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This paper examines the degree of correlation of EU regional employment cycles and attempts to show whether these … which are typical of employment data. The key finding is that employment growth is more synchronised when regions look alike …
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. Under realistic conditions, a debt conversion may be the less costly strategy for Greece and the euro area partner states. A …
Persistent link: https://www.econbiz.de/10010286303
convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece. …
Persistent link: https://www.econbiz.de/10011350203
We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …
Persistent link: https://www.econbiz.de/10011373258
reaction of wages to unemployment in Greece under the program was increasingly similar to that observed in Germany and Portugal … (a case which has attracted less attention). A priori it is likely that the change in wage behaviour in Greece was due to … erwiesen sich die Löhne in Griechenland als nahezu insensitiv gegenüber den Bedingungen am Arbeitsmarkt. Dies änderte sich …
Persistent link: https://www.econbiz.de/10011657630