In the present paper an empirical analysis with panel data will point out that Government Debt as a percentage of GDP either reduces or lets unaffected Banking solvency. This “not clear” finding is attributed to the assumptions of the method of estimation. In fact, present paper raises also...

In the present paper an empirical analysis will point out that austerity measures due to high levels of government debt as a percentage of GDP have (among others) a positive impact on social unrest measured by the number of strikes. The empirical findings of the present paper support the view of...

In the present paper an empirical analysis will point out that government debt as a percentage of GDP has a negative impact (among others) on banking profitability. This impact will be even worse when this debt as a percentage of GDP exceeds a certain critical level. The sample covers during the...

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 pointed out with a panel data econometric model that government debt puts banking sector at stake since the volume of not performing loans goes up. The estimation of the model is made feasible through the Eviews software package. The present paper is based on...

In this small paper author makes some comments on the relation between Income Distribution and the Government Debt as a percentage of GDP. It is estimated through a panel data model that optimum Income Distribution takes place at a critical level of Government Debt as a percentage of GDP....

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...

Usually the higher Government Debt country borrows money from other countries having lower Government Debt. This will end up with a higher lending rate in all countries. So, the spillover of a high debt problem in one country will cause pressures for higher interest rates in all remaining...

In the present paper it will be pointed out that government debt is an obstacle to economic growth, thus supporting further the view of (Georgiou, 2009a). Data are kindly offered by (Paolo Mauro et al., 2013) and cover 55 countries for the period (1950-2011). It is worth noting that these...

In the present paper it is pointed out that government debt is an obstacle to economic growth. To my belief, the remedy to this problem is to encourage consumption and not to impose taxes onto the consumers. Because, any decrease in their wages and salaries for temporary budgetary purposes, will...