Gechert, Sebastian; Rannenberg, Ansgar - In: Vierteljahrshefte zur Wirtschaftsforschung 84 (2015) 3, pp. 47-59
consolidation measures that have been implemented in Greece between 2010 and 2014. We estimate that austerity explains almost the …This policy brief reexamines the effects of the Greek austerity experiment on its economy via a counterfactual analysis … entire collapse of Greek GDP after 2009. This result suggests that-ceteris paribus-, in the absence of austerity, the Greek …
