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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…
Georgios L. Vousinas
The present study deals with Eurasian Economic Community (EurAsEC), a relatively new entity that appeared in the post-Soviet region, which tries to join the neighboring countries into a strong and structured union. The paper presents the integration steps tha…
Vahid Mohamad Taghvaee, Parviz Hajiani
Price and income elasticities of gasoline demand show whether the price policy, pursued by the Iranian government, can decrease the high gasoline consumption sufficiently or not. Since the two oil price shocks in 1970 and 1973, interest in the study of oil pr…
Valerio Moretti, Agostino Ferrara, Andrea Colantoni, Margherita Carlucci, Luca Salvati
The present study analyses historical trends (1861-2011) in the socio-economic structure in Italy using 12 statistical indicators and their latent relationships with the long-term forest expansion with the aim to assess how changes in the socio-economic conte…
Gaetano Giunta, Giovanni Giunta, Liliana Leone, Domenico Marino, Gaspare Motta, Angelo Righetti, Domenico Marino
In this paper we will present a new model of social policy related with productive, civil economy clusters able to generate an evolved community welfare, currently experimented in the area of the Strait of Messina. The approach is based on anthropological pos…
Komain Jiranyakul, Timothy P. Opiela
This study examines the short-run and long-run stability properties of money demand in Thailand using the monetary aggregates M1, M2 and M3, for the period from 1993Q1 to 2012Q4. We use the dynamic OLS specification of Stock and Watson (1993) and Ball (2001),…
Christopher Sebatta, Johnny Mugisha, Enid Katungi, Apolo Kashaaru, Harriet Kyomugisha
Smallholder potato farmers in Uganda face many production and marketing challenges including limited access to markets and low surpluses for sale into the market. This study sought to underscore the factors that influence smallholder farmers’ decision to part…
Jin Yong Yang, Junyoung Heo, In-Sung Yeo, Sang-Heon Lee
This paper investigates whether the implied volatility index has signaling power for the future stock index returns from VIMEX (Mexican Implied Volatility Index) and MEXBOL (Mexican BOLSA IPC Index) and if there was a change in signaling power between, before…
Jian Su, Guangming Deng
This paper used the intervention analysis model to fit the data of seven-day annualized yield of Yu Ebao, by regarding the Niu’s comment as intervention. We constructed the linear model and the intervention model. The result showed that though Niu’s comment w…
Michael R. Jonas
The goal of this paper is to examine the sensitivity of US bank lending to movements in the exchange rate. Using a panel of quarterly bank-level balance sheet observations, I show that there exists significant and meaningful exchange rate sensitivity of cross…
Andreas Liening
The current article will focus on the fundamental idea of synergetics. It addresses the question of how to explain self-organization in a complex system. For this purpose synergetic will be explained with the use of the classic physical example, the laser lig…
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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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