Until recently, Mediterranean countries were called on by European Union officials to
provide for a “less-rigid” regulatory framework, in order to enhance “flexicurity”. This paper …

The paper discusses the trajectories of the Greek public deficit and sovereign debt between
1980 and 2010 and its connection to the political and economic environment of the same …

The European economy has finally started growing again, but the news to date is hardly
cause for celebration. The European standard of living as measured by gross domestic …

Greece's currently planned institutional reforms will help to get the country going with limited
economic growth. With an economy based primarily on tourism, trade, and agriculture …

The paper consists of two parts. In the first part, a short review of the crisis in the Eurozone in
2008 and of the measures which have been taken is provided. The second part outlines the …

In this paper, using a dynamic panel of 21 OECD countries, we find that, unlike the other
OECD countries in the sample, wage setting institutions, competition conditions, public …

This paper focuses on the performance of the Greek economy during the period 1979–2001.
Following the work of Cole and Ohanian (1999) and Kehoe and Prescott (2002, 2007) this …

In this paper, we develop a neoclassical growth model of market and political power
interactions that captures the main features of the economic and political system of Greece …

The vortex of the financial crisis that struck European countries did not impact them as it has
primarily affected the Mediterranean periphery. Instead, Greece was the prominent victim …

This paper examines the issue of accumulation dynamics of the Greek Public Debt between
1981 and Greece's entry into the Eurozone on 1 January 2001. The author argues that the …