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Economies, Volume 12, Issue 1

January 2024 - 25 articles

Cover Story: The euro was launched on 1 January 1999 as a common currency for members of the European Union under the Maastricht Treaty. The Maastricht Treaty calls for the coordination of major macroeconomic policies. This paper empirically tests the impact of the euro on the degree of market integration by looking at the co-movement of the European equity markets and a sample of OECD equity markets. The results show that cross-country divergences in stock markets continued after the introduction of the euro. There is no evidence of co-integration after the adoption of the euro. Cross-country portfolio diversification continues to be beneficial even among euro countries. View this paper
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Articles (25)

  • Article
  • Open Access
3 Citations
4,428 Views
15 Pages

How Far Are NEET Youth Falling Behind in Their Non-Cognitive Skills? An Econometric Analysis of Disparities

  • Garen Avanesian,
  • Marina Borovskaya,
  • Marina Masych,
  • Ludmila Dikaya,
  • Victoria Ryzhova and
  • Valeria Egorova

19 January 2024

Youth not in education, employment, or training (NEET) refers to the most vulnerable group in the transition from school to work. While much research focuses on institutional factors behind the NEET incidence, the current study approaches the problem...

  • Article
  • Open Access
4 Citations
6,384 Views
21 Pages

Agricultural Produce Supply Chain Network of Capsicum: Empirical Evidence from India

  • Pankaj Thakur,
  • Piyush Mehta,
  • Priyanka Lal,
  • Rashmi Chaudhary,
  • Saswat Kumar Pani,
  • Akash Gaurav Singh,
  • Chhaya Devi,
  • Kamlesh Verma and
  • Prashant Sharma

18 January 2024

Vegetables are important for both nutritional and economic stability and contribute significantly to the agricultural landscape of India. The demand for vegetables is rising, driven by population growth and increased awareness of their benefits. This...

  • Article
  • Open Access
15 Citations
58,033 Views
16 Pages

Globalization and Income Inequality in Developing Economies: A Comprehensive Analysis

  • Mosab I. Tabash,
  • Yasmeen Elsantil,
  • Abdullah Hamadi and
  • Krzysztof Drachal

18 January 2024

Around the world, people are becoming more and more worried about how globalization will affect their standard of living. According to the literature, globalization has resulted in the marginalization of the impoverished populations in developing eco...

  • Article
  • Open Access
7 Citations
3,344 Views
17 Pages

The Impact of Interest Rate Spillover on Output Gap: A Dynamic Spatial Durbin Model

  • Josephine Wuri,
  • Yuliana Rini Hardanti,
  • Laurentius Bambang Harnoto,
  • Caecilia Wahyu Estining Rahayu and
  • Christina Heti Tri Rahmawati

17 January 2024

The recent multidimensional crisis has harmed the global economy because countries are currently integrated. In this study, we examine the spillover effect of the United States (US) interest rate on the output gap of ASEAN+3 countries using the dynam...

  • Article
  • Open Access
4 Citations
5,338 Views
25 Pages

On the Asymmetric Relation between Inflation and Growth in Mexico: A NARDL Approach

  • José Carlos Trejo-García,
  • Ramón Valencia-Romero,
  • María De Lourdes Soto-Rosales and
  • Francisco Venegas-Martínez

17 January 2024

The effects of various geopolitical tensions, conflicts between countries and the global post-pandemic COVID-19 have caused an acceleration in the price level in many countries around the world. This research focuses on Mexico since its monetary poli...

  • Article
  • Open Access
3,118 Views
22 Pages

15 January 2024

This paper investigates the intergovernmental transfer systems in South Africa, more specifically, the underlying determinants and formula of the unconditional grants of the education component of the Provincial Equitable Share (PES). The PES formula...

  • Article
  • Open Access
3 Citations
4,104 Views
21 Pages

When and for Whom Does Growth Becomes Jobless?

  • Mindaugas Butkus,
  • Laura Dargenytė-Kacilevičienė,
  • Kristina Matuzevičiūtė,
  • Dovilė Ruplienė and
  • Janina Šeputienė

15 January 2024

The results of previous research suggest that the elasticity of employment with respect to output is not constant within each phase of the business cycle and might depend on the maturity of that phase. Nevertheless, empirical evidence is almost non-e...

  • Article
  • Open Access
3 Citations
3,416 Views
20 Pages

15 January 2024

This paper augments the sparse literature on the inflationary impact of foreign debt in Brazil while addressing methodological caveats in previous studies. We depart from the linearity assumption and employ two nonlinear techniques: the nonlinear aut...

  • Review
  • Open Access
3 Citations
4,328 Views
26 Pages

12 January 2024

The objective of the paper is to analyse and compare the consequences of the coronacrisis on the entrepreneurship of small and medium-sized enterprises (SMEs) in Slovakia and the Czech Republic with the aim of identifying the determinants of changes...

  • Article
  • Open Access
18 Citations
3,893 Views
19 Pages

Predicting the Productivity of Municipality Workers: A Comparison of Six Machine Learning Algorithms

  • Priya Bijalwan,
  • Ashulekha Gupta,
  • Anubhav Mendiratta,
  • Amar Johri and
  • Mohammad Asif

12 January 2024

One of the most significant areas of local government in the world is the municipality sector. It provides various services to the residents and businesses in their areas, such as water supply, sewage disposal, healthcare, education, housing, and tra...

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Economies - ISSN 2227-7099Creative Common CC BY license