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Economies, Volume 12, Issue 10

2024 October - 25 articles

Cover Story: Our theoretical model establishes the conditions for a country to achieve monetary stability by allowing two freely tradable currencies to circulate in parallel. For this system to function effectively, confidence in the monetary authorities is crucial. A floating exchange rate between currencies keeps local issuers in check, ensuring their purchasing power is maintained. In stable economies, the model discourages inflationary practices aimed at raising seigniorage, as such policies displace the inflated currency. In cases like Greece or Cyprus during the Euro crisis, or in hyperinflation, our model shows that the choice of currency can restore monetary circulation and support long-term monetary stability. View this paper
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Articles (25)

  • Review
  • Open Access
11 Citations
13,294 Views
18 Pages

Well-Being and Tourism: A Systematic Literature Review

  • Chryssoula Konstantopoulou,
  • Sotirios Varelas and
  • Panagiotis Liargovas

21 October 2024

In recent decades, the concept of well-being has often been the subject of psychological studies. The current study examines how tourism relates to well-being from the perspective of tourists/visitors, through the study of the older and more recent l...

  • Article
  • Open Access
1,860 Views
19 Pages

Universal Service Regulation and Network Effects in Services of General Economic Interest in the European Union

  • Carlos Pateiro-Rodríguez,
  • Federico Martín-Bermúdez,
  • Carlos Pateiro-López and
  • Manuel Escourido-Calvo

17 October 2024

The process of the liberalisation of services of general economic interest (SGEI) in the EU adopted the universal service (US) regulatory model. The objectives of the process were to strengthen free competition and improve social welfare. SGEIs have...

  • Article
  • Open Access
2,257 Views
29 Pages

16 October 2024

Over the past four decades, China’s real estate industry has experienced rapid growth, accompanied by frequent regulatory interventions. These shifts present an ideal context for examining the characteristics of private equity placements (PEPs)...

  • Article
  • Open Access
1 Citations
2,451 Views
32 Pages

15 October 2024

Interactions between monetary and macroprudential policy are crucial in safeguarding price and financial stability. This study investigates the macroeconomic and financial impacts of monetary and macroprudential policy interactions in South Africa, a...

  • Article
  • Open Access
1 Citations
4,207 Views
22 Pages

15 October 2024

This paper studies households’ expenditure on the education of children in China’s cities to assess how internal migrant families’ investment in the human capital of their offspring differs from that of local urban families. The pri...

  • Article
  • Open Access
10,037 Views
36 Pages

9 October 2024

In this study, we elucidate the income redistribution effects of the proposal to incorporate the Bend Points mechanism of the U.S. OASDI into the Korean National Pension Scheme (BP-KNPS Proposal) through a micro-simulation analysis using individual d...

  • Article
  • Open Access
1 Citations
4,403 Views
25 Pages

8 October 2024

This study investigates the correlation between the Gini index and gross domestic product (GDP) in two of the world’s largest capitalist economies: the United States and the United Kingdom. Utilizing econometric methods, including stationarity...

  • Article
  • Open Access
4 Citations
5,103 Views
20 Pages

The Digital Edge: Skills That Matter in the European Labour Market after COVID-19

  • Viorel Țarcă,
  • Florin-Alexandru Luca and
  • Elena Țarcă

8 October 2024

Following the COVID-19 pandemic crisis, the emphasis on digitization and robotization has grown at an unprecedented rate in the global economy, resulting in significant changes to the labour market composition and increasing the value of digital skil...

  • Article
  • Open Access
1 Citations
3,084 Views
14 Pages

Dynamics of Human Fertility, Environmental Pollution, and Socio-Economic Factors in Aral Sea Basin

  • Olimjon Saidmamatov,
  • Yuldoshboy Sobirov,
  • Sardorbek Makhmudov,
  • Peter Marty,
  • Shahnoza Yusupova,
  • Ergash Ibadullaev and
  • Dilnavoz Toshnazarova

7 October 2024

One of the worst natural, economic, and social catastrophes caused by human activity is the Aral Sea crisis in Central Asia. The Aral Sea’s desiccation, which has an impact on the region’s overall sustainable development, human welfare, security, and...

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Economies - ISSN 2227-7099