The paper studies the dynamic interactions among indicators of economic activity, such as industrial production, interest rate and exchange rate, the performance of the foreign stock market, oil prices, and stock returns to examine whether economic activity movements affect the performance of...

Over the past decades, due to a combination of declining fertility rates and rising life expectancies, most industrialized countries have experienced aging populations and low numbers of young populations that may pose economic problems in the future. This paper investigates the relationship...

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 savings...

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...