Showing 1 - 10 of 93
Using a sample of bank loans to firms operating in the tourism industry for the period 2010-2015, and regional variation of tourism activities to identify the strategic defaulted firms, we examine the impact of Greek banks consolidation on the firms’ payment behavior. We show that a...
Persistent link: https://www.econbiz.de/10014078069
This paper provides a quantitative study of the main determinants of the Greek great depression since 2010. We use a medium-scale DSGE model calibrated to the Greek economy between 2000 and 2009 (the euphoria years that followed the adoption of the euro). Then, departing from 2010, our...
Persistent link: https://www.econbiz.de/10014078168
The past Greek crisis experience is more or less terra incognita. In all historical empirical studies Greece is … which to assess the policy choices and constraints that Greece faces today, with the ultimate aim to draw policy lessons …
Persistent link: https://www.econbiz.de/10014079032
This paper presents the recent trends and the characteristics of inequality, poverty and living conditions in Greece …
Persistent link: https://www.econbiz.de/10014079034
This paper follows the great depression methodology of Kehoe and Prescott (2002, 2007) to study the importance of total factor productivity (TFP) in the Greek economic crisis over the period 2008-2017. Using growth accounting and the neo- classical growth model, the paper shows that exogenous...
Persistent link: https://www.econbiz.de/10014081914
We discuss the origins of the Greek financial crisis as manifested in the growing fiscal and current-account deficits since euro-area entry in 2001. We then provide an investigation of spreads on Greek relative to German long-term government debt. Using monthly data over the period 2000 to 2010,...
Persistent link: https://www.econbiz.de/10013404052
The influx of shipping receipts from the world's leading fleet has been critical for the development of the Greek … with the general economic and credit climate, have had a significant impact on Greek receipts from shipping. The paper … investigates both the long and short term responses of shipping flows in the Greek balance of payments on the basis of monthly data …
Persistent link: https://www.econbiz.de/10012926358
The influx of shipping receipts from the world's leading fleet has been critical for the development of the Greek … with the general economic and credit climate, have had a significant impact on Greek receipts from shipping. The paper … investigates both the long and short term responses of shipping flows in the Greek balance of payments on the basis of monthly data …
Persistent link: https://www.econbiz.de/10012938212
despite the regulatory framework remaining unchanged - since Greece was the first traditional maritime country to introduce … this regime in the 1970s - total taxes paid by Greek shipping companies increased by almost tenfold since the start of the … and non-EU tonnage tax regimes. The analysis reaffirms that, while shipping tax regimes have converged internationally …
Persistent link: https://www.econbiz.de/10014078081
The influx of shipping receipts from the world's leading fleet has been critical for the development of the Greek … with the general economic and credit climate, have had a significant impact on Greek receipts from shipping. The paper … investigates both the long and short term responses of shipping flows in the Greek balance of payments on the basis of monthly data …
Persistent link: https://www.econbiz.de/10014079195