This report is one of the first studies discussing monetary base analysis and control model, a concept even today is alive and more developed by, for example, by IMF to use its analysis. The study presents monetary base approach to control of money flows and the links between monetary base,...

The routes to a macro social report are the social indicators movement, the refinements in national income accounting, and the increasing role of accounting in achieving economic development. This article examines each of these routes

The Chicago Board Options Exchange (CBOE) Volatility Index, often referred to as VIX Volatility Index (VIX), is considered by many market participants as a common measure of market risk and investors' sentiment. It is also sometimes called the fear index. In general, the VIX represents the...

The facility of student support services comprising personal and financial counselling, careers guidance and support for students is an familiar part of the support available to students in all higher education institutions (HEIs).The growing multiplicity of students entering HEIs has resulted...

Demonetization is a process of extraction of a particular form of currency from circulation. The current form of money is pulled out from circulation and retired, to be replaced with new notes or coins. The latest demonetization measures taken by the Indian Government on November 8th 2016, in an...

In this notes, I argue and show that the so-called Efficient Markets Hypothesis (EMH) is no less than a false prophecy, the Black-Scholes-Merton (BSM) formula - a perfect rendition of EMH - no more than a parlor trick, and risk-neutral pricing models - generalisations of BSM - severe...

In September 1997, the U.S. Treasury developed the TIPS market in order to achieve three important policy objectives: 1) to provide consumers with a class of assets that allows for hedging against real interest rate risk; 2) to provide holders of nominal contracts a means of hedging against...

Russian Abstract: Национальная инновационная система не может быть эффективной без развитой международной кооперации. Участие в ней требует исчерпывающих знаний об...