https://www.um.edu.mt/library/oar/handle/123456789/69582 Sat, 11 Apr 2026 01:30:26 GMT 2026-04-11T01:30:26Z https://www.um.edu.mt/library/oar/handle/123456789/70608 Title: Cross country evidence on consumption persistence Authors: Belbute, J. M.; Caleiro, A. B. Abstract: The main focus of this article is the detection and measurement of the level of persistence in aggregate and disaggregate private consumption in Italy, Norway and the United Kingdom. Using a non-parametric methodology, we conclude that the presence of a significant degree of persistence in aggregate and disaggregate consumption in those three countries cannot be rejected. These results are essential from a policy point of view. Persistence in consumption does exist and cannot be ignored, whether the goal is to stabilize the level of output via consumption or to boost output via long-lasting increases in consumption. One instrument that might be useful in addressing this issue is interest rates. Tue, 01 Jan 2013 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/70608 2013-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/70607 Title: Corporate social responsibility in Greece : the COCO-MAT SA case study Authors: Nagopoulos, Nicholas; Rontos, Kostas; Pantazidou, Christina Abstract: In recent years, companies have increased the role of Corporate Social Responsibility in their activities. Progressively an increasing number of companies show to be concerned about their performance on this subject and about reaching their objectives involving CSR. The eeffectiveness of investment ventures does not contradict social welfare and inclusively enlarges the importance of the concept of collective profit. In this way, CSR has also become part of the same strategic business planning. Companies shall have self-regulating mechanisms to monitor responsibilities and to guarantee that ethical standards and international norms are assured. In this paper the case of COCO-MAT, SA (Greece) is studied, working on the concept of CSR and dealing with the purpose of getting a positive impact on areas such as environment, consumers, employees or communities. Tue, 01 Jan 2013 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/70607 2013-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/70606 Title: Modelling enforcement and compliance in fisheries : a survey Authors: Coelho, Manuel; Filipe, José António; Ferreira, Manuel Alberto M. Abstract: Monitoring and enforcement considerations have been largely ignored in the study of fishery management. This paper discusses this issue with a formal model to show the impacts of costly, imperfect enforcement of law on the behaviour of fishing firms and fisheries management. Theoretical analysis combines a standard bio-economic model of fisheries (Gordon/Schaefer) with Becker’s theory of Crime and Punishment. Tue, 01 Jan 2013 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/70606 2013-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/70605 Title: Outward U.S. foreign direct investment performance during recent financial crises Authors: Kornecki, Lucyna Abstract: Foreign direct investment (FDI) plays an extraordinary and growing role in the global markets and represents an integral part of the U.S. economy. This research has descriptive character and focuses on the latest trends in outward United States foreign direct investment (US FDI) illustrating the impact of the recent financial crises on FDI performance. The study analyzes the outward US FDI stock contribution to the global FDI stock and its performance during the last decade including geographical and sectorial distribution. The next paragraph focuses on outward US FDI corporate players ranking MNC’s by revenue and foreign assets. The essential part of this research relates to outward US FDI employment and financial performance, which includes: equity, reinvested earnings and intercompany debt. This study constitutes a base for the further exploration of the importance of outward US FDI in the global markets and in the U.S. economy. The goal of this research is to illustrate the impact of current financial crises on outward US FDI performance. The basic statistics related to outward US FDI flow and stock come from the UNCTAD’s FDI/TNC and from the Bureau of Economic Analysis (BEA), a section of the U.S. Department of Commerce. Tue, 01 Jan 2013 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/70605 2013-01-01T00:00:00Z