This study uses data covering the 2008-2014 period to analyse the qualitative developments in Greek tourism. We conclude that the growth of Greek tourism is attributed, to a great extent, to qualitative changes, including: (1) development of new markets; (2) better promotion of cultural tourism;...

This note reviews the recent relevant literature and provides empirical evidence that fluctuations of the international price of oil have a significant impact on the Greek economic activity and inflation. In particular, the main conclusions that emerge from the literature review are the...

This paper is an exercise in applied macroeconomic forecasting. We examine the forecasting power of a vector error-correction model (VECM) that is anchored by a long-run equilibrium relationship between Greek national income and productive public expenditure as suggested by the economic theory....