Economics

Volume 8, Issue 2, June 2019

  • Gender, Education and Poverty in DR Congo: A Microeconomic Analysis Based on the Oaxaca-Blinder Decomposition

    Dieu-Merci Akonkwa Nyamuhirwa

    Issue: Volume 8, Issue 2, June 2019
    Pages: 44-48
    Received: 9 January 2019
    Accepted: 13 February 2019
    Published: 29 April 2019
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    Abstract: This paper analyzes gender, education and poverty in DRC through a Blinder-Oaxaca decomposition approach. The latter was needed in this study to judge the difference in level of consumption expenditure per adult equivalent per day depending on whether the household is headed by a man or a woman. Preliminary results based on the regression of the va... Show More
  • About the Profits of an Entrepreneur in the Cost Approach

    Sergey Viktorovich Gribovsky

    Issue: Volume 8, Issue 2, June 2019
    Pages: 49-54
    Received: 18 March 2019
    Accepted: 22 April 2019
    Published: 15 May 2019
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    Abstract: The article is devoted to one of the debatable problems of the theory and practice of valuation - the calculating of the profit of an entrepreneur in the cost approach to real estate valuation. Discusses the interpretation of the entrepreneur profit as a fair reward for the investor for the risk of investment in the creation of the property and its... Show More
  • Socioeconomic Determinants of Food Insecurity Among Rural Households in Wolaita Zone, Southern Ethiopia

    Ermias Ganamo Gazuma, Ayana Anteneh Astatike

    Issue: Volume 8, Issue 2, June 2019
    Pages: 55-61
    Received: 30 April 2019
    Accepted: 2 June 2019
    Published: 17 June 2019
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    Abstract: The major aim of this study was to assess the socioeconomic determinants of food insecurity among rural households in Wolaita Zone, Southern Ethiopia. Data for the study was obtained from 168 randomly selected rural households by using an interview schedule. To select sample respondents, the multi-stage sampling technique was used. The Foster-Greer... Show More
  • Business Cycle Synchronization and Optimum Currency Areas: The Case of the Economic Community of West African States

    Louis Sevitenyi Nkwatoh

    Issue: Volume 8, Issue 2, June 2019
    Pages: 62-72
    Received: 7 March 2019
    Accepted: 22 April 2019
    Published: 8 July 2019
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    Abstract: This study analyzed the degree of business cycles’ synchronization of ECOWAS economies in order to ascertain whether the formation of a broader monetary union in 2020 will be beneficial to the entire region. Annual real GDP growth rate from 1975 to 2015 was de-trended using the Hodrick-Prescott filter (HP) filter to obtain two components- permanent... Show More
  • Asymmetry of Long-Short Cost in Derivatives Market, Heterogeneous Beliefs and Stock Price Crash: A Theoretical Model

    Yiming Ma, Juncheng Li, Yaguang Li, Ke Gao

    Issue: Volume 8, Issue 2, June 2019
    Pages: 73-87
    Received: 17 May 2019
    Published: 29 July 2019
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    Abstract: In this paper, we construct a four-period-double-market model in this paper. By including the stock market with short selling restrictions and the derivative market without short selling restrictions but with long-short costs in the model, we study the relationship between the asymmetry of long-short cost in derivative market, investors' heterogene... Show More