Oil-rich regions frequently fight separatist civil wars, consistent with the broader hypothesis that oil wealth diminishes prospects for civil peace. Although existing “greed” and “grievances” hypotheses highlight important attributes of oil production that may contribute to violence, we have few insights into a basic question about mechanisms: what prevents governments from strategically using...

there is no agreement among different economic schools about role of monetary policy in stabilization policy. new classic by means of rational expectations show that only unanticipated monetary policy influences upon real variables. how ever new keynsian by means of rational expectations shows that anticipated monetary policy influences real ariables too. the present article investigates above ...

The volatility in crude oil price the global market has continuously heightened fiscal deficits Nigeria, a net exporter of oil. Consequently, successive governments have often resorted to external borrowing augment available revenue. This implications for economic growth. Therefore, this study evaluated growth effect debt and accounted structural break debt-growth nexus Nigeria. Annual data spa...

In this paper we consider a single inventory (newsboy) problem in which the vendor has a limited amount of funds to purchase items to sell. We assume that the manufacturer will either sell the items to the vendor outright or offer the items to the vendor on a revenue sharing (consignment) basis. In the latter case, that amount of money the vendor pays per unit is less than if the items are purc...

Several political and economic factors are involved in choosing exchange rate policy in Organization of Islamic Cooperation (OIC) countries. In the present study, these factors  have been investigated with an emphasis on OCA and political economic factors during 1990 -2014. The result shows that OCA and political economic factors as well as tradable sector are influential on exchange rate poli...

revenue management is the process of accepting or ordering which increases gained revenue by using different techniques of pricing and selling capacity. this technique has improved greatly in service sector specially passenger section. in this article, the process of selling ticket in tehran-mashhad route for ghazal passenger train is modeled by two methods: static multi class and heuristic ems...

Sports leagues constitute one of the few examples of legally operating cartels. In this paper I examine how gate revenue sharing may serve to coordinate talent investments within these cartels. I show that sharing revenues has the potential to raise cartel profits, because it decreases the incentive to invest in playing talent. Leagues consisting of teams with heterogeneous local markets should...

the purpose of this paper is to examine the effects of monetary, fiscal and oil revenue shocks on macroeconomic variables in the framework of rule and discretionary monetary policy. to end this, we use a new keynesian dynamic stochastic general equilibrium (dsge) model. given the dominant role of oil in the country, we consider the role of oil shock in the model through different channels. the ...