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Economies, Volume 10, Issue 12

December 2022 - 36 articles

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Cover Story: This study aims to evaluate the impact of major and minor changes in the Euro Zone and US interest rates on the EUR/USD exchange rate between 1 January 1999 and 31 December 2020. Therefore, twelve events are analyzed in this period, five related to changes in the US interest rate, six related to changes in the European interest rate, and finally, a single event in which both interest rates undergo an equal variation on the same date. The event study methodology was used, which, through the calculation of abnormal returns, makes it possible to evaluate whether there was a repercussion of the events on the value of the EUR/USD exchange rate. This methodology is used in several studies related to capital markets. View this paper

Articles (36)

  • Article
  • Open Access
3 Citations
3,900 Views
20 Pages

Founder and Descendant vs. Professional CEO: Does CEO Overconfidence Affect Tax Avoidance in the Indonesia Case?

  • Paulina Sutrisno,
  • Sidharta Utama,
  • Ancella Anitawati Hermawan and
  • Eliza Fatima

19 December 2022

This study aims to test whether the founder or descendants of CEOs have differences from professional CEOs in influencing the relationship between CEO overconfidence and tax avoidance. Overconfident CEOs have strong incentives to avoid taxes. However...

  • Article
  • Open Access
6 Citations
9,037 Views
23 Pages

18 December 2022

The article analyzes how economic theory usually investigates corruption. It describes the main traditional economic theories dealing with this issue—principal-agent theory (agency theory) and rent-seeking theory—and it emphasizes that bo...

  • Article
  • Open Access
3 Citations
2,376 Views
19 Pages

16 December 2022

This article proposes a neoclassical stock market portfolio based on the principles of dynamic response and constant adaptation to the market. The construction of a neoclassical investment portfolio begins with the conceptual development of an adapti...

  • Article
  • Open Access
5 Citations
20,039 Views
16 Pages

Impact of Import Substitution Policy on Economic Growth

  • Askar Nailevich Mustafin,
  • Svetlana Nikolaevna Kotenkova,
  • Ivana Kravčáková Vozárová and
  • Rastislav Kotulič

15 December 2022

This paper highlights the issues of import substitution in the context of attaining total macro-economic balance, market adaptation, and achieving new levels of regional economic development as a constituent part of the national economy of the Russia...

  • Article
  • Open Access
13 Citations
12,916 Views
13 Pages

The Impact of Local Government Capacity on Public Service Delivery: Lessons Learned from Decentralized Indonesia

  • Arif Setiawan,
  • Prijono Tjiptoherijanto,
  • Benedictus Raksaka Mahi and
  • Khoirunurrofik Khoirunurrofik

14 December 2022

The issue of poor local government capacity has been considered one of the problems impeding the implementation of decentralization, especially in developing countries. This study addresses this issue in the case of Indonesia, a country that has impl...

  • Article
  • Open Access
1 Citations
5,486 Views
21 Pages

An Examination of Ticket Pricing in a Multidisciplinary Sports Mega-Event

  • Francesc Solanellas,
  • Joshua Muñoz and
  • Josep Petchamé

14 December 2022

Some studies have examined ticket sales in the context of a sporting event. However, only a few have investigated the determinants of ticket prices, and, to date, none have done so in the context of a multidisciplinary sports mega-event. This study e...

  • Article
  • Open Access
2 Citations
3,463 Views
23 Pages

13 December 2022

In recent decades, China has experienced rapid economic growth and rising health inequality. The government has introduced a nationwide health care reform aimed at achieving affordable and equitable basic health care for all. This paper investigates...

  • Article
  • Open Access
11 Citations
3,319 Views
20 Pages

12 December 2022

Pujon Kidul and Bangelan villages (Indonesia) are two tourist villages that have succeeded in developing agricultural potential associated with tourism activities. The characteristics of Pujon Kidul Village and Bangelan Village refer to the tourism a...

  • Article
  • Open Access
4 Citations
5,041 Views
22 Pages

12 December 2022

The large and persistent wage gap between the Bangkok Metropolitan Region and its peripheries remains a major concern for policymakers and civil society. Theoretically, these regional disparities exist due to differences in workforce skills and the l...

  • Article
  • Open Access
4 Citations
4,035 Views
17 Pages

12 December 2022

The South African poultry industry plays an important food security contributory role, hence, consumer and producer interests ought to be accounted for in order to maintain the long term value of the industry in the presence of import competition. Th...

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