The analysis given here presents the lagal framwork for competition policy in Greece. Over the last twenty years various competition policy previsions have appeared. Greece, however, has yet to achieve an effective competition policy.

A model of optimal car replacement is developed and used to examine the impact of alternative policy measures on the optimal car replacement time and on total emissions of pollutants, when environment policy takes the form of: (i) reduced taxes on purchaso of "clean" cars, (ii) administrative...

In this paper we examine the past performance of the Greek economy in some detail, and we try to provide a few answers to the question of why growth slowed so dramatically.

The findings of the paper point to the fact that the fixed exchange rate regimes did not operateas an effective shield of protection from currency strains and transformational recessions.

The Envelope Theorem is shown to involve comparaisons between the performance of the optimal policy and that of alternative policies, which satisfy the constraints of the problem and may also have other features.

This paper provides a unifying framework in which identified offset and sterilisation equations can be derived and estimated. The theoretical model suggests that, in the case where the central bank cares about bouth external and internal goals and capital is less than perfectly mobile, there...

Structural weaknesses of the real Cyprus economy, according to recent data of her five year development plans place her in the objective one EU members i.e. island and peripheral region. In this respect Cyprus could benefit primarily from the EU Structural Funds and Community initiatives at a...

The aim of this paper is to identify the factors that determine the survival of new firms in Greek manufacturing in the 1982-1992 period.

This paper formalizes the link among electoral uncertainty, fiscal policy and economic growth. The setup is a dynamic general equilibrium model of optimal growth and fiscal policy, in which fiscal policy is endogenized through a game between two political parties that can alternate in power.

The aim of this paper is to improve our understanding of the empirical determinants of firm growth by extending the literature to include new groups of variables, namely sunk costs, financial structure and multinationality as well as by using more appropriate econometric techniques.