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Snorre Lindset and Knut Anton Mork
In an economy with a sovereign wealth fund (SWF), the government may draw on the fund to supplement other government revenues. If the fund is invested in risky assets, this introduces a new stochastic element into the government?s budget. We analyze the ...
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Mohamed Mabrouki
Pág. 57 - 75
Patent policy aims not only to protect industrial property, but also to create incentives for innovation and thus to encourage companies to invest more in research and development. This policy should not consider excessive protection and should not const...
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Esther Barros-Campello, Carlos Pateiro-Rodríguez, J. Venancio Salcines-Cristal, Carlos Pateiro-López
Pág. 97 - 124
In this paper, we discuss the management of monetary policy of the Latin American central banks that have fully established inflation targeting. An optimal monetary rule is estimated for these economies using the Generalized Method of Moments. This analy...
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Rami Obeid,Mohammad Adeinat
Pág. 515 - 525
This study aimed at measuring the factors that affect the Net Interest Margin (NIM) in the commercial banks operating in Jordan using the data on annual frequency for 19 commercial banks covering the study period (2005-2015) (panel data). Econometric mod...
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Mahdi Seyedkazemi, Mohsen Zayandehroodi, Abdolmajid Jalaee
Pág. 96 - 118
The optimal combination of the government current and capital expenditures is very important from the aspect of influencing on the optimal economic growth, so that lack of attention to the type of government spending leads to inefficiency of the governme...
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