This paper investigates the short run as well the long run relationships between money supply, inflation, government expenditure and economic growth by employing the Error Correction Mechanism (ECM) and Johansen co-integration test respectively for the case of Cyprus using annual data from 1980...

This paper investigates the short run as well the long run relationships between money supply, inflation, government expenditure and economic growth by employing the Error Correction Mechanism (ECM) and Johansen co-integration test respectively for the case of Cyprus using annual data from 1980...

This paper investigates the causal links between budget deficit (BD) and other macroeconomic variables such as Consumer Price Index (CPI), Gross Domestic Product (GDP) and Nominal Effective Exchange Rate (NEER) for Greece, during the period 1980-2009. Empirical evidence based on Variance Error...