Theoretical and Applied Economics
No. 1 / 2014 (590)
Axial vacuum
„The reality of the social climate is marked by the tragic feeling of the choice for a permanent bifurcation, either towards a project failed out of various reasons or towards the escape from any project which is tied to the place or the time of a nation.”
Historical changes are perceived as cultural turbulences, without exception. Despite the interpretation of change mostly in economic terms, as in the case of post-communist transition, what actually occurs is the passage from one formula of social organization to another. The focus in this case ought to be strictly on the values, as it ultimately concerns the people’s concepts and way of living.
Contents
Stochastic evolutionary cartel formation
Earnings analysis at industry level
Analysis of the correlation between the real estate loan stock and the average unit value of urban housing
Debt and economic growth: Is there any causal effect? An empirical analysis with structural breaks and Granger causality for Greece
Behavioral finance: biased individual investment decision making; like the company but dislike the investment
The role of community foundations in local development – Slovak experience
The role of small and medium enterprises in improving employment and in the post-crisis resumption of economic growth in Romania
The issue of competing currencies. Case study – Bitcoin
Test of the bank lending channel: The case of Hungary
The dimensions of the global financial crisis
Budgeting mechanisms in public administration – meeting today’s and tomorrow’s development challenges