Daniel BYTČÁNEK – Juraj RENČKO: State Debt and its Management from the Medium – Term Perspective (in Slovak) 3 Jozef DANČO: Macro-economics in Political Arithmetic of J. M. Lang (in Slovak) 29 Roman HUŠEK – Tomáš FORMÁNEK: Anticipation of the Effects of Exogenous Shocks in the Monetary Mechanism (in Czech) 49 Judita TÁNCOŠOVÁ – Antonín SLANÝ: Theoretical Aspects of Foreign Direct Investments (in Slovak) 62 Štefan ZAJAC: Some Problems of Employment Effect of Innovation (in Slovak) 74 Marko FERJAN – Goran VUKOVIČ – Tomaž KERN: Influential Fac-tors of Employee Careers in Slovenia (in English) 91 Vincent ŠOLTÉS: Duration of Coupon Bonds as a Criterion of the Price Sensibility of Bonds with Regards to the Change of Interest Rates (in Slovak) 108