convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece. …

-economic cycle model in the case of Greece and to identify the type of this cycle. The basement is given by the approach of Alesina … variables such as gross domestic product, unemployment rate and inflation rate. The eight linear regression models are developed … election is not proved for the case of Greece. …