methodology we try to identify the financial leverage determinants of Macedonian firms. Second, we analyze changes in firms … crisis were affected by the pre-crisis level of leverage and changes in firms' performance during the crisis. …The purpose of this study is to analyze capital structure decisions of Macedonian companies by using firm level data …

The study explores the corporate sector debt in the Macedonian economy. It starts by a narrative scrutiny of its … provides no evidence that corporate sector in Macedonia deleveraged after the burst of the global financial and economic crisis … investigation, to explore the link between corporate debt and GDP, and assess where the corporate debt stands in terms of its …

benefits and costs of exchange rate targeting strategy in Macedonia are presented regarding the monetary policy (money supply … devided into six chapters. In the first introductory chapter the set up of the Macedonian monetary order is presented …, together with the outline what is following in next five chapters. The main topic of investigation in the second chapter is, if …

Additional protection of the stability of the banking system and deposited funds in the banks and savings houses is … case of a risky event, and 3/ they contribute to a larger extent in improving the establishing and maintaining public … introduce explicit deposit insurance schemes. In the Republic of Macedonia there is a Savings Insurance Fund, as an explicit …

practical application in Thirlwall's economic growth model in the case of the Republic of Macedonia. The estimation is based on … the estimated income elasticity of import in the Thirlwall's economic growth model shows that the growth rate of the …The purpose of this empirical research is estimation of the long-term price and income trade elasticities and their …

, monetary and fiscal policy, can affect the real economy. This paper presents an estimate of the investment function for the … term production capacity in the economy. Investment, also, is one of the channels through which macroeconomic policies …Investment is one of the crucial macroeconomic variables - it adds to the capital stock and thus determines the long …