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This paper investigates the unemployment effects of fiscal policy in Greece based on the SVAR methodology. We find evidence that the unemployment and growth effects can be quite sizeable in case of cuts in government purchases and in particular government consumption and to a lesser extent...
Persistent link: https://www.econbiz.de/10010331951
In this paper, we investigate the unemployment dynamics and the determinants of the Beveridge curve in Greece. The economic recession alongside labor market reforms raised the inflow rate to and decreased the outflow rate from unemployment in the early crisis years. The gradual normalization of...
Persistent link: https://www.econbiz.de/10011991895