The distributive trades, consisting of wholesaling and retailing, are a key sector of the economy. As the main interface between producers and consumers, the sector is particularly important from a monetary policy point of view: this is where most consumer goods prices are ultimately set....

This study provides estimates of economic uncertainty and inflation uncertainty for the Greek economy and considers their time-varying impact on the corresponding macroeconomic variables, i.e. GDP growth and inflation. The authors find that, in both cases, the degree of uncertainty varies over...

This paper examines the relationship between inflation and inflation uncertainty for Greece between 1981 and 2008. Univariate GARCH models are used to generate alternative measures of inflation uncertainty using both seasonally-adjusted and unadjusted data. Granger causality tests are...