The paper develops a two-good, small country, general equilibrium trade model with endogenous labour supply, where trade is restricted by a tariff or an import quota. Within this framework, it is shown that, contrary to Anam (1989), under an import quota domestic and world prices may vary in the...

The Envelope Theorem is showm to involve comparisons 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. The theorem is activated whenever parameter values are such that the extreme value...

This paper investigates if, and how, aternative bargaining agentas may sustain (or, emerge) endogenously, under conditions of centralized wage bargaining, in industries with market power. The wage & employment bargains agenta ("Efficient Bargains") is shown to be a strategic device to induce...

The purpose of this paper is to invetigate the demand and its composition between home-produced and imported for alcoholic beverages in Cyprus.

The objective of the study is to inquest the nature and direction of causality among public sector size, economic growth and macroeconomic state of the economy.

Ten countries with economies in transition and two market economies are negotiating full membership with the EU. The purpose of this paper is to consider the economic dimension of the forthcoming enlargement of the EU, especially on the characteristics of the economies in transition and on the...

This paper describes various characteristics of illegal migrants in Greece, i.e. country of original marital status, age, sex, education and occupation, as they are reported in their application forms for residence and work permit. It also examines the factors that may affect the migrants choice...

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 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.