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Theoretical and Applied Economics
No. 2 / 2017 (611), Summer

The impact of private sector credit on income inequalities in European Union (15 member states)

The Bucharest University of Economic Studies, Romania

Abstract. This paper aims to provide a comprehensive analysis on the income inequalities recorded in the EU-15 in the 1995-2014 period and to estimate the impact of private sector credit on income disparities. In order to estimate the impact, I used the panel data technique with 15 cross-sections for the first 15 Member States of the European Union, applying generalized error correction model.

Keywords: credit, error correction model, European Union, income inequality, panel.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016


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