We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …

convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece. …

, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A … specific focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …

reaction of wages to unemployment in Greece under the program was increasingly similar to that observed in Germany and Portugal … (a case which has attracted less attention). A priori it is likely that the change in wage behaviour in Greece was due to …

in selected countries of the euro area: Greece, Ireland, Portugal and Spain. These peripheral euro zone countries come …

wages to unemployment in Greece was under the program similar to that observed in Germany and Portugal (a case, which has … attracted less attention). A priori it is likely that the change in wage behaviour in Greece was due to the labour market …

Facility (EFSF) would offer holders of debt of the countries with an EFSF programme (probably Greece, Ireland and Portugal …