Efthimiadis, T.; Papaioannou, S.; Tsintzos, P. - In: Applied Economics Letters 20 (2013) 11, pp. 1076-1080
This article aims to assess the cost of failure of Greece's ‘First Economic Adjustment Programme’, in terms of potential Gross Domestic Product (GDP) growth. In particular, real GDP trends are estimated through filtering techniques and compared with those had the first programme been...