“…15 The year base of every indicator is 2010. 20 Moreover, Yamarik et al (2016) employ two additional inequality indicators: the Gini coefficient and the Theil index. 17 The countries of the sample are Australia, Austria, Belgium, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States.…”