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Despite rising unemployment and a lack of economic growth,Greece cannot afford to ignore the challenge of controllinginflation.

Apergis, Nicholas (2012) Despite rising unemployment and a lack of economic growth,Greece cannot afford to ignore the challenge of controllinginflation. LSE European Politics and Policy (EUROPP) Blog (25 Oct 2012). Blog Entry.

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Abstract

Since the beginning of the eurozone crisis, Greece has experienced a sharp fall in GDP and a large increase in unemployment. Nicholas Apergis argues that another policy challenge facing Greece is also highly significant: controlling inflation. Assessing the inflation dynamics within the country between 1981 and 2009, he outlines three dynamics important to understanding Greek inflation: inflation persistence, inflation spillovers between sectors of the economy, and the domestic ‘Balassa-Samuelson’ effect.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog
Additional Information: © 2012 The Author
Subjects: H Social Sciences > HG Finance
J Political Science > JA Political science (General)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 09 May 2013 14:24
Last Modified: 09 May 2013 14:24
URI: http://eprints.lse.ac.uk/id/eprint/49917

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