Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Global problems of the economy and finances: abstracts of the II International scientific and practical conference (Kyiv-Prague-Vienna, May 28, 2015).

Annotation: The goal of the article is to explore the existing legislation in the area of revenue administration, to consider the powers of the chief administrators (administrators) of budget revenues, and to identify actual problems of administration.

Key words: Federal budget, revenues of the budget, monitoring and control, administrator of budget revenues, Federal tax service

Annotation: The practical significance of the article is to assess the consequences of reforming the property taxation of individuals in Russia.

Key words: tax on personal property; tax rate; tax; taxpayers; object of taxation; the tax base, cadastral valuation, inventory valuation

It is investigated the organization of information-analytical activities to provide financial and economic security of the bank.

Key words: information, information resource, information and analytical work, information audit, information monitoring.

У статті розглядається сутність категорії заощадження домогосподарств в історичній ретроспективі та фактори що на них впливають.

Ключові слова: доходи, заощадження, інвестиційні ресурси,  домогосподарство, ринок інвестицій.

The article deals with the need to restructure enterprises in a crisis under the influence of the environment and economic policy. The main focus of the restructuring should be the formation of integrated business units to ensure the efficient enterprise activities

Keywords: restructuring, competitiveness, food enterprises, bakery industry.

Abstract

This research examines the long run and short run dynamics among oil prices, interest rates and stock prices in Iran over the most recent 15-year period 1999-2014. Using Johansen’s Co integration test we find the existence of long run equilibrium relationship between oil market and capital market in Iran. The short-term dynamics between the two markets are analyzed using Auto regression, VAR causality. We find unidirectional causality from capital market to oil market. The domino impact of up-waves in capital market is positive for oil market and remains statistically significant for few weeks, while being of opposite tendency in foreign interest rate. These results have wider implications for market integration, policy makers and analysts at large.  Since these markets are integrated rather than segmented, from the perspective of investments, risk reduction cannot be achieved in the long run by holding assets from these markets in the same portfolio. However, diversification opportunities are not ruled out in the short run.

Keywords: Oil prices, interest rate, market integration, causal relationship, Co integration, Vector auto regression.