This paper investigates the determinants of economic growth from both a theoretical and an empirical perspective. The combines supermultiplier model with Neo-Schumpeterian framework that emphasises entrepreneurial role state. We aim to detect macroeconomic effect generated by alternative fiscal policies: generic ones more directed ‘mission-oriented’ ones. Using SVAR for US economy 1947–2018 per...

The weight of the evidence indicates that unconventional monetary policy (UMP) shocks had persistent effects on yields. To make this point, paper illustrates most influential SVAR model UMP effects, which implies transient exhibits structural instability, sensitivity to specification and single observations render conclusions unreliable. Restricted models limit asset return predictability are m...

The immune system is composed of a complex network of different cell types protecting the body against various possible threats. Among these cells are T-helper (Th) cells type 1 (Th1) and type 2 (Th2), as well as T regulatory (Treg) cells. Th1 and Th2 are supposed to be in balance with each other, while Tregs regulate the immune response, by halting it when the desired effect, i.e. destroying t...