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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…
Edet Joshua Udoh, Sunday Brownson Akpan, Daniel Etim John, Inimfon Vincent Patrick
The study modelled the short run and long run impact of some macroeconomic fundamentals on the exchange rate volatility in Nigeria. Unit root test conducted on the specified time series showed that all series were integrated of order one. The short-run and lo…
Anthony E. Akinlo, Babatunde Olanrewaju Owoyemi
The paper examines the determinants of interest rate spreads in Nigeria using a panel of 12 commercial banks for the period 1986-2007. The results suggest that cash reserve requirements, average loans to average total deposits, remuneration to total assets an…
Ronald U. Mendoza, Padmini Mahurkar
This article briefly examines the Philippines’ pattern of job creation during the period 2001-2009 in order to help explain why growth during this period failed to translate into poverty reduction. An analysis of disaggregated employment and sectoral output d…
Wadim Strielkowski, Evgeny Lisin, Emily Welkins
This article presents a serious analysis of a ridiculous subject. It provides a new approach to modeling intertemporal interactions between vampires and humans based popular fiction literature, comic books, films and TV series. It is mainly concerned with the…
Lyoe Lee, Guillermo Vuletin
In this paper, we analyze how public spending responds to income and intergovernmental fiscal transfer shocks in China. Similar to federations around the world, we find the flypaper effect at the provincial level since the country became a de facto federation…
Bhekuzulu Khumalo
Mathematics is the basis of all science for the simple fact that it allows us to measure, counting in its basic sense is measuring. Mathematics is most useful when it is accurate. When we look at the concept of infinity we get new insights into mathematics an…
Yutaka Kurihara, Koichiro Morikawa, Sadayoshi Takaya
Since the end of 1990s, the independence of central bank independence has been discussed. In the past, central banks tried to improve their independence to combat inflation. This independence has been evaluated relative to adequate economic policy and stable…
Toshihiro Uchida
Although fairness concerns are frequently discussed in the real world environmental politics, their effects are relatively neglected in the environmental economics literature. Using a survey method, this paper attempts to reveal how fairness norms affect the…
Marcin Jedrzejczyk
Translation, understood as a process of restating the value from a particular currency to another currency, is based on the market exchange rate. So in practice, almost every value in terms of goods, assets, liabilities, and wages is converted to US dollars a…
Maniklal Adhikary, Khokon Sarkar
People are excluded when they are not a part of main stream of society in their daily life due to caste, creed, religion and economic condition. This indicates that the socially excluded people are customarily shunned in the zone of employment, community, fri…
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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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