The use of renewable energy (RE) sour ces plays a significant role in increa sing the security of energy supply and mitigating climate change. Whereas this role is und isputed, there is an ongoing discussion about the employment impacts of promoting RE deployment. So far no common methodological...

The objective of this study is to construct a 2-goods “tradable and non-tradable”, 4-factors, 13-industries, single-country general equilibrium model with references to the case- specific features of North Cyprus and explore the impact of external income shock on the economy as a whole. The...

The current state budget crisis in the EU and the numerous futile efforts to solve the problem has brought back the fraction of people that argument in favour of an exit strategy of Germany from the ECU or even the break-up of the ECU in total. The path to the ECU was long and mainly politically...

he Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) predicts global sea level to rise (SLR) by up to 60 cm by 2100 in response to ocean warming and glaciers melting. Moreover, it is expected that sea level rise might be of 1 meter or more in 2100 due to recent...

This paper analyses the effect of military expenditure on economic growth. With various channels through which military expenditure may influence economic growth, much of the defense economics literature has found inconsistent results. This study is based on the national defense expense for the...

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Several times a year, OPEC hosts conferences with its members to review oil fundamentals and decide on production quota adjustments. The organization meets behind closed doors, but the opening meeting is open to the press and usually fuels market speculation on which agreement concerning oil...

Most of Basel II and III financial regulations are based on data, treated in a statistical mindset. While regulators call for forward-looking risk management, they suggest no time-based modeling approach. In macroeconomic catastrophes modeling, this is a great setback. This paper reports the...

Switzerland is already and will continue to be affected by climate change. In its fourth assessment report, the IPCC indeed predicts a temperature increase of approximately 2 °C during winter and 2.5 °C during summer until 2050 compared to 1990 levels. By then, precipitation is estimated to...

Thee most discussed problem in most countries is influence of financial and debt crisis on economy. Moreover, in January 2009 led the unsuccessful negotiation about gas price between Russia and Ukraine to suspend gas supply from Russia to east and central European countries. This was the case...