Examines the causality issue, in a Granger‐temporal causal sense, between price level and productivity in a bivariate and multivariate context in Greece over the period 1962‐1997. The empirical analysis employs various time‐series techniques such as unit‐root testing, bivariate and...

Purpose – To study the dynamic relationship between saving‐investment in Greece during a period of structural changes with policy regime changes employing different methods of estimation. Design/methodology/approach – Different empirical methods are used to estimate the time varying...