European Research Studies

European Research Studies publishes articles on the economic and financial sectors in Europe.

Articles from Vol. 15, No. 1, January

Borrowing Cost as a Crucial Factor for Sustainable Fiscal Consolidation & for Exiting the Current Crisis
1. Introduction The worst economic crisis of the Greek economy after World War II, is continuing to deepen for the second consecutive year. In an international relatively favorable economic environment, Greece is the only euro zone country in such...
Comparative Analysis of Carrying Capacity Indices for the Central Aegean Islands
1. Introduction Greece depends heavily on the tourist trade, as tourism is the main economic activity in Greece. The issue for a long term viable development in the Greek islands, is to find a creative and hopeful perspective through the carrying...
Exploring Public Social Expenditure Trends in the Globalization Era
1. Introduction In recent years a growing body of literature has appeared on the nexus between globalisation and the welfare state. Behind this increasing interest in the role that globalisation is exerting on state policy, there is the idea that...
House Price Comovements in the Eurozone Economies
1. Introduction International transmission of house price changes appears to be a natural corollary of an increasingly internationalized and interdependent financial environment. In addition, parallel movements in borrowing conditions and macroeconomic...
Immigrants and Media in Greece: An Empirical Investigation for the Period 2002-2008
1. Introduction Since the Dorians' descent in the antiquity in Greece until the "barbaric" invasions in the 6th century AD in Europe and the transplantation of Europeans in the new continents overseas, immigration act as a catalyst in formulating...
Income Inequality and Inflation in the EU
1. Introduction There is extended research analyzing the relationship between income inequality and selected macroeconomic variables such as growth rate, inflation rate, openness etc. Azzoni (2001) has analyzed regional inequality in Brazil using...
The Capital Structure Choice and the Consumption Tax
1. Introduction Capital structure decisions are instrumental in everyday managerial finance (Stretcher and Johnson 2011). The principal theoretical narratives on the capital structure choice have focused on the importance of the taxes that burden...
The Policy Responses and Implications of the Global Financial Crisis on Asia: A Case Study for Malaysia
1. Introduction Asia is hit by another major crisis barely ten years after the devastating Asian financial crisis (AFC). This time, the crisis emanates from the United States. While no two crises are identical, they share some basic common conditions,...
Translating the Service Quality Gaps into Strategy Formulation. an Experimental Case Study of a Greek Academic Department
1. Introduction Examining the conditions on operating in highly competitive markets where branding consists the basis of differentiation, the attainment of high service quality is the ultimate purpose of enterprises for sustainability and profitability...
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