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The Greek Great Depression : A General Equilibrium Study of its Drivers

Economides, George; Papageorgiou, Dimitris; … - 2022

This paper provides a quantitative study of the main determinants of the Greek great depression since 2010. We use a medium-scale DSGE model calibrated to the Greek economy between 2000 and 2009 (the euphoria years that followed the adoption of the euro). Then, departing from 2010, our...

Persistent link: https://www.econbiz.de/10014078168

The impact of recent economic crises on income inequality and the risk of poverty in Greece

Petrakos, George; Rontos, Kōnstantinos; Vavoura, Chara; … - In: Economies : open access journal 11 (2023) 6, pp. 1-23

one following the COVID-19 pandemic, on income inequality and the risk of poverty in Greece. To this end, we also …

Persistent link: https://www.econbiz.de/10014321081

Is Greece turning the corner? : a theory-based assessment of recent Greek macro-policy

Arghyrou, Michael Georgiou - 2014

a credible platform for achieving sustainable growth. We argue that Greece has entered the process of economic recovery …, but this is still fragile and exposed to risks. Overall, we support the continued participation of Greece to the euro … institutional performance are; and both these objectives are better served for Greece within the EMU rather than outside. …

Persistent link: https://www.econbiz.de/10010406209

Is Greece turning the corner? : a theory-based assessment of recent Greek macro-policy

Arghyrou, Michael Georgiou - 2014

macroeconomics. The current policy, however, provides a credible platform for sustainable growth. Greece has entered the process of …-se determining growth, supply-side reforms and institutional performance are; and for Greece both are better served within the EMU …

Persistent link: https://www.econbiz.de/10010412757

An Empirical Investigation of the Relationship between Unit Labor Cost and Price Developments : The Case of Greece

Bragoudakis, Zacharias - 2018

In recent years, the rate of change of prices in the Greek economy does not seem to react proportionately to large reductions in wage costs cuts in the effort for fiscal consolidation and improving competitiveness. The disconnection between of price and wage developments makes harder the...

Persistent link: https://www.econbiz.de/10012937460

Measuring Greek Debt : The Difference between Market and Credit Perspectives

Ellis, Colin - 2018

It is likely to be several decades before data on government assets, off-balance sheet and contingent liabilities are consistently available across a wide range of countries. In the absence of data, GDP is a readily available scaling factor, but official sector agencies such as the IMF and...

Persistent link: https://www.econbiz.de/10012909603