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Federal budget authority for research and development (R&D) rose in Fiscal Year (FY) 2016, the third straight year of current dollar increases, according to a new report from the National Ce...
This panel discussion focuses on two defining features of the new economy: (1) a change in trend productivity growth, and (2) a change in cyclical volatility. No one knows for sure how long either f...
“Global governance” has become a new household word in the twenty-first century international relations. The somewhat sudden surge of the use of, and the interest in, the term has derived from the im...
Since 1980s, China has made great performance at economic growth, and greatly improved its innovation level. As one of the most important aspect of emerging technology industry, biotechnology industry...
The observation of power laws in the time to extrema of volatility, volume and intertrade times, from milliseconds to years, are shown to result straight- forwardly from the selection of biased stati...
The primary impact of meta-trends, such as climate change, for the finance industry, translates to investment, underwriting and the role of financing in the sustainability of communities and industrie...
The impact of meta-trends such as climate change and freshwater access on the real estate development industry will likely translate not only to shifts in the profile of 'high-demand' geographies, but...
Empirical evidence is given for a significant difference in the collective trend of the share prices during the stock index rising and falling periods. Data on the Dow Jones Industrial Average and its...
Several studies have established the predictive power of the yield curve in terms of real economic activity. In this paper we use data for a variety of E.U. countries: both EMU (Germany, France, Italy...
Based on our ”finance-prediction-oriented” methodology which involves such elements as log-periodic self-similarity, the universal preferred scaling factor   2, and allows a phenomenon of the ”super...
When Stockholms Enskilda Bank hired two women in 1864, it was presumably the first bank in the world to do so. The fashion of hiring women gradually spread, and bank telling became femaledominated.We ...
Dickey and Fuller proposed tests for the unit root hypotheses in a uni-variate time series. Perron (1989) extended the t-ratio type unit-root tests so that they allow for a break in the deterministic...
Emerging market business cycles exhibit strongly countercyclical current accounts, consumption volatility that exceeds income volatility, and “sudden stops” in capital inflows. These features co...
This paper deals with the analysis of the trends in costs and revenues of selected agricultural products grown and bred under the conditions of organic agriculture. The analysis of the trends in reve...

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