This paper improves a standard Structural Panel Bayesian Vector Autoregression model in order to jointly deal with issues of endogeneity, because of omitted factors and unobserved heterogeneity, and volatility, because of policy regime shifts and structural changes. Bayesian methods are used to...

Intuitive competence is an important human characteristic. This article discusses the importance of human intuition in the context of creating new knowledge. In particular, inspirational intuition plays an important role. In contrast, to Daniel Kahneman's fast, intuitive, and routine decision...

Money market and economic growth nexus has been debated in the literature. This paper therefore re-examines money market impact on economic growth in Nigeria using quarterly data from 2000Q1 to 2018Q4. It utilised the structural vector autoregressive (SVAR) model framework to generate the...

The academic world says that the divorce between economists and politicians became visible during the financial crisis that began in 2008, when the economists were criticised for failing to preview the crisis, on the one hand, and, on the other hand, for the slowness in accompanying the...

The article focuses on the analysis of economic growth of Ukraine and its regions, using the proposed by the authors indicators of quality and indicators of the population living standards under innovation growth. The main purpose of the research is developing a method of multi-factor assessment...

What began as a single COVID-19 case in China in late 2019 quickly spread around the globe in the first quarter of 2020. While the impact on the world\'s health systems is unknown, the economic toll remains also remains unknown as the world grapples with an unprecedented global recession. This...

The management of companies should recognize the important role of the intuitive competence of employees and make it available for knowledge generation. There is a special role and relevance of Inspirational Knowledge Imagination, for creating inventions and innovations, as a source of...

An increasing number of researchers, whether in Sweden, Slovakia, Italy, Japan, Brazil, or many other places, are using English in their discourse, written or oral, despite working in a place where the native language is not English. To convey insights and research results to the general public...

This working paper systematically analyzes the dynamic commercial relationship between China and Africa. Utilizing Natural Language Processing and content analysis of meticulously collected policy documents, this study finds that the Belt and Road Initiative (BRI) and other proposals by...

In this paper I analyse how I became an economist and at the same time a democratic socialist and a Christian. I also explain how I became politically involved after my graduate studies at Cambridge in the late 1950s and started lecturing at Adelaide. When back in Cambridge in the 1960s,...