This paper examines the impact of education on economic growth in Greece over the period 1981 - 2009 by applying the model with two sectors introduced by Lucas (1988). The findings of the empirical analysis reveal that there is no long-run relation between educational stock and output. In the...

Stochastic discounting models are generally recognized as extremely strong analytical tools for a very wide variety of fundamental areas in the actuarial discipline. The paper is mainly devoted to the formulation, investigation and application in the actuarial discipline of a stochastic...

The aim of this paper is to construct and test a model explaining the inward Foreign Direct Investment (FDI) position of various members of European Monetary Union (EMU), on the basis of their location advantages during 1980-2010 period. The model focuses on the impact of EMU on FDI inflows and...

The financial plans of the Greek Ministry of Defense (MoD) for the year 2013 include a big amount of money in support of the national defense system. Nevertheless, comparing MoD's annual budgets of the last two years, we can see that in 2013 less money than in 2012 were allocated to the MoD by...

In this paper, we present the general contribution of n-person game in turbulent environment of parliamentary coalitions. Same basic data about the coalition form and the characteristic function is necessary in order to connect n-person game theory and behavioral game theory. Taking the Norway...

The aim of this paper is to propose a set of suitable variables on which a comprehensive definition of quality bulk shipping can be built. The authors of this paper explore the alternatives of quality differentiation in bulk shipping, in view of the methodological and data problems researchers...

In this paper, we present the general contribution of n-person game in turbulent environment of parliamentary coalitions. Same basic data about the coalition form and the characteristic function is necessary in order to connect n-person game theory and behavioral game theory. Taking the Norway...

Stochastic discounting models are generally recognized as extremely strong analytical tools for a very wide variety of fundamental areas in the actuarial discipline. The paper is mainly devoted to the formulation, investigation and application in the actuarial discipline of a stochastic...

Information and Communications Technologies (ICT) can contribute to the modification and development of new patterns of behaviour by individuals in their everyday lives. The implementation of e-activities such as teleworking, tele-education or tele-shopping cut down the need for physical...

This paper examines the impact of education on economic growth in Greece over the period 1981 – 2009 by applying the model with two sectors introduced by Lucas (1988). The findings of the empirical analysis reveal that there is no long-run relation between educational stock and output. In the...