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The European and the Greek Business Cycles: Are they synchronized?

Leon, Costas - Volkswirtschaftliche Fakultät, … - 2006

shocks between Greece and the Eurozone for the period 1980-2005 with quarterly data. The results verify that both areas …

Persistent link: https://www.econbiz.de/10005836358

Seven Myths about the Greek Debt Crisis

Skaperdas, Stergios - Department of Economics, University of California-Irvine - 2011

In Greece and other countries of the eurozone there are a number of misconceptions about the debt crisis. I argue …

Persistent link: https://www.econbiz.de/10009351408

Empirical evidence on convergence across the PIIGS member states of the Euro-zone

Katsouli, Eleni F.; Katos, Anastasios V. - In: International Journal of Sustainable Economy 6 (2014) 3, pp. 230-242

Portugal, Ireland, Italy, Greece and Spain over the last 30 years. The criteria used for investigating convergence are β …

Persistent link: https://www.econbiz.de/10010795444

Greek crisis in perspective: Origins, effects and ways-out

Christodoulakis, Nicos - Palgrave Macmillan

faced unprecedented financial problems. Greece was the most severe case requiring intervention from the EU and IMF to … stabilize its economy and repay debt obligations. This article explains the debt process in Greece from the 1980s to date, and …

Persistent link: https://www.econbiz.de/10010861114

The crisis in Greece and the EU-IMF rescue package: Determinants and pitfalls

Visvizi, Anna - In: Acta Oeconomica 62 (2012) March, pp. 15-39

The sovereign debt crisis in Greece represents a very interesting case in which the Greek government succeeded in … pitfalls of the €110 billion EU/IMF rescue package granted to Greece are examined. It is argued that the government’s focus on …

Persistent link: https://www.econbiz.de/10011119843

Business cycles and economic crisis in Greece (1960–2011): A long run equilibrium analysis in the Eurozone

Michaelides, Panayotis G.; Papageorgiou, Theofanis; … - In: Economic Modelling 31 (2013) C, pp. 804-816

Empirical studies find that fluctuations in output and other macroeconomic aggregates are positively related across countries. Economic theory focuses on two main explanations: common shocks and common transmission mechanisms. In this paper, we conduct an empirical analysis of the international...

Persistent link: https://www.econbiz.de/10010636312

Fiscal adjustment in Greece: In search for sustainable public finances

van Aarle, Bas; Kappler, Marcus - 2011

This paper analyses Greek fiscal sustainability from a retrospective and a prospective view. Implications of Greek fiscal (un)sustainability are discussed. In the empirical analysis econometric testing of Greek government solvency during the period 1985-2008 is combined with a scenario analysis...

Persistent link: https://www.econbiz.de/10010307840