Return to devalued drachma, cost-push inflation and international competitiveness

This paper presents empirical estimates of the effects of a return to devalued drachma on the cost-inflation rate in the Greek economy. The results show moderate effects and the potential for substantial improvements in the balance of goods and services.

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Year of publication:	2011-12-14
Authors:	Mariolis, Theodore ; Katsinos, Apostolis
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Cost-Push Inflation \| Drachma Devaluation \| Dynamic Input-Output Price Models \| Greek Economy \| International Competitiveness

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	D57 - Input-Output Analysis ; E31 - Price Level; Inflation; Deflation ; E11 - Marxian; Sraffian; Institutional; Evolutionary ; C67 - Input-Output Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009644921