The choice of exchange rate regime can have a significant impact on the development of the national economy, which affects the main economic indicators. Traditionally, researchers consider the effects of certain types of exchange rate regimes on economic indicators such as gross domestic...

This paper analyzes the impact of economic freedom along with traditional economic factors on economic growth for a panel of European countries. The growth of the gross domestic product was observed over a twenty-year time period on a sample of 43 developing and developed countries. Based on a...

In this paper, we modify Duan’s (1995) local risk-neutral valuation relationship (mLRNVR) for the GARCH option-pricing models. In our mLRNVR, the conditional variances under two measures are designed to be different and the variance process is more persistent in the risk-neutral measure than...

The gender pay gap increases with age: While the average gross hourly wage gap between male and female 30-year-olds is nine percent, the gap triples to 28 percent by the age of 50. This stark increase is due to differences in employment behavior in the decades between the ages of 30 and 50....

The pattern of development of the economies of Europe and the world in recent decades is a focus on sustainable development. In accordance with the declaration of the United Nations Conference of 1992, sustainable development is defined as "equitable meeting the needs of present and future...

This work presents the synthesis gas production from gasification of plastic waste, i.e. polyethylene (PE) and polypropylene (PP). The steam gasification is modeled by using AspenPlusTM simulation software. The effects of gasifier temperature and steam to feed (S/F) mass ratio were examined to...