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This study provides estimates of economic uncertainty and inflation uncertainty for the Greek economy and considers … their time-varying impact on the corresponding macroeconomic variables, i.e. GDP growth and inflation. The authors find that …
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nominal and real macroeconomic variables in Greece, under different exchange rate systems and varying fiscal regimes. Secondly … former, prices have played a central role between nominal and real variables while verifying evidence on inflation …
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with that of high-inflation developing countries. In general, the behavior of key macroeconomic variables inflation, output … observed in developing countries, although some resemblance to this pattern could be found in Italy in 1987-92 and Greece in …
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