Balkan Migration Crises and Beyond

Balkan International Migration in the 1990s

Migration: Ravenstein, Thorntwaite, and Beyond

It is now over one hundred years since Ravenstein published his "Laws of Migration". How have these laws fared? His paper also includes a map of "Currents of Migration", not mentioned in the text. Thornthwaite also compared migration to currents, but did not follow through with this analogy. Others have used similar terminology. More recent migration studies may yield new laws. RAVENSTEIN'S LAW...

Financial Crises and Political Crises∗

The simultaneous determination of financial default and political crises is studied in an open economy model. Political crises accompany default in equilibrium because of an information transmission conflict between the government and the public. Multiple equilibria are possible: if foreign lenders are pessimistic about the country’s stability, they demand a high interest on the debt, exacerbat...

Current Status and Research Beyond Year 2010 in Balkan Endemic Nephropathy

In the first issue of BANTAO J, in 2003, I have presented the current research in Balkan endemic nephropathy (BEN) and associated upper urothelial tumors (UUT). As I stated in that paper, etiology remains the main problem for research in BEN [1]. Research of BEN in the nineties was hampered by the turmoil in the Balkans, especially in the former Yugoslavia. The Program Committee of the Interaca...

Appendix to "Financial Crises and Political Crises"

PBE Type i: Neither default nor political crisis If V ≤ χL, the costs of default are always larger than the costs of servicing the debt even for the benevolent government. Then in equilibrium, the government proposes to service the debt, which is accepted by the representative agent. Hence the debt is repaid and political crisis is avoided. Neither the benevolent government nor the self interes...