The paper estimates inflation persistence in Greece from 1975 to 2003, a period of high variation in inflation and … coefficient (RC) modelling, and vector autoregressive (VAR) modelling, are employed to estimate inflation persistence. The … empirical results from all the procedures suggest that inflation persistence was high during the inflationary period and the …

The paper estimates inflation persistence in Greece from 1975 to 2003, a period of high variation in inflation and … coefficient (RC) modelling, are employed to estimate inflation persistence. The empirical results from all the procedures suggest … that inflation persistence was high during the inflationary period and the first six years of the disinflationary period …

that, making the bank inflation averse and/or attentive towards the countries' economic developments is undesirable in this …

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 …