We propose an extension of the incomplete markets general equilibrium model with production to situations in which firms can default (bankruptcy). In model, are owned by a single individual whose roles as entrepreneur and consumer anonymous. Assets exogenously collateralised seized together future output case default. Default is thus endogenous determines deliveries from assets issued. turn, re...

Financial literacy of investors reduces uncertainty on future decisions and increases predictability of investment policies in financial markets. Thus, the lack of clear information on financial markets is a determining factor in the arrival of domestic and foreign capitals and their quick exit in case of crisis. The lack of transparency and basic knowledge on decisions and failure to provide r...

In this article we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature, and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the extent to which a competitive market provides i...

In Europe, informal caregiving is frequent and is expected to grow. Caregiving has an impact on caregivers' health, but its effect may vary according to the policies of support that are available to caregivers. The aim of this study was to assess the association between the policies of support to caregivers available in 12 European countries and the health of caregivers, considering separately ...

The objective of the paper is to seek how financial growth affects economic growth in Turkey in the flourishing world. The financial market is changed and developed very rapidly in the last decade. Moreover the change of financial market has also been brought some innovations and new policies. So this study examines whether financial development leads to economic growth in Turkey. The main elem...

social entrepreneurship will create innovative solutions to solve critical social problems and mobilize the ideas, capacities, resources and social regulations needed for social changes. development of social entrepreneurship will undoubtedly play an important role in economic development, but because of social challenges that entrepreneurs have to cope with, it needs regulatory policies. revie...

BACKGROUND Financial relationships between organizations that produce clinical practice guidelines and biomedical companies are vulnerable to conflicts of interest. We sought to determine whether organizations that produce clinical practice guidelines have financial relationships with biomedical companies and whether there are associations between organizations' conflict of interest policies an...