Unemployment Persistence Mechanisms and Stabilisation Policy: Greece on the Way to EMU
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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|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: Athens University of Economics and Business, Department of International and European Economic Studies. Parission 76, Athens Greece 10434|
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