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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…
Joachim Nyemeck Binam, Judith Oduol, Luke Olarinde, Aliou Diagne, Adewale Adekunle
In this paper, we determine the extent to which the variation in poverty incidence can be explained by institutional/community factors, and how the results can be used to evaluate the potential impact on poverty levels of change in factors found to have a sig…
Francis Menjo Baye
This paper examines the demand for real M2 in Cameroon. After providing a sketch of the development in money demand theories, the paper specifies and estimates long- and short-run demand functions for real M2 using co-integration and error correction techniqu…
Antonin Rusek
Detailed econometric analysis of the dynamics and variability of the 10 different economic variables is used to analyze the divergence-convergence processes in the Eurozone. These data, publicly available from the Eurostat and European Central Bank indicate t…
Bernard C. Beaudreau
This paper examines the emergence and evolution of economic complexity, defined as large-scale specialization and exchange (LSSE), within the context of a simple coordination game in which communication and coordination costs (institutions) are modeled explic…
Haigang Zhou, Steven E. Rigdon
Testing duration in stock markets concerns the ability to predict the turning points of bull and bear cycles. The Weibull renewal process has been used in previous studies to analyze duration dependence in economic and financial cycles. A goodness-of-fit test…
Mazbahul Golam Ahamad, Rezai Karim Khondker, Zahir Uddin Ahmed, Fahian Tanin
This paper explores the major push-pull and self-selective factors of seasonal rural-urban migration during the lean period using survey data from northern Bangladesh. Among all other factors, probit estimates reveal that the choice of destination, per capita…
Mieczysław Dobija
The essence of money economy reveals an abstract triad: capital – labor – money, where capital is an ability of doing work, labor is a transfer of the capital to products, and wages receivables correctly define money earned by the employees. The only proper m…
Uriel Spiegel, Uri Benzion, Tal Shavit
The purpose of this paper is to examine whether price discounts or buy one get a different item free (BOG-DIF) offers are more attractive to consumers. This paper examines empirically (through the use of two different questionnaires) the effect that the relat…
Phan Sy Hieu, Steve Harrison, David Lamb
National objectives for forestry and wood-processing industries have not usually been achieved to the extent that the Government of Vietnam planned. A spatial equilibrium model with linear supply and demand functions for the forestry and wood-processing indus…
John F. McDonald
This paper shows that, if firms borrow at an interest rate that is greater than the rate at which they can lend, the value of a firm declines with the amount borrowed. The model assumes the possibility that a firm may go bankrupt, which introduces the need fo…
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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.
Authors submit their manuscript, metadata, and declarations through the portal. There is no submission fee.
The editorial office screens the manuscript for scope, completeness, and formatting before assigning a handling editor.
At least two independent reviewers evaluate the manuscript under single-blind review. Where revisions are required, authors respond point by point.
On acceptance the article processing charge is invoiced and the CC BY 4.0 copyright handover is signed.
The article is copyedited, typeset, and given a DOI, then publishes open access with a permanent link.
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.
Declare all funding sources, conflicts of interest, and ethical approvals (including informed consent and animal-care statements where applicable).