The purpose of this paper was to investigate and measure the causation between food consumer price index and all-other-items consumer price index in 14 European Union member-states, using monthly data covering the period from 1985:12 to 1998:12. For this purpose a four stages approach was...

The purpose of this paper was to estimate changes in cyclical unemployment and output in the EU using an Okun's law equation, extended with a new variable, namely, the share of the economically active labour force of the agricultural sector in the total economy. Treating both the NAIRU and the...

The purpose of this paper was to estimate cyclical unemployment and cyclical output in the 15 European Union member-states using a system of Phillips curve and Okun’s law equations. Treating both the NAIRU and the potential output growth rate as time varying unobserved stochastic processes, a...

The purpose of this paper is to investigate and measure the proportion of changes in wholesale prices transferred to consumer prices in the economy of Greece. The data used in the investigation are monthly, covering the period from 1973:1 to 2000:11, and refer to consumer price indexes and...