Published in Annals of the Alexandru Ioan Cuza University - Economics
Economy of the Czech Republic, just like the country’s ICT sector, underwent significant changes after 1990. The fall of socialism and transition to market economy had significant impact on development of ICT sector and its competitiveness. In the article, we analyze practical requirements in the field of strategic knowledge demanded from Chief Inf...
Published in Annals of the Alexandru Ioan Cuza University - Economics
In this study, we analyse the factors that have led to the fall of real interest rates on the long term. We show that this tendency, i.e. the fall in real interest rates, which began three decades ago in developed countries is well explained by the emergence and growth of the global saving glut. We formulate the hypothesis according to which the in...
Published in Annals of the Alexandru Ioan Cuza University - Economics
The concept of segmentation strategy of targeted emissive market is a usable starting point for efficient managing of promotion of receptive tourist destination. Growth in number of competing Mediterranean countries receptive tourist offers, conditions the need for the segmentation of specific emissive markets within the scope of the adjustment in ...
Published in Annals of the Alexandru Ioan Cuza University - Economics
The purpose of this study was to identify the efficient European healthcare systems. The study differs from other similar researches in that it uses different variables in assessing the efficiency of the healthcare systems, and also in that it uses a two-stage approach in the analysis. In order to identify the efficient healthcare systems, we used ...
Published in Annals of the Alexandru Ioan Cuza University - Economics
In 2008 the European Central Bank added a new quantitative policy strategy to its traditional control of the interest rates. This new policy, sometimes called “enhanced credit support”, consists of fully satisfying the demand for liquidity of banks, with the European Central Bank deciding only the timing and characteristics of its interventions. Th...
Published in Annals of the Alexandru Ioan Cuza University - Economics
The relationship between unemployment and economic growth is known as Okun´s Law. Okun´s Law is used to estimate the reaction of unemployment rate on change in GDP growth. The purpose of this paper is therefore to examine the possibly asymmetric relationship between changes in output and gender specific unemployment rates by estimating Okun´s coeff...
Published in Annals of the Alexandru Ioan Cuza University - Economics
In this paper we perform an analysis of a capped reverse bonus certificate, the value of which is derived from the value of an underlying asset. A pricing formula for the portfolio replication method is applied to price the capped reverse bonus certificate. A replicating portfolio has profit that is identical to profit from a combination of positio...
Published in Annals of the Alexandru Ioan Cuza University - Economics
This paper examines the role of preferences and technological differences between two countries in determining dynamics of global wealth and pattern of trade in a reformed H-O model of international trade. The paper builds a trade model with endogenous wealth accumulation and labor and capital distribution between sectors and between countries unde...
Published in Annals of the Alexandru Ioan Cuza University - Economics
The paper presents the development of 5-point Likert scale for measuring attitudes towards cause-related marketing, as well as its application on a sample of Croatian consumers. The results of the research show that respondents are familiar with cause-related marketing and regard it as a good investment in the community. They see cause-related mark...
Published in Annals of the Alexandru Ioan Cuza University - Economics
Resource allocation in a project portfolio is a complex decision-making process that is influenced by multiple and very often conflicting objectives. Furthermore, companies are coming under strong social pressure to integrate elements of sustainability into their decision-making process, which makes this process even more complex. Nowadays, the con...
