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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod…
Huiming Xu
Based on the panel data of 40 Chinese commercial banks from 2004 to 2014, this paper tests empirically the relationship among business cycle, banking market structure and capital buffer using the method of GMM. The results show that in China: capital buffers…
Xue Lei
As a kind of finance innovation for direct lending between individuals, P2P develops rapidly in recent ten years. However, while it is promoting China’s economic development, various problems related to P2P network credit and loan are appearing gradually. If…
Jian Zhan
The academia always argue about whether there is a Kuznets curve for a long time, however, rare people care about Kuznets curve in countryside. The thesis first analyzes the possibility of the Kuznets curve in China’ rural area theoretically; and then based o…
Ute Schmiel
The present paper conceptualizes a methodology of an evolutionary tax law analysis from a critical rationalist perspective. This methodology has the following characteristics: We interpret tax rules as means to achieve tax goals. Means-end-statements have an…
Ezra Davar
This paper shows that the return to Keynes’s irrelevant and incorrect doctrines from his General Theory has begun; hence, it must be prevented. This paper shows: 1) Hazlitt’s criticism of Keynes’s concept of the investment multiplier is entirely correct, reve…
Wei Peng
Recently, Amazon and Google and other large multinational companies are reported that they use changing corporate structure to avoid tax. This behavior caused widespread international concern. Many multinational companies use digital economy transactions, and…
Eleni Dalla, Christos Karpetis, Erotokritos Varelas
This paper establishes a second order accelerator model (Hillinger [1] [2]) in discrete time. More specifically, we present a three-equation structural model in order to examine the behavior over time of capital. Our purpose is the analysis of investment cycl…
Mussa Hussaini, Mohammad Asef Shafaee, Aweng Peter Majok Garang
In the Stock Exchange of Thailand, we examine whether buying stocks that have performed well in the past and selling those stocks that have performed poorly in the past will generate statistically significant positive return in the future. The performance of…
Demissew Diro Ejara
This paper compares performance of long-short equity hedge funds with the market index by using mean-variance criteria and criteria including higher moments. Based on the mean-variance criteria, the majority of the long-short equity hedge funds outperform the…
David Aslanishvili
In this article we have overviewed the present conditions of Georgia and proposed some ideas about how to turn Georgia from a backward country into a developed one. The article, “Market foundation for sustainable economy growth and energy policy (Georgian Cas…
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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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