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The influx of shipping receipts from the world's leading fleet has been critical for the development of the Greek economy. Following the disastrous September of 2008, the range and speed of the shift in direction of the freight rates, combined with the general economic and credit climate, have...
Persistent link: https://www.econbiz.de/10012926350
The influx of shipping receipts from the world's leading fleet has been critical for the development of the Greek economy. Following the fateful September of 2008, the range and speed of the shift in direction of the freight rates, combined with the general economic and credit climate, have had...
Persistent link: https://www.econbiz.de/10012926358
The purpose of the present paper is to test for asymmetry in the Greek retail gasoline price adjustments to crude oil price changes for the period January 2005-July 2012.The empirical analysis provides evidence that the adjustment of gasoline prices to oil price changes is asymmetric, in...
Persistent link: https://www.econbiz.de/10012926819
In this paper we attempt to assess the extent to which conversion policies involving the shift of resources from the defence to the non-defence sector may entail some form of peace dividend for the economy of Greece. The issue has become one of increasing importance during the past few years...
Persistent link: https://www.econbiz.de/10012926825
In this article, the reliability of first (flash) quarterly national account data estimates compiled and released by the National Statistical Service of Greece is examined. The more reliable the first estimates, the better equipped are policy-makers to assess the economic situation and outlook....
Persistent link: https://www.econbiz.de/10012926827
The main purpose of this paper was to achieve a judicious blend and an effective conjunction of purely judgmental forecasts and mechanical projections which take into account the determinants of inflation. The empirical results of the paper suggest that, for the current as well as for the...
Persistent link: https://www.econbiz.de/10012926858
The main purpose of this paper is to present the main changes of national accounts due to the new methodology of ESA 2010 and to highlight the implications of this new framework for the Greek economy. The findings suggest that the implementation of the new framework had virtually no impact on...
Persistent link: https://www.econbiz.de/10012926956