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for the European Financial Crisis, specifically with respect to Greece. This analysis will be driven by a trend analysis … Greek government. The ECB’s inability to enforce the Maastricht Criteria and independent fiscal policy, as well as Greece … loss of competitiveness and irresponsible rise in sovereign debt for Greece. It is inferred that the EMU was ineffective in …
Persistent link: https://www.econbiz.de/10009468765
The objective of this project is to use an econometric model to examine economic growth in Greece. Using a growth model … to thus construct a growth model for the Greek economy, which is based on Solow's theory of economic growth. Solow was … paper will show is that, overall, the methodology and Solow theory behind the work of Mankiw, Romer and Weil was found to be …
Persistent link: https://www.econbiz.de/10009474963
The link between low levels of central bank independence (CBI) and high levels of inflation has long been established …
Persistent link: https://www.econbiz.de/10009474984
Over the past years, several countries around the world have adopted a system of prudential prompt corrective action (PCA). The European Union countries are being encouraged to adopt PCA by policy analysts who explicitly call for its adoption. To date, most of the discussion on PCA has focused...
Persistent link: https://www.econbiz.de/10012530158
differential effect on households’ time deposit volumes and rates which, in theory, could be compatible with a pass-through of the …
Persistent link: https://www.econbiz.de/10014516895
Transition economies in Central and Eastern Europe have already completed the initial stabilization reforms and initiated the process of accession to European political and economic structures. Nonetheless, consensus exists that transition reforms are not complete. The state continues to exhibit...
Persistent link: https://www.econbiz.de/10009430002
Through the remarkable growth of over a decade China's rural industry has already become an important pillar of its national economy. The primary goal of this dissertation is to place China's rural industry in a historical and a market economic perspective in an efforts to link its rapid...
Persistent link: https://www.econbiz.de/10009431390
This dissertation extends previous research on bubbles by investigating whether changes in the financial asset prices of the S&P500 reflect changes in fundamentals. We propose that if this is not the case the volatility is due to a bubble. Hence, this is the general hypothesis from which several...
Persistent link: https://www.econbiz.de/10009431432
This thesis takes a theoretical and analytical look at the implicit prices of housing characteristics in a South Florida submarket. Chapter II analyzes some of the vast body of previous studies that employ Econometric Techniques. Chapter III presents the information revealed by an examination of...
Persistent link: https://www.econbiz.de/10009431435
This thesis examines as well as compares three oligopoly models. In Seade (1980), the effect of entry on outputs and profits is analyzed. Firms may respond to entry in a perverse way by increasing their outputs. The equilibrium price set by firms always rests above marginal costs. In Perloff and...
Persistent link: https://www.econbiz.de/10009431442