In this paper, we study and predict the economic indebtedness for the autonomic of Spain. In turn, we use model of neural network. In this study, we assess the feasibility of the Time-Delay neural network as an alternative to these classical forecasting models. This neural network permits accumulate more values of pass and a best prediction of the future. We show the MSE assignment to check the...

Much publicity has been given to the fact that people's economic decisions often deviate from the rational predictions of standard economic models. In the classic ultimatum game, for example, most people turn down financial gains by rejecting unequal monetary splits. The present study points to neglected individual differences in this debate. After participants played the ultimatum game we test...

That RTD (Research and Technological Development) expenditure is related to social and economic development is widely acknowledged. At first sight, this relation could be traced as follows: “Expenditure in basic research produces discoveries used by applied research to conceive new products or new processes which generate positive social and economic impacts in the mid-long term” (STOA, 1999). ...

This article outlines a food security synthesis: that food insecurity traces to poverty, that poverty must be addressed by economic development, and that economic development flows from application of the standard model which is now mainstream economics. Food insecure countries do not follow the standard model; their policies for agriculture and other sectors deter development. Why don’t they f...

This paper deals with the effects of EMU enlargement (European Economic and Monetary Union) by evaluating the economic efficiency of growth policies of the 25 member countries. By using Data Envelopment Window Analysis the paper measures the policies adopted initiating economic growth of the 25 EU members for the time period of 1995–2005. Different factors reflecting countries’ investment polic...

Does international financial integration boost economic growth? The empirical literature has not yet established a robust link between openness to the international capital market and economic growth. In this paper we turn to the economic history of the first era of financial globalization (1880-1914) for new insights. Using identical empirical models and techniques as contemporary studies, we ...

This essay introduces a symposium on value and exchange as alternative organizing concepts for the pursuit of economic theorizing. These concepts pertain to two distinct conceptual windows though which economic phenomena can be examined. The immediate inspiration for this symposium was Meir Kohn’s (2004) articulation of the distinction, a distinction that in turn was central to James Buchanan’s...

Health, nutrition and population policies play a fundamental role in economic and human development and poverty alleviation. Better health outcomes of individuals and populations can contribute to economic growth, which in turn can contribute to better health and again have a positive impact on economic growth, and so on. The ultimate objective of World Bank work in Health, Nutrition and Popula...