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The present work analyzes the effects of goods and capital market integration on welfare. In an imperfectly competitive industry with unionized labor, openness to competition via exports, the possibility of holding minority stakes into a rival company and undertaking Greenfield Foreign Direct Investment (FDI) exemplify product and capital market liberalization, respectively. Challenging the “lieu commune” that liberalization a priori improves the social welfare of an economy, making use of a game-theoretic approach, it is shown that a domestic government should design the appropriate interventions in product and capital markets depending on the precise pattern of economic integration.
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The reception and labor market integration of refugees is one of the most pressing and important issues facing Europe today. The recent influx of asylum seekers also makes it one of the most contentious and hotly debated issues of our time. However, there is only a limited body of research looking at how refugees are faring in the European labor markets ( Bakker et al. 2016 ; Bevelander and Pendakur 2014 ; Bratsberg et al. 2017 ; Fasani et al. 2017 ; Luik et al. 2016 ; Rea et al. 2014 ; Ruiz and Vargas-Silva 2017 , 2018; Sarvimäki 2017
Bulletin Journal of Mathematics , in press
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Foreign trade fosters not only companies but national economies to maximize their gains for the benefit of a better living standard. In developing countries, such as Belarus, the volume of foreign trade depends on the path of liberalization and integration into the trade with the EU. This paper analyzes foreign trade and economic relations between the EU, Lithuania and Belarus.
Let Wβδ(α,γ) be the class of normalized analytic functions f defined in the region |z| < 1 and satisfying
Re eiθ((1-α+2γ)(f/z)δ + (α-3γ+γ[(1-1/δ)(zf′/f) + 1/δ(1+zf″/f′)])(f/z)δ(zf′/f)-β)>0,
with the conditions α ≤ 0, β < 1, γ ≤ 0, δ > 0 φ ∈ ℝ. For a non-negative and real- valued integrable function λ(t) with ∫01 λ(t)dt = 1, the generalized non-linear integral transform is defined as
Vλδ(f)(z) = (∫01λ(t)(f(tz)/t)δdt)1/δ.
The main aim of the present work is to find conditions on the related parameters such that Vλδ(f)(z) ∈ Wβ1δ1(α1,γ1) whenever f ∈ Wβ2δ2(α2,γ2). Further, several interesting applications for specific choices of λ(t) are discussed.