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Minorities, Human Capital and Long-Run Development : Persistence of Armenian and Greek Influence in Turkey
Arbatli, Cemal Eren - 2017
We study the long-term economic legacy of highly-skilled minorities a century after their wholesale expulsion. Using mass expulsions of Armenian and Greek communities of the Ottoman Empire in the early 20th century as a unique natural experiment of history, we show that districts with greater...
Persistent link: https://www.econbiz.de/10012964040
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The Greek Debt Crisis : Likely Causes, Mechanics and Outcomes
Arghyrou, Michael - 2010
We use insights from the literature on currency crises to offer an analytical treatment of the crisis in the market for Greek government bonds. We argue that the crisis itself and its escalating nature are very likely to be the result of: (a) steady deterioration of Greek macroeconomic...
Persistent link: https://www.econbiz.de/10013135455
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Whither Public Interest : The Case of Greece's Public Finances
Moutos, Thomas - 2010
and current account deficits, which have in turn driven Greece's foreign indebtedness to alarming levels, necessitating …
Persistent link: https://www.econbiz.de/10013141505
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The Greek Crisis : Causes and Consequences
Garcia Pascual, Antonio I. - 2011
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster … solvency and closing the competitiveness gap. Yet we think Greece stands a better chance of accomplishing these goals from …
Persistent link: https://www.econbiz.de/10013117780
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Vignette Equivalence and Response Consistency : The Case of Job Satisfaction
Ferrer-i-Carbonell, Ada - 2011
We compare reported job satisfaction with vignette evaluations of hypothetical jobs by using a British, Greek and Dutch data set, containing 95 randomly assigned vignettes. In order to test comparability of international data sets recently the method of anchoring vignettes has been introduced by...
Persistent link: https://www.econbiz.de/10013117782
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Target Loans, Current Account Balances and Capital Flows : The ECB's Rescue Facility
Sinn, Hans-Werner - 2013
The Target liabilities of the GIPS countries (Greece, Ireland, Portugal and Spain) amounted to 314 billion euros in …
Persistent link: https://www.econbiz.de/10013092688
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Fiscal Policy Sustainability, Economic Cycle and Financial Crises : The Case of the GIPS
Legrenzi, Gabriella Deborah - 2014
behaviour for the GIPS, that only correct 'large' unbalances, which, in the case of Greece and Portugal, are higher than the …
Persistent link: https://www.econbiz.de/10013065030
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ECB Interventions in Distressed Sovereign Debt Markets : The Case of Greek Bonds
Trebesch, Christoph - 2014
This paper analyses the determinants and effects of ECB interventions in times of severe distress. We focus on the Greek government bond market in mid-2010 and use a unique new dataset to show, for the first time, what type of bonds the ECB bought. We then explore the short-term effects of ECB...
Persistent link: https://www.econbiz.de/10013065438
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Debt Sustainability and Financial Crises : Evidence from the GIIPS
Legrenzi, Gabriella Deborah - 2014
We assess the sustainability of the public finances of Greece, Ireland, Italy, Portugal and Spain (GIIPS), allowing for …
Persistent link: https://www.econbiz.de/10013067329
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Greece's Three-Act Tragedy : A Simple Model of Grexit vs. Staying Afloat Inside the Single Currency Area
Chen, Yu-Fu - 2016
Against the backdrop of the Greek three-act tragedy, we present a theoretical framework for studying Greece's recent … debt and currency crisis. The model is built on two essential blocks: first, erratic macroeconomic policymaking in Greece … macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area …
Persistent link: https://www.econbiz.de/10012999786