Abstract Financial crises and currency instabilities within developing and emerging economies during the last decade had a tremendous impact on the economic performance and increased vulnerability of economies against domestic and foreign shocks. The timing of capital liberalization is one of the significant debates among other issues related to currency instability, and it would be more conven...

The paper retrospectively analyses the issue of impact international trade on developed countries’ labour markets in 1990s, when majority academic opinion denied role misfortunes unskilled workers. An analytical framework is proposed which intra-industry explained terms factor endowments and intensities goods. Unlike traditional Heckscher–Ohlin model inter-industry trade, suggested here more co...

We explore the consequences of placing the Standard Model gauge fields in the bulk of the recently proposed localized gravity model of Randall and Sundrum. We find that the Kaluza Klein excitations of these fields are necessarily strongly coupled and we demonstrate that current precision electroweak data constrain the lowest states to lie above ' 23 TeV. Taking the weak scale to be ∼ 1 TeV, the...

A new gravity model with the function F (R) = (1/β) arctan (βR− βR) instead of the Ricci scalar in the Einstein–Hilbert action, describing inflation of the Universe, is suggested and analyzed. We obtain constant curvature solutions of the model in the Jordan frame. Performing the conformal transformation of the metric, the potential and the mass of a scalar degree of freedom in the Einstein fra...