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The Major Obstacle to Economic Growth for EU Countries: Unequal Income Distribution

Deniz Zungun (), Emine Turkan AYVAZ Guven, Florina Oana Virlanuta () and Ozge Onkan
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Deniz Zungun: Manisa Celal Bayar University, Turkey
Emine Turkan AYVAZ Guven: Manisa Celal Bayar University, Turkey
Florina Oana Virlanuta: Dunarea de Jos University of Galati, Romania
Ozge Onkan: Manisa Celal Bayar University, Turkey

Economics and Applied Informatics, 2015, issue 2, 42-51

Abstract: Price stability contributes to financial stability because it eliminates the market distortions and uncertainties which may occur at the markets’ level as a result of the price instability. Price stability can reduce the level of risk premiums in interest rates because it lowers the degree of uncertainty that is associated with future inflation.

Keywords: Economic Growth; Unequal Income Distribution; Regression Analysis (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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