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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…
Hilcías E. Morán
This paper develops a simple analytical model with altruistically motivated remittances to analyze the determinants of remittances using household data from Ecuador. The model predicts that migrant remittance behavior and household migration size are non-mono…
Ronald U. Mendoza, Tristan A. Canare
Most mining operations in developing countries are defacto public-private partnerships, as the state typically owns the resources and partners with a company or consortium in extraction. Revenue sharing is a critically important element of such partnerships,…
Jin-Yong Yang
We study how the volume of derivatives trading is associated with the return on assets (ROA), as well as the enterprise value proxied by abnormal return (AR), before and after the US Financial Crisis. Results suggest that before the crisis, the volume of over…
Rufus Adebayo Ajisafe, Anthony Enisan Akinlo
The study determined the degree of competition in the banking sector between 1990 and 2009 using Panzar and Rosse (PR) methodology. The data for the study were obtained from the annual reports and statement of accounts of fifteen commercial banks in Nigeria w…
Jeffrey J. Yankow, Mary Jean Horney
Using an extended panel from the National Longitudinal Survey of Youth 1979, this study explores the impact of marriage and children on the employed job search behavior of young workers. Estimation results from a bivariate probit model of employed job search…
Ichiro Gombi, Shinsuke Ikeda
Incorporating two independent habits over consumption and money holdings into a small country model, we examine the adjustment dynamics of the current account and the exchange rate to expansionary monetary and fiscal shocks under two alternative policy regime…
Jianzhong Shi, Yuhong Li
Adopt principal component regression for researching the optimal subsidy mode of cotton production in China . The result indicates that, from the perspective of economic stimulatory effect, the optimal cotton subsidy in China is farm chemical subsidy rather t…
Li Shuai, Hui Lai, Chao Xu, Zongfang Zhou
Individual credit risk evaluation has played an extremely important role in the credit risk management of commercial banks. Firstly, through Logistic regression, this paper selects and determines the clustering factors. Then the bilateral clustering structure…
Yali Yang, Hao Chen, Ruoping Zhang
Although still in its early development phase, rapid growth of auto ownership has also injected new vitality for used car market in China. Under the support of series policy, the used car market reveals leaping development character with qualified changes. It…
Manuel Alejandro Cardenete, María del Carmen Delgado
Ever since the accession of Spain to the European Economic Community, Andalusia has been recipient of European Funds. This paper proposes an analysis that will reveal the economic impact of the European Funds received by the Autonomous Region of Andalusia dur…
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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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