Abstract The aim of this paper is to contribute to the debate on integration of Muslim immigrants into the European societies. Censuses 1 indicate a continuous growth of Muslims in member states of the European Union (EU) since the 1960s. 2 In some of the member states of the EU, Muslims make up more than five percent of the population, and this number is expected to grow in the coming decades, depending mostly on how much immigration into the EU will be allowed. Since 2011 the EU has been facing the biggest influx of migrants in its history. Reasonably, accepting and integrating such a large number of people in its societies became a great challenge for many EU member states. It has become clear that the integration programmes within the EU member states are outdated and that new migration policies, as well as practices will have to be adopted and developed.
Purpose The purpose of this study is to assess the symmetric and asymmetric impact of a measure of policy uncertainty on house permits issued in each state of the USA. Design/methodology/approach To assess the symmetric effects, the authors use Pesaran et al.’s (2001) linear autoregressive distributed lag (ARDL) approach to error-correction modeling. To assess the asymmetric effects, they rely upon Shin et al.’s (2014) nonlinear ARDL approach to error-correction modeling. Both approaches have the advantage of producing short-run and long-run effects in one step. Findings The authors find short-run symmetric effects of policy uncertainty on house permits issued in 22 states that lasted into the long run in three states only. However, the numbers were much higher when they estimated the possibility of asymmetric effects of policy uncertainty. Indeed, they found short-run asymmetric effects in 38 states and long-run asymmetric effects in 18 states. Originality/value Some previous studies assessed the effects of a measure of policy uncertainty on house prices. In this paper, the authors extend the same analysis to the supply side of the housing market by assessing the effects of policy uncertainty on house permits in each state of the USA.
Mars is the first extraterrestrial planet with seismometers (Seismic Experiment for Interior Structure, SEIS) deployed directly on its surface in the framework of the Interior Exploration using Seismic Investigations, Geodesy and Heat Transport (InSight) mission. The lack of strong Marsquakes, however, strengthens the need of seismic noise studies to additionally constrain the Martian structure. Seismic noise autocorrelations of single‐station recordings permit the determination of the zero‐offset reflection response underneath SEIS. We present a new autocorrelation study which employs state‐of‐the‐art approaches to determine a robust reflection response by avoiding bias from aseismic signals which are recorded together with seismic waves due to unfavorable deployment and environmental conditions. Data selection and segmentation is performed in a data‐adaptive manner which takes the data root‐mean‐square amplitude variability into account. We further use the amplitude‐unbiased phase cross‐correlation and work in the 1.2–8.9 Hz frequency band. The main target are crustal scale reflections, their robustness and convergence. The strongest signal appears at 10.6 s, and, if interpreted as a P‐wave reflection, would correspond to a discontinuity at about 21 km depth. This signal is a likely candidate for a reflection from the base of the Martian crust due to its strength, polarity, and stability. Additionally we identify, among the stable signals, a signal at about 6.15 s that can be interpreted as the P‐wave reflection from the mid‐crust at about 9.5 km depth.
The paper addresses and evaluates the currency boards’ policy and assesses whether the economic development of Bosnia and Herzegovina is the function of currency boards, as a form of monetary policy. In this context, a hypothesis that the currency boards provides the foundation for growth and development of a transition economy is being put to the test. To test the hypothesis, the paper compares the movement of economic growth indicators (gross domestic product) among the countries of South Eastern Europe with the primary focus on Bosnia and Herzegovina. By comparing the obtained results, as well as by applying the correlation and regression analysis, by means of simple linear regression, it is proven that the currency boards do not represent an obstacle to economic growth, but is the basis for establishing the stability of the economy and the basis for sustainable growth and development able to adequately respond to shocks.
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