In the present paper it will be shown empirically that more severe regulations (public sector taxation and product market regulations) tend to restrict shadow economy. The sample covers EU, USA and Japan. Data are taken from OECD and (Schneider et al., 2010); (Schneider, 2013). The elaboration...

In the present paper an empirical analysis will point out that although Property Tax does not worsen income distribution, on the contrary, it increases poverty risk. The sample covers EU. The elaboration of these panel data is made feasible by means of the Eviews software package

In the present paper author will attempt to show empirically that property taxation causes depression even in the long run. Hence, the view of OECD (2009) that property taxation will persuade investors to avoid to invest in safe assets (houses) and to invest instead in more productive assets in...

In the present paper an empirical analysis will point out that Property Tax does not worsen income distribution. The sample covers EU. The elaboration of these panel data is made feasible by means of the Eviews software package

In the present paper an empirical analysis will point out that, based on (Georgiou, 2013), shadow economy has a negative impact on banking survival. The sample covers many Western European Countries and the United States. Data are taken from OECD, as well as (Schneider et al., 2010); (Schneider,...

In the present paper an empirical analysis will point out that as shadow economy declines then income distribution does not worsen. This paper supports the view of (Rosser et al., 2000; 2003). The sample covers most industrialized world. Data are taken from Eurostat and (Schneider et al., 2010);...

Present paper shows that credit regarding job creation is ineffective in the 2000s, while it was effective in 1980s and 1990s. This paper attempts to support the view of (Bouis et al., 2013), that recently growth is sluggish, in spite of the massive monetary stimulus. Further, it will support...

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...

In the present paper it will be pointed out econometrically that entrepreneurial calibre improves Balassa index. The contribution of this paper is that a new method to estimate entrepreneurial calibre will be introduced. Data are annual and cover most Western European countries and the USA for...