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The Effects of Macroeconomic Aggregates on Employment Levels in Greece: A Causal Analysis

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  • Michael Chletsos
  • Christos Kollias

Abstract

This paper, using the technique of cointegration and error correction investigates the presence of a causal relationship between employment levels and key macroeconomic variables in Greece during the period 1960-92. The results reported here suggest the presence of such a relationship only in the case of secondary and non-agricultural gross output as well as military spending. Copyright Fondazione Giacomo Brodolini and Blackwell Publishers Ltd 1997.

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Bibliographic Info

Article provided by CEIS in its journal Labour.

Volume (Year): 11 (1997)
Issue (Month): 3 (November)
Pages: 437-448

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Handle: RePEc:bla:labour:v:11:y:1997:i:3:p:437-448

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Cited by:
  1. Afsin Sahin & Aysit Tansel & M.Hakan Berument, 2013. "Output-Employment Relationship across Sectors:A Long- versus Short-Run Perspective," ERC Working Papers 1305, ERC - Economic Research Center, Middle East Technical University, revised May 2013.
  2. Jurgen Brauer, 2002. "Survey and Review of the Defense Economics Literature on Greece and Turkey: What Have We Learned?," Defence and Peace Economics, Taylor & Francis Journals, vol. 13(2), pages 85-107.

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