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 multivariate...

This paper assesses empirically the relationship between the development of the banking system and the stock market and economic performance for the case of Greece over the period 1986-1999. Greece is a medium sized EU country where the financial liberalization process started back in the early...

In theoretical and Empirical macroeconomics the dynamic interrelations between economic performance and fiscal and monetary policies is a crusial and controversial one. Different macroeconomic schools of though have provided different explanations for the realtionship among the variables.This...

This paper investigates the linkages among demographic changes (fertility choice, marriage decision and mortality), real wages and real output in Greece over the period 1960--1998. The results show that in the long run a decrease in infant mortality rates, taking into consideration economic...