Category Archives: Business & Economics

Journals from Business & Economics

Why “Austerity” Failed in Greece: Testing the Validity of Macro-Economic Models

Author(s):Frederick Betz, Elias Carayannis ABSTRACT During the Euro Crisis which began in 2009 and is still continuing in 2015, Greece provided an interesting case of an empirical test of some macro-economic theories—particularly the theory underpinning the European Union (EU) policy … Continue reading

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Does Money Fly? The Economic Value of Migratory Birdwatching in Xochimilco, Mexico

Author(s): Daniel A. Revollo-Fernández ABSTRACT This paper estimates the economic value that national and international birdwatchers have to keep an urban wetland in this case, Xochimilco (Mexico), as a place of rest, food and/or shelter for migratory birds from North … Continue reading

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Discussion on Issues of Inheritance of Internet Virtual Property

ABSTRACT With the increasingly close connection between the Internet and citizens, the Internet virtual property is increasing in large amount. Although the viewpoints the parties hold about “virtual property” are different in the judicial practice, the analysis from the perspective … Continue reading

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Disequilibrium Pricing—Greek Euro Crisis

Author:Frederick Betz ABSTRACT Financial instability in Greece began in 2009 when the interest rates on Greek sovereign bonds surged; and this can be graphed in a “price disequilibrium” model. To explain how this came about, we create a systems-dynamics model … Continue reading

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Measuring the Severity of a Banking Crisis and Finding Its Associated Factors: How Are the Factors Different for Simple and Severe Banking Crises?

Author(s):Anichul Hoque Khan, Hasnat Dewan ABSTRACT This study measures the severity of a banking crisis by using its duration and the cost. Using this new methodology, we find that the factors associated with a severe banking crisis are not quite … Continue reading

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Sociometric Attractiveness on Facebook

Author(s): Kate M. Stam1, Glen T. Cameron2, Antonie Stam ABSTRACT Advertisers are keen on finding ways to leverage social network sites (SNS) such as Facebook, one of the premier SNS today, to improve their image, the perception of their products … Continue reading

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Analysis of the Effect of Index Futures on Stock Market with a New Fama-French 3-Factor Model

Author(s): Xinyue Bei1, Yanjia Yang2, Liuling Li3, Bruce Mizrach4 ABSTRACT In this paper, the effect of Index Futures on stock market is studied. A new model, which is based on the 3-factor model in Fama and French (1993), the EGARCH-type … Continue reading

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A Model of Room Rentals in a Seasonal Hotel Illustrating Monopolistic Competition

Author:Gerald Aranoff A short article about my paper: “A Model of Room Rentals in a Seasonal Hotel Illustrating Monopolistic Competition” published in Theoretical Economics Letters Volume 4 number 2, pages 139-145 by Gerald Aranoff. July 9, 2014 We illustrate monopolist … Continue reading

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Three policy priorities for sustainable development: More equitable societies, greener economies, rights-based population policies

Author:Michael Herrmann The greatest challenge of the century is to meet the needs of current and future generations, of a large and growing world population, while at the same time ensuring the sustainability of the natural environment. The current development … Continue reading

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Population aging: Success of past policies, or next big threats to economies?

Author: Michael Herrmann Only two years ago, the world population will reach the 7 billion mark and by mid-century it will have growth to well over 9 billion, according to the latest projections. However, the global trend masks a large and … Continue reading

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