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has been cited by the following article:
TITLE: Switch to Devalued Drachma and Cost-Push Inflation: A Simple Input-Output Approach to the Greek Case
AUTHORS: Apostolis Katsinos, Theodore Mariolis
KEYWORDS: Cost-Push Inflation; Drachma Devaluation; Dynamic Input-Output Price Models; Greek Economy; International Competitiveness
JOURNAL NAME: Modern Economy, Vol.3 No.2, March 28, 2012
ABSTRACT: This paper uses simple dynamic input-output price models to estimate the effects of a switch to devalued drachma on the cost-inflation rate in the Greek economy. The findings suggest that the inflationary “pressures” are not too high and, therefore, there is room for trade-balance improvement.