If a country A with a low economic growth rate exports to another country B (and the second has larger real GDP growth rate than all the remaining countries during the same time period), that will help country A. Hence, the revenues from exports will enable country A to reduce its government...

In the present paper author will try to point out that government debt as a percentage of GDP has a negative impact on stock prices in the long run, while entrepreneurial caliber has a positive effect on stock prices in the long run. Data are annual and cover Western European economies for the...

In the present paper an effort will be made to show empirically that disposable income has a positive impact on economic growth. Sample covers Western European countries and Japan for the period 1999-2007. Panel data are elaborated by means of Eviews software package

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...

Mundell (1961) claimed that the viability of a currency union relies on the degree of labour mobility. In the present paper an attempt is made to introduce a test for the viability of a currency union. To this end author will try to measure in European countries the relative real wage rigidity...

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 it will be shown that government debt has a negative impact on Balassa index. Data are annual and cover most Western European countries for the period 1990-2006. The estimation of the panel data model is made feasible through the Eviews software package

In the present paper it will be pointed out that consumption tax rate has a negative impact on consumption. Hence, according to the consumption-led-growth theory, economic growth will be hindered. The panel data sample covers for the period 1995-2007 many European countries, and the econometric...

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...

According to Stever (2007) there is a strong circumstantial evidence that regulators (and/or shareholders) place a limit on the total volatility of each bank's assets regardless of size. In the present paper by a different approach an attempt will be made to reach the same conclusion (that bank...