Showing 1 - 10 of 95
Using a sample of bank loans to firms operating in the tourism industry for the period 2010-2015, and regional variation of tourism activities to identify the strategic defaulted firms, we examine the impact of Greek banks consolidation on the firms’ payment behavior. We show that a...
Persistent link: https://www.econbiz.de/10014078069
structuralreforms that took place in the gasoline market and the large fall in income, which characteriseconsumers’ behaviour in the … symmetric behaviour just for the crisis period. This mayreflect competitive behaviour by suppliers who had to interact in a low … behaviour who had to deal with a severe fall in their income …
Persistent link: https://www.econbiz.de/10014078076
The aim of this study is to assess whether fuel prices in Greece respond asymmetrically to changes in the global oil … asymmetric behaviour relatively to changes in the refineries’ fuel prices. Our findings show that the Greek fuel retailers do not … change their mark-up behaviour based on changes of the refined fuel price. By contrast, the asymmetric behaviour is evident …
Persistent link: https://www.econbiz.de/10014078078
despite the regulatory framework remaining unchanged - since Greece was the first traditional maritime country to introduce …
Persistent link: https://www.econbiz.de/10014078081
Greece’s economic performance during the last fourty years. We focus on the period 1979‐2001. According to Kehoe and Prescott …
Persistent link: https://www.econbiz.de/10014078153
work are evidenced and emphasized. The data set comprises time series on monthly external trade statistics for Greece …
Persistent link: https://www.econbiz.de/10014078157
This paper reviews the fiscal developments that led Greece from a successful convergence process and the adoption of …
Persistent link: https://www.econbiz.de/10014078158
This chapter reviews the growing empirical literature that explores the determinants of export prices at the firm level. It first presents evidence from empirical studies that link firm export pricing to destination characteristics (‘gravity-type’ models). The main implications of channels...
Persistent link: https://www.econbiz.de/10014078161
particular tax– policy on economic activity and tax revenue. We add an informal sector to the Bank of Greece DSGE model and use … the actual package of fiscal consolidation implemented in Greece over the period 2010–2015 to evaluate the role of the … underground economy seems to have been a key factor in Greece’s failure to achieve orderly debt consolidation while avoiding …
Persistent link: https://www.econbiz.de/10014078167
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