... . . or Ramsey policy General equilibrium Reciprocity Gift exchange Fair wages Unemployment Bulgaria E24 E32 J41 In addition, Bulgaria, however, as many other Eastern European countries as well, exhibits a significant rate of involuntary unemployment, which was due to the process of structural...

... of leisure. Business cycles Money-in-utility (MIU) considerations Bulgaria E32 It is a well-known fact, e.g. Prescott (1986) , that the perfectly competitive (Walrasian) approach to modeling labor markets in real business cycle (RBC) context – that is, without money in the setup – does...

... Limited 2021 Emerald Publishing Limited Licensed re-use rights only Business cycles Inventories Bulgaria E24 E32 Even though inventory investment is just 0.4% of gross domestic product (GDP) in Bulgaria, it varies more than twice the fixed investment in Bulgaria, which is 18.2...

... 2017 19 09 2017 16 01 2018 © Emerald Publishing Limited 2018 Emerald Publishing Limited Licensed re-use rights only Banking Ethics Fractional reserves Libertarianism E31 E32 A crucially important moral problem with FRB is that it implies more than 100 percent...

... Publishing Limited Licensed re-use rights only Cointegration analysis Egypt Johansen cointegration Discriminant analysis Oil and gas exploration investments Performance measures- growth rates – VaR International oil companies (IOCs) M21 L71 F21 E32 Maximizing social benefits...