. Under realistic conditions, a debt conversion may be the less costly strategy for Greece and the euro area partner states. A …

convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece. …

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 …

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 …

wages to unemployment in Greece was under the program 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 the labour market …

exports is estimated based on the period from 1995Q1 to 2014Q4. Looking at some of the main export partners of Greece, the …