In the present paper it will be pointed out with a panel data econometric model that there is a trade-off between government debt to GDP and the household debt to total household income. The estimation of the model is made feasible through the Eviews software package. This finding can be of use...

In the present paper it will be shown with a panel data econometric model that trade unions have a negative impact on Government Debt to GDP. The reason is based on the findings of (Palokangas, 1996; 2000; 2004; 2005); (Grieben and Şener, 2008); (Georgiou, 2010) who assert that unionism promotes economic...

In the present paper a discussion will be made about the crucial topic of fostering entrepreneurship as the cornerstone of capitalism (by avoiding too hard austerity measures and helping instead entrepreneurship in various ways) so as to make corporations profitable and ultimately create jobs,...

Present paper makes some comments on the conclusions of (Bonesmo Fredriksen, 2012) who claims among others that “…Furthermore, EU income inequality is found to have increased over the past 25 years, albeit at a slower pace since 2000”. My comments are that the above conclusion depends on...

In this paper it is pointed out that tourism sector, apart from its contribution to economic growth, it also improves income distribution but only in the southern European countries. Further, it is shown that economic growth and crisis do not affect income distribution. Data are taken from...

Kuznets famous paper was referring to the early stages of industrialization where as countries become richer income inequality first rises and then falls. In the present paper examining Western European countries during the period 1995 – 2006 Kuznets curve has a different shape. This paper is...

In the present paper it will be pointed out with panel data that inflation worsens income distribution, but not in a linear way. More specifically, at lower inflation levels as inflation goes up, then income distribution worsens more rapidly than in the case of higher inflation levels...

In the present paper an effort will be made to show empirically that education spending reduces inequality of income distribution. Author supports the view of (José De Gregorio and Jong-Wha Lee, 2002) using a different model for the period 1995-2006. Panel data are elaborated by means of Eviews...

In the present paper author will support econometrically the view of (Checchi D. and C. Garcia-Peñalosa, 2005) who assert that trade unions reduce income inequality. Our sample covers western European countries during the period 1999–2008. Panel data regression analysis will be used based on...