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Unemployment Persistence Mechanisms and Stabilisation Policy: Greece on the Way to EMU

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Author Info

  • Demopoulos, G.D.
  • Kapopoulos, P.T.
  • Lazaretou, S.

Abstract

The unemployment rate in Greece rose from a mere 2.2% in the 1970s to 6.4% in the 1980s and 10% approximately in the mid-1990s. Currently, it gravitates around that level. In this paper we present the stylized facts of unemployment in Greece and examine the causes of its abrupt increse in the early 1980s and 1990s.

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Bibliographic Info

Paper provided by Athens University of Economics and Business in its series DEOS Working Papers with number 100.

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Length: 18 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:aue:wpaper:100

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Keywords: UNEMPLOYMENT ; ECONOMIC INTEGRATION;

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