We scrutinize the role of capital flows in competitiveness in a set of seven euro-area member countries (Estonia …, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A … specific focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets …

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real … convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece. …

sieben Mitgliedsländern der Eurozone (Griechenland, Portugal, Estland, Lettland, Litauen, Slowenien und die Slowakei) im …We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing …

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real … convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece …

We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …

sample covers Greece in 1989-2020 and Italy in 1989-2020. Findings - The research presented the estimation of shadow exchange …Aim/purpose - The aim of this paper is to present two cases of crises in Greece and Italy and to evaluate the shadow … rates EUR/GRD and EUR/ITL during the euro zone membership period. Leaving the euro area one can expect the following market …

shares the same currency with Germany, the de facto center country of eurozone, findings indicate that problems in Greece …This paper explores primarily the level of international competitiveness of Greece and the degree of fit between the … conditions prescribed by the optimal currency areas (OCA) theory with the actual situation in Greece. Given that Greece now …

This article looks at the evolution of the Target balance of the Greek central bank. It is shown that in the first 18 … spring 2010 onwards, there has been a slowburning bank run. Greek depositors converted their deposits into cash or … transferred them to core countries such as Germany. Without the help of the Eurosystem, such a massive withdrawal would have led …

haircut increases are simulated. Insufficient Eurosystem funding could lead Greece to abandon the euro zone …