We find the asymptotic distribution of the OLS estimator of the parameters β and ρ in the mixed spatial model with exogenous regressors Yn = Xnβ + ρWnYn + Vn. The exogenous regressors may be bounded or growing, like polynomial trends. The assumption about the spatial matrix Wn is appropriate for the situation when each economic agent is influenced by many others. The error term is a short-memor...

This paper explores monetary policy decision-making within an insurance model with expected utility-maximizing policy-makers. The authors consider that policy-makers are different in terms of their backgrounds, experience and skills and they may disagree on the appropriate policy response. In a monetary policy committee, they share information and decide on interest rates by means of an agreed ...

Writing research papers and books as well as publishing in scientific journals are very important in universities’ scientific promotion. They have a veto-like role in promotion procedure. Reaching high level in academic procedure is valuable, provided that scientific activities reach the highest points and, above all, can be used in solving each country’s internal problems. Here, by papers, I ...

BACKGROUND AND AIM: Perception of the need for oral healthcare plays a key role in creating motivation and demand for utilization of oral healthcare services. Furthermore, while the lack of resources, people with perceived needs to oral healthcare, due to the higher profit potential of services, will be on higher priority for services. The aim of this study was to undertake a systematic review ...