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Background: In today’s dynamic environment, electronic banking and electronic commerce have become an inevitable aspect of financial services, so the question of acceptance and use of this kind of technology arises. Objectives: The aim of this research is to determine whether the motivation for using the Internet banking in the city of Split, Croatia, can be explained by perceived ease of use and perceived usefulness as the main elements of the technology acceptance model. Methods/Approach: For the purposes of the research, a survey analysis was applied to the sample of 282 working residents of Split. The gender and age structure of the sample was harmonized with the population to make the results more credible. In order to test the research hypothesis, logistic regression models were used. Results: The results confirmed that both elements of the technology acceptance model significantly influence the acceptance of the Internet banking in the city of Split. Conclusions: It is concluded that demographic and economic characteristics and perception of individuals affect the acceptance and use of the Internet banking in the city of Split. The results showed that both elements of the technology acceptance model influence the acceptance of the Internet banking.

Background: In today’s dynamic environment, electronic banking and electronic commerce have become an inevitable aspect of financial services, so the question of acceptance and use of this kind of technology arises. Objectives: The aim of this research is to determine whether the motivation for using the Internet banking in the city of Split, Croatia, can be explained by perceived ease of use and perceived usefulness as the main elements of the technology acceptance model. Methods/Approach: For the purposes of the research, a survey analysis was applied to the sample of 282 working residents of Split. The gender and age structure of the sample was harmonized with the population to make the results more credible. In order to test the research hypothesis, logistic regression models were used. Results: The results confirmed that both elements of the technology acceptance model significantly influence the acceptance of the Internet banking in the city of Split. Conclusions: It is concluded that demographic and economic characteristics and perception of individuals affect the acceptance and use of the Internet banking in the city of Split. The results showed that both elements of the technology acceptance model influence the acceptance of the Internet banking.

Background: In today’s dynamic environment, electronic banking and electronic commerce have become an inevitable aspect of financial services, so the question of acceptance and use of this kind of technology arises. Objectives: The aim of this research is to determine whether the motivation for using the Internet banking in the city of Split, Croatia, can be explained by perceived ease of use and perceived usefulness as the main elements of the technology acceptance model. Methods/Approach: For the purposes of the research, a survey analysis was applied to the sample of 282 working residents of Split. The gender and age structure of the sample was harmonized with the population to make the results more credible. In order to test the research hypothesis, logistic regression models were used. Results: The results confirmed that both elements of the technology acceptance model significantly influence the acceptance of the Internet banking in the city of Split. Conclusions: It is concluded that demographic and economic characteristics and perception of individuals affect the acceptance and use of the Internet banking in the city of Split. The results showed that both elements of the technology acceptance model influence the acceptance of the Internet banking.

While extant research on the impacts of smoke-free legislation on hospitality employees and industries has centered on developed countries, the research on the effects of smoking bans in transition countries has received very little attention. Hoping to assist in filling this void, this research empirically explores the relationships among restaurant employees’ attitudes, demographics, work-related variables (WRV), and job satisfaction after the introduction of a smoke-free legislation in one transition economy, i.e. Croatia. Results revealed that gender, education, age, restaurant seating allocation, hospitality work experience, smoking status, average weekly workload, and the restaurant area served were for the most part not significant in explaining different perceptions toward a smoking ban. However, the respondents’ preferred restaurant smoking policy somewhat influenced how respondents view the smoking ban. In terms of the respondents’ preferred restaurant smoking policy, results revealed no significant differences in regards to demographics and WRV. With regard to job satisfaction, staff with more positive post-implementation attitudes towards the ban exhibit somewhat higher levels of satisfaction with the current job. Overall, respondents appear willing to make concessions for both pro- and anti-smoking patrons, staff, and owners/managers. Therefore, lawmakers should consider population characteristics, seating allocation, and the combination thereof when devising restaurant smoking policies.

Sedamdesetih godina prošlog stoljeća, u takozvanoj zlatnoj dekadi po pitanju primjene teorije vjerojatnosti i stohastičkih procesa u financijama, nastala je i nova teorija vremenske strukture kamatnih stopa. Nova teorija se u ovom radu najprije izlaže, a zatim i aplicira na raščlambu državnih vrijednosnih papira emitiranih od strane Republike Hrvatske na domaćem i međunarodnom tržištu vrijednosnica. Nakon što se izloži kako se gradi opći (jednofaktorski i difuzijski) model vremenske strukture kamatnih stopa, pokazuje se jedna, vjerojatno najčešće korištena varijanta tog modela: (jednofaktorski) Cox, Ingersoll, Rossov (CIR) model. Na temelju podataka vremenskog presjeka o cijeni i datumu dospijeća državnih vrijednosnica Republike Hrvatske vrši se ocjena parametara CIR modela, a zatim daje prognoza kretanja kamatnih stopa (stopa prihoda) za vrijeme od narednih pet godina za dva datuma u 1997. i 1998. godini. Rezultirajuće krivulje stope prihoda su inverzne (padajuće)., The term structure of interest rates has a long history of traditional theories. It is important to economists because the relationship among interest rates on default free securities that differ in their term to maturity, reflects the information available to the market about the future course of events. The spread of inherently risky instruments (variable rate securities and options) in the seventies, posed critical questions for traditional theories, based on the hypotheses of certainty, and gave rise to a golden decade of revolution in the methods of financial analysis on the basis of probability theory. In this paper we present the basic new term structure model as one of the key products of this golden decade. It was developed in this framework: continuous time, perfect and frictionless markets, diffusion processes, no-arbitrage condition i.e. prices constrained by the hypotheses that equivalent assets (or portfolios) in terms of cash flows and other characteristics must earn the same return. We also show how Cox, Ingersoll and Ross specialize the basic model. The CIR model is then used to extract the term structure of interest rates from observed prices of (fixed rate) Croatian Government bonds. We assume, as the model requires, that the risk of default can be ignored. The parameters of the model and the spot rate value are estimated using cross-sections of prices for two dates in 1997 and 1998. The resulting yield curves, corresponding to the estimated parameters, are the so-called inverse yield curves, for both dates. In many examples of the CIR model application in the countries with developed financial markets, it is rather rare to find the results with falling yield curve. If there is such a result, it may forecast the economic recession and reflect the existing state of instability. The results in the present study show that in Croatia interest rates decrease with maturity for both chosen dates, indicating that long term investment is not favourable. Th