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Coming from standard economic growth theory and empirical evidences, we concentrated on the convergence process as a result of structural changes in economy. We investigate the differences among countries in EU in terms of the share in total economy of main sectors. Then, based on the spatial...
Persistent link: https://www.econbiz.de/10011548145
Romania has the highest share of EU rural areas (44.9% ), which generates and maintains a long series of regional disparities. Because of these disparities, the economy faces a number of elements that undermine the quality of human and social capital and reduces the potential for growth:...
Persistent link: https://www.econbiz.de/10011536635
From the 1990s, the reorientation of the development model, which switched from protective of industrial sector to intensifier of the trade liberalization process, brought the need for reorganization of large productive sectors of the Brazilian economy, were openly forced to face global...
Persistent link: https://www.econbiz.de/10011514708
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Over the time, demography has been the subject of multiple researches, given its importance in the development process of any community. The population and the changes in its structure, as well as aspects related to birth, mortality or specific demographic indicators (economic dependency rate...
Persistent link: https://www.econbiz.de/10014547045
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The basic concept of a reverse mortgage is loan available to homeowners who are 65 years or older that enables them to convert part of the equity in their home into cash. The loan is called a reverse mortgage because the traditional mortgage payback stream is reversed. Instead of making monthly...
Persistent link: https://www.econbiz.de/10011485306
priors entertained for all variables at all forecasting horizons. …
Persistent link: https://www.econbiz.de/10011505823
predict the dynamics of home rents and prices in the nearest future. In this paper, we evaluate the forecasting ability of 115 … framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears to dominate all …
Persistent link: https://www.econbiz.de/10011505867