This paper brings new evidence on the relationship between housing credit and female labour participation decisions by investigating the possible interdependence between the two variables in the case of Greece. This relationship is analysed through the estimation of a probit model with...

This paper investigates the direct and indirect effects of budget deficit on inflation in Greece for the period 1957-93. The empirical analysis employs tests of cointegration, as suggested by Johansen and Juselius, as pretests for Granger tests of causality. The empirical evidence suggests that...

We investigate the public-private wage differentials in ten euro area countries (Austria, Belgium, France, Germany, Greece, Ireland, Italy, Portugal, Slovenia and Spain). To account for differences in employment characteristics between the two sectors, we focus on micro data taken from EU-SILC....

This article analyzes the effects of demographic changes (low fertility rates and a high old-age dependency ratio) on fiscal developments (debt, expenditure, tax revenues, social security expenditure, and social welfare revenues to GDP ratios) in Greece over the period 1960 to 1995. The...

This article examines the earnings differential between the public and private sectors pay in Greece employing quantile regression analysis and using micro data. The results suggest that average earnings are higher in the public sector than in the private sector for both genders but earnings in...

This paper considers the relationship between cointegration and causality and uses tests of cointegration as pre-test for Granger tests of causality. The analysis is employed in analysing the government budget-inflation relationship in Greece. Empirical evidence suggest that there is a long-run...

The paper studies the relationship between oil prices and economic activity in Greece during the period 1982:1–2008:8. Different empirical methods are used to estimate whether oil price changes affect asymmetrically the economic activity. A regime-switching model (RS-R) and a threshold...

This paper applies panel unit-root tests that allow for structural breaks and cross-sectional dependence to examine the validity of hysteresis in gender unemployment rates and gender unemployment gap for a panel of 15 European countries. Addressing breaks, there is evidence to reject the null...

This paper provides an empirical analysis of cigarette consumption in Greece using the recent Johansen cointegration procedure for the period 1960-1990. Income and price elasticities for the long-run and short-run period are estimated. In addition the findings suggest that health warnings in...