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 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...

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...

In this paper we provide evidence for the impact of public funding on enrolment of students in college. We use a panel for European countries and apply instrumental variables techniques to find that public funding for schooling; regardless at what level; does increase college enrolment alike...

In the present paper an empirical analysis will point out that banks are always risk averters, and this aversion increases in more recent periods. The sample covers Western Europe and The United States. Data are taken from World Bank and OECD. The elaboration of these panel data is made feasible...

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 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...

Can tax policy foster the creation of new companies? To answer this question, we assemble a novel country-industry level panel database with data on entry (by incorporation) for 17 European countries between 1997 and 2004. Our analysis is based on recent models of how corporate taxation affects...

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...