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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…
Riccardo Fiorito
Recessions are less frequent (10%), more volatile and less persistent than negative business cycles are (50%). In this article, OECD annual data are used to provide a taxonomy of postwar recessions, showing in particular the frequency, the features and the nu…
William Carlson, Conway Lackman
The recovery from the 2008-2009 recession has been much slower than the average recovery since the 1924 recession. As analysts who believe that the St. Louis model created by Leonall Andersen and Jerry Jordan still has relevance we believe that the slow rate…
Hisham H. Abdelbaki
The waves of the Arab Spring in Tunisia, Egypt, Libya, Yemen and Syria, and any other country that may follow, is considered a unique phenomenon worth studying in view of the pre and post revolution events and effects on all sectors of the national economy, a…
David A. Grigorian, Faezeh Raei
The paper examines recent episodes of government involvement in corporate debt restructurings. It argues that corporate debt restructuring is an important step toward recovery from a financial crisis. Due to interlinkages between the balance sheets of corpora…
Olorunfemi Sola, Adeleke Peter
The study examines money supply and inflation rate in Nigeria. Secondary data that ranged between 1970-2008 were sourced from the CBN Statistical Bulletin. The study used Vector Auto Regressive (VAR) model. The stationary properties of the model were also exp…
Sami Alpanda, Adam Honig, Geoffrey Woglom
Many popular macroeconomics textbooks have recently adopted the dynamic aggregate demand-aggregate supply framework to analyze business cycle fluctuations and the effects of monetary policy. This brings the textbook treatment much closer to the research front…
Ziqing Zhang, Yingshan Zhang
By using mathematical reasoning, this paper demonstrates the economic intervening principle: “Virtual disease is to fill his mother but real disease is to rush down his son” and “ Strong inhibition of the same time, support the weak” based on “Yin Yang Wu Xin…
Song Zhu
In recent years, the Chinese government has highly emphasized the development of bond market, which plays an im portant role during the development of macro-economy and finance sector in China, especially on some crucial steps concerning national economy and…
Renata Turola Takamatsu, Luiz Paulo Lopes Fávero
The central aim in this research was to assess investors’ accounting information interpretation skills. Therefore, it was assessed how different profit components would affect the future profitability of publicly traded Brazilian companies. Through a sample o…
Hrishikesh D. Vinod
We begin by noting how India is highly overpopulated and that this creates negative externalities for world environment. Next, we note that females in child-bearing ages alone determine the birth rate, compounding the population growth anywhere. Third, forcin…
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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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