Exchange Rate regimes, Political Parties, and the Inflation-Unemployment Tradeoff: Evidence From Greece
AbstractWe use Greek data during 1960-1994 to test and estimate a model in which wage inflation, price inflation and unemployment depend on the exchange rate regime, the identity of the political party in power and whether an election is expected to take place.
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Bibliographic InfoPaper provided by Athens University of Economics and Business in its series DEOS Working Papers with number 97-05.
Length: 25 pages
Date of creation: 1997
Date of revision:
EXCHANGE RATE ; INFLATION ; BUSINESS CYCLES ; UNIT ROOTS;
Find related papers by JEL classification:
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- F30 - International Economics - - International Finance - - - General
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