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Macroeconomic Policy Lessons for Greece from the Debt Crisis

Economides, George; Papageorgiou, Dimitris; … - 2020

turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our …

Persistent link: https://www.econbiz.de/10012207953

Monetary Union, Even Higher Integration, or Back to National Currencies?

Economides, George; Philippopoulos, Apostolis; … - 2016

This paper quantifies the welfare differences among a monetary union, flexible exchange rates (economic disintegration) and a monetary plus fiscal transfer union (higher economic integration). The vehicle of analysis is a medium-scale New Keynesian DSGE model consisting of two heterogeneous...

Persistent link: https://www.econbiz.de/10011431339

Macroeconomic Policy Lessons for Greece from the Debt Crisis

Economides, George - 2020

turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our …

Persistent link: https://www.econbiz.de/10012837680

Public providers, versus private providers, of public goods: A general equilibrium study of the role of the state

Economides, George; Philippopoulos, Apostolis; … - 2011

This paper studies the difference between public production and public finance of public goods in a dynamic general equilibrium setup. By public finance, we mean that the public good is produced by private providers with the government financing their costs. When the model is calibrated to match...

Persistent link: https://www.econbiz.de/10010277041

Pollution and Resource Extraction: Do they Matter for the Dynamics of Growth?

Economides, George; Philippopoulos, Apostolis - 2000

growth-environment-policy link. The context is a dynamic general equilibrium model of endogenous growth, in which private … observed persistent differences in growth among LDCs with similar fundamentals and endowments. …

Persistent link: https://www.econbiz.de/10010314957

Do Foreign Aid Transfers Distort Incentives and Hurt Growth? Theory and Evidence from 75 Aid-recipient Countries

Economides, George; Kalyvitis, Sarantis; … - 2004

In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent … this framework, the growth impact of aid is examined jointly with the determination of rent-seeking behavior. We test the … that aid has a direct positive effect on growth, which is however significantly mitigated by the adverse indirect effects …

Persistent link: https://www.econbiz.de/10010315814