European Research Studies

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

Articles from Vol. 17, No. 3, July

Is There a Heteroscedasticity Due to Gender in the Adult Learning? A View from Europe
1. Introduction In this article we check for unobserved heteroskedasticity due to gender in adult learning in Europe. It is largely accepted by the economic literature that human capital is a continuous process starting at school and keeping being...
Looking for Synergy with Momentum in Main Asset Classes
1. Introduction Recent decade proved to be one of the most problematic periods for asset managers since great depression. Global economy suffered two recessions where the recent one, which started in 2008, due to it's large impact to global markets...
Modern Financial Tools That Can Be Used by Municipalities: An Empirical Investigation from Greece
1. Introduction Municipalities are autonomous economic and administrative entities, with common actions and responsibilities. However, not all municipalities are the same when considering specific geographic, demographic, economic and other characteristics...
On the Dynamic Linkages between C[O.Sub.2] Emissions, Energy Consumption and Growth in Greece
1. Introduction In the past decade, numerous studies have been carried out to examine the gradual development of the relationship between environmental quality and the level of GDP for either a country or a group of countries. Such studies are known...
Public Private Partnership Contracts Financing by Covered Bonds
1. Introduction Sovereign entities of the western world rely the provision of public services (defense, public health, education, public infrastructures etc.), when tax revenues are not adequate, to a large extent on the financing through a considerable...
The Effectiveness of the Federal Funds Rate as the U.S. Monetary Policy Tool before, during and after the Great Recession
1. Introduction The Business Cycle Dating Committee of the National Bureau of Economic Research determined that a recession occurred in the U.S. between December 2007 and June 2009. Given the historic severity of the length, depth and breadth of...
The Impact of Financial Structure on the Performance of European Listed Firms
1. Introduction In the last years we have witnessed the development of financial theories that reveal the importance and the impact of financial structure on the performance. Modigliani and Miller (1958) are the first that have tentatively studied...
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