Journal of World Economic Research

Volume 3, Issue 5, October 2014

  • Conceptual Exposition of the Effect of Inflation on Bank Performance

    Mohammed Umar, Danjuma Maijama’a, Mohammad Adamu

    Issue: Volume 3, Issue 5, October 2014
    Pages: 55-59
    Received: 27 October 2014
    Accepted: 7 November 2014
    Published: 20 November 2014
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    Abstract: Despite the fact that, banks can withstand the effects of inflation in the short run, since banking system mostly operates with reference to interest rate and maturity of financial instruments with less concern about the purchasing power of money. However, the banking system cannot absorb the shocks in the long run. The objective of this paper is t... Show More
  • The Economics of Education in Adam Smith’s “Wealth of Nations”

    Stefano Spalletti

    Issue: Volume 3, Issue 5, October 2014
    Pages: 60-64
    Received: 31 October 2014
    Accepted: 11 November 2014
    Published: 20 November 2014
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    Abstract: In “intellectual history” perspective, Adam Smith was able to find out the idea of human capital especially from microeconomic point of view. The result originates thanks to a rudimentary use of the category of the human capital. However, on the basis of other premises this essay attempts also to bring to the fore that the results of Smith’s reflec... Show More