Fokas, Ε., Bozhilova, D., Vraniali, E., Prasopoulou E. and Chalari, A., (2013), Social Issues in Focus: New Generation Research on a Changing Greece, Athens: KERKYRA Publications SA – Economia Publishing. An LSE Collection of five papers of postdoc students of the “A.C. Laskaridis Post-Doctoral Fellowship”. The introduction of the current volume is written by Prof. Kevin Featherstone (Eleftherios Venizelos Professor of Contemporary Greek Studies and Professor of European Politics at …Read More
On graduation from fiscal procyclicality
Frankel, J., Vegh, C. and Vuletin, G., (2013), “On graduation from fiscal procyclicality”, Journal of Development Economics, 100(1):32-47. In the past, industrial countries have tended to pursue countercyclical or, at worst, acyclical fiscal policy. In sharp contrast, emerging and developing countries have followed procyclical fiscal policy, thus exacerbating the underlying business cycle. We show that, over the last decade, about a third of the developing world has been able to …Read More
State Crisis and Civil Consciousness in Greece
Marangudakis, M., Rontos, K. and Xenitidou, M., (2013), “State Crisis and Civil Consciousness in Greece”, Hellenic Observatory Papers on Greece and Southeast Europe, GreeSE Paper No.77, Οκτώβριος. This is a sociological study of the self in modern Greece. Based upon a pilot study of social and political attitudes in Greece today, the study probes the sources of the moral self and of the internalized cosmological and ontological principles in Greece …Read More
Greek Fiscal Crisis and Repercussions for the Property Market
Vlamis, P., (2013), “Greek Fiscal Crisis and Repercussions for the Property Market”, Hellenic Observatory Papers on Greece and Southeast Europe, GreeSE Paper No.76, Σεπτέμβριος. The aim of the paper is to present a review of the fiscal imbalances and debt crisis in Greece and identify the possible links with the recent developments in the Greek property market. We follow a non-technical approach to discuss a number of factors that have …Read More
Greece in Recession: Economic predictions, mispredictions and policy implications
Petralias, A., Petros, S. and Prodromidis, P., (2013), “Greece in Recession: Economic predictions, mispredictions and policy implications”, Hellenic Observatory Papers on Greece and Southeast Europe, GreeSE Paper No.75, Σεπτέμβριος. We look into the available macroeconomic figures and the predictions made about the recession in Greece by international organizations, Greek research centers, and the Greek government; and suggest that the predictions regarding the decline in real GDP in recent years were …Read More
A Panacea for all Times? The German Stability Culture as Strategic Political Resource
Howarth, David, Rommerskirchen, Charlotte, (2013), “A Panacea for all Times? The German Stability Culture as Strategic Political Resource”, West European Politics, Vol. 36, Issue 4, August 2013, p.p. 750-770 The German Stability Culture is frequently pointed to in the literature as the source of the country’s low inflation policies and, at the European Union level, the design of Economic and Monetary Union (EMU). In Germany, the term was regularly wielded …Read More
The Distributional Effects of Fiscal Consolidation
Ball, L., Furceri, D., Leigh, D., & Loungani, Pr., (2013), “The Distributional Effects of Fiscal Consolidation”, IMF Working Paper, N.,13/151. This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978–2009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage income shares and increasing long-term unemployment. The evidence also suggests …Read More
Το ζήτημα της προβλέψεως του πραγματικού ΑΕΠ για το έτος 2013 και μερικές πρώτες εκτιμήσεις για το εύρος του
Πετραλιάς, A., (2013). «Το ζήτημα της προβλέψεως του πραγματικού ΑΕΠ για το έτος 2013 και μερικές πρώτες εκτιμήσεις για το εύρος του.» Οικονομικές Εξελίξεις, 21: 82-94. (Σε συνεργασία με τους Πρόδρομο Προδρομίδη και Σωτήριο Πέτρο.) Εξετάζονται οι πρώιμες, προκαταρκτικές προβλέψεις που έχουν διατυπωθεί για την πορεία της οικονομίας το 2013 και επιχειρούνται νέες για το πιθανό εύρος της ύφεσης μέσω διαφορετικών υποδειγμάτων.
Η εξελισσόμενη σχέση ΑΕΠ-ανεργίας και η κατανομή πόρων του ΕΣΠΑ στην Ελλάδα
Πετραλιάς, A., (2013). «Η εξελισσόμενη σχέση ΑΕΠ-ανεργίας και η κατανομή πόρων του ΕΣΠΑ στην Ελλάδα.». Οικονομικές Εξελίξεις, 21: 33-39. (Σε συνεργασία με τους Πρόδρομο Προδρομίδη και Σωτήριο Πέτρο.) Εξετάζεται η λειτουργία του ο Νόμου του Okun στην Ελλάδα κατά το πρόσφατο χρονικό διάστημα και διαπιστώνεται ουσιώδης αλλαγή από την εποχή που υπεγράφη το Μνημόνιο συνεργασίας με την ΕΕ, την ΕΚΤ και το ΔΝΤ. Το εύρημα αυτό υπαγορεύει αλλαγή στον σχεδιασμό οικονομικής πολιτικής …Read More
From Grexit to Growth: On Fiscal Multipliers and How to End Recession in Greece
Nicos, Christodoulakis, (2013), “From Grexit to Growth: On Fiscal Multipliers and How to End Recession in Greece”, National Institute Economic Review, No. 224, pp.66-76. Three years after the implementation of the Adjustment Programme for Greece, public debt remains at unsustainable levels. Despite recent improvements in meeting deficit targets and the fact that the risk of exit from the Euro Area has subsided, growth is still missing and unemployment has …Read More