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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…
Gautam Vora
Digital currencies, virtual currencies, in-game currencies, etc., have gathered a lot of attention, despite the difficulties of definition, from all corners of society for many years. Cryptocurrency has gained unprecedented attention since the birth of Bitcoi…
İsmail Şentürk
In this study, determinants of expected wages of unemployed individuals in Turkey have been analyzed. In addition to duration of unemployment, reservation wage, and previous wage, the effect of demographic and economic factors has also been studied. The data…
Boureima Bamadio, Konstantin Andreyevich Lebedev
In this paper, we propose a method that uses the apparatus of the theory of fuzzy sets, together with the five-factor model of Altman to assess the creditworthiness of an enterprise. Altman’s model is enhanced in two ways: applies integral approximation of th…
Leonardo Ensslin, Ademar Dutra, Sandra Rolim Ensslin, Leonardo Correa Chaves, Vinicius Dezem
Globalization has brought to institutions greater competitiveness and visibility to products and services , which means that consumers started to be more demanding and take advantage of the best references for establishing standards for their care. The bankin…
Ying Wang, Chao Ni
Based on the data of China’s 28 provinces and regions during 1987-2007, this paper is trying to explore the role of the composition of the human capital on the economic growth with the spatial effect among provinces. The results indicate that there are signif…
Lutz Kruschwitz, Andreas Löffler
We show that a transversality condition is necessary when it comes to valuing a company with an infinite lifespan. Without transversality the firm value cannot be uniquely determined. Also, an assumption on a lower bound of cash flows is necessary to achieve…
Dexiang Mei, Xiaojun Li
Barter trade attracts money launderers by its flexible contract, payment term of reciprocal letters of credit, and convenient capital flight and tax evasion. As far as fair value and invoiced value of the transacted goods are concerned, transfer price-based m…
Xiujuan Wang, Jilian Hu
Focusing on virtual water in the international grain trade, this paper calculates the virtual water volume embodied in the international grain trade (mainly rice, wheat, corn and soybean) from 1990 to 2012 in China. By doing so, this paper tries to evaluate t…
Jan R. Kim, Gieyoung Lim
The present value model of asset prices a la Campbell and Shiller predicts the price-rent ratio in the housing market to be stationary. The observed movements in the actual price-rent ratio, often exhibiting large and long swings in the ratio, may put into qu…
Zhilin Gao
With the development of market economy, mergers and acquisitions as an enterprise can accelerate the rational allocation of resources, and optimize the allocation of enterprise. Enterprise resource conservation, which is an important means to realize the ente…
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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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Manuscripts must be original and not under consideration elsewhere. Submit in Microsoft Word or LaTeX with figures at 300 dpi minimum. Structure research articles as Abstract, Introduction, Methods, Results, Discussion, and References.
Use the journal's numbered (Vancouver) reference style. Cite sources consecutively in the order they appear, and ensure every reference is complete and retrievable.
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