This paper investigates the dynamics associated with inequality in EU member states. The variation of the Gini coefficient is analyzed from different perspectives: economic growth, certain macroeconomic variables, socio-demographic environment and historical, political and cultural environment....

An increasing body of recent literature focuses on how stock market investor sentiment fluctuates during the pandemic. However, a topic insufficiently addressed is related to investigating the changes occurred in the economic sentiment and expectations during COVID-19 pandemic, as a broader...

Missing data or missing values are a common phenomenon in applied panel data research and of great interest for panel data unit root testing. The standard approach in the literature is to balance the panel by removing units and/or trimming a common time period for all units. However, this...

The issue of security and safety i s a fundamental condition for stable economic trends. Military expenditure can be a very powerful tool for a rapid economic growth. The paper examines the long-run relationship between military expenditure and economic growth in the selected Balkan countries,...

While India is set to become the world's most populous country by 2050, it is also the home to the world's largest number of unbanked individuals. This paper aims to investigate the profitability issue with a focus on public banks. Using a new methodology based on comparisons tests and panel...

The abundance of oil resources and the dependence of the state budget on crude oil exports have exposed Iran's single-product economy to oil price fluctuations and its consequences. On the other hand, according to the country's financial system and its being bank-centric, one of the sectors that...

This paper aims to examine the relationship between soil quality and farmland prices over time. Soil quality is often used as an explanatory variable for farmland prices in hedonic price models. However, the agricultural land market has shown an enormous price increase over the last decade....

We consider fixed‐effects binary choice models with a fixed number of periods T and regressors without a large support. If the time‐varying unobserved terms are i.i.d. with known distribution F, Chamberlain (2010) shows that the common slope parameter is point identified if and only if F is...

Wages growth in Australia was lower than expected prior to COVID-19 based on historical determinants. One possible explanation for this is that employment had become more concentrated among a small number of large employers. This reduced outside options for workers and lowered their bargaining...

This paper investigates the convergence behaviour of carbon dioxide emissions for 39 countries in the Americas from 1960-2016. A linear regression test of convergence which looks for conditional sigma convergence is employed, and a clustering algorithm is used to identify convergence clubs. The...