Verhältnis der Deutschen zur Inflation wider. Die Medien sprechen von der „German Angst“. Sowohl die Erfahrungen der frühen 20er …

In response to high and chronic inflation, countries have adopted different stabilization policies. However, the extent …

piece of evidence that although the monetary component of inflation in Greece was neutralized due to the implementation of …This paper contributes to the existing empirical literature of inflation persistence by providing results on the level … of inflation persistence for the Greek economy using an inflation series on both the aggregated and the disaggregated …

This paper investigates the relation between the rise in external debt and fiscal developments in Greece. We use an … reduction in (non-interest) government expenditure. They also suggest that in the case of Greece there is no further scope for a … steady-state increase in seigniorage revenue. In fact, the inflation rate slightly exceeds the seigniorage-maximizing rate …

This paper investigates the argument for Central Bank Independence (CBI) in the case of Greece. Using a time series … approach and the last data available before Greece joined the EMU, the hypothesis that central bank independence is important … for controlling inflation is examined. Employing two indices, which serve as proxies for CBI, LegalCBI and TOR, the …

European Union (E.U.), Greece, Portugal and Spain. Motivated by a micro-founded model of inflation determination, along the …We explore the connection between inflation and its higher-order moments for three economies in the periphery of the … producer prices affect the path of inflation. We develop our analysis with the perspective of economic integration/inflation …