Purpose The purpose of this paper is to extend the literature on the entrepreneurship-unemployment nexus to the case of Croatia. Design/methodology/approach The study uses the Toda-Yamamoto causality test within a vector autoregressive model to determine the causal dynamics between the...

Purpose The purpose of this paper is to examine the impact of labor market freedom on state-level cost of living differentials in the USA using cross-sectional data for 2016 after allowing for the impacts of economic and quality of life factors. Design/methodology/approach The study uses...

This study examines whether the target levels of a state's renewable portfolio standard (RPS) are influenced by target levels in neighboring states, controlling for state-specific characteristics. Contrary to previous studies, target levels in neighboring states have a positive and statistically...

Given the absence of a formal forecasting model of property insurance surtax revenue for the state of Kentucky, this paper presents the insample and out-of-sample forecasts of four models: Holt linear trend algorithm, autoregressive model, linear trend/autoregressive model, and economic activity...

The rational expectations‐permanent income hypothesis (REPIH) is nothing new. The initial REPIH of Hall (1978) suggested that no other variable observed in earlier periods, given the inclusion of consumption lagged one period, should have any explanatory power for current consumption (Hall,...

This paper examined the cointegrating properties of narrow money demand. Results suggest income and interest rate are sufficient for the formulation of a long‐run stable demand for money in Australia, Austria, Finland, Italy, UK, and US. However, for Canada, Germany, and Switzerland, the...