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- Disastrous Policies in Greek Tertiary Education
- Grexit is catastrophic for Greece
- Towards a theory on the causes of the Greek depression and its implications for understanding the Eurozone crisis
- The euro’s leverage of competitiveness and its significance for the contrasting economic performance of Germany and Greece
- Plus ça change, plus c’est la même chose
Founding members
Costas AzariadisWashington University at St. LouisHarris DellasUniversity of BernNicholas EconomidesNew York UniversityJohn GeanakoplosYale UniversityMichael Haliassos (Editor)Goethe University FrankfurtYannis Ioannides (Editor)Tufts UniversityCostas MeghirYale University and University College LondonChris PissaridesLondon School of EconomicsThanasis Stengos (Editor)University of GuelphDimitri VayanosLondon School of EconomicsNikos VettasAthens University of Economics and BusinessOther Contributors
Michael ArghyrouUniversity of Cardiff
Nikolaos ArtavanisVirginia Tech
Manthos DelisCity University
Jacques DelplaConseil d’Analyse Economique, Paris
Manolis GalenianosRoyal Holloway, University of London
Nikos GeorgantzisJaume I University and University of Granada
Gikas HardouvelisUniversity of Piraeus
Dimitris HatzinikolaouUniversity of Ioannina
Chrysafis IordanoglouPanteion University
Pantelis KammasUniversity of Ioannina
Loukas KarabarbounisUniversity of Chicago
Yannis KatsoulakosAthens University of Economics and Business
Alexandros KontonikasUniversity of Glasgow
Christos KotsogiannisUniversity of Exeter
Andreas KoutrasIn Touch Capital Markets
Miltiadis MakrisUniversity of Southampton
Spyros PagratisAthens University of Economics and Business
Elias PapaioannouDartmouth College
Manolis PetrakisUniversity of Crete
Vasiliki SkretaNew York University
Margarita TsoutsouraUniversity of Chicago
Category Archives: Macroeconomics
The Greek Crisis: Origins and Implications
This paper argues that the deep causes of the Greek and Eurozone crisis are the large external imbalances (trade deficits) of the countries of the European periphery. Their fiscal imbalances exacerbated but did not cause the crisis and therefore fiscal … Continue reading
Industrialization: A Special Feature of Greece
Professor John Spraos, a distinguished Greek economist, Professor Emeritus at University College London and former economic adviser to Prime Minister Constantinos Simitis, kindly agreed to contribute to our blog. He writes: I was discussing industrialisation with Michalis Haliassos and he … Continue reading
Panel discussion on “GREXITING the economic crisis”
On March 6, 2013, a panel discussion on the Greek economic crisis took place at the London School of Economics. This was part of a broader set of events taking place during the week of March 4-8, as part of … Continue reading
Salary Cuts and Competitiveness
Promotion of competitiveness in the international market for goods and services, especially for fiscally troubled countries, is both an objective of European Union policies and a prerequisite for the longer-run viability and repayment of public debt. Massive horizontal salary cuts … Continue reading
Debt write-off as a mechanism to incentivize structural reforms
Greece’s public debt is projected to rise to 189% of GDP in 2013. This debt level is unsustainable and a write-off will be needed. Some among Greece’s foreign partners are concerned that a write-off will ease the pressure on Greek … Continue reading
Posted in Banking and finance, Europe, Macroeconomics, Public finance
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Restructuring, roll-over, moratorium
In the next few weeks the ECB/EU/IMF Troika will deliver its report on the implementation progress and compliance of Greece. On the basis of this report the EU and the IMF will decide whether to release the jumbo instalment of … Continue reading
Posted in Banking and finance, Europe, Macroeconomics, Public finance
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Speech by Chris Pissarides on “Fiscal crisis and economic restructuring: lessons for the labour market”
In a talk in Athens on 5 October 2012, Chris Pissarides analyzed the causes of the global financial crisis, as well as of the crisis in Greece and Cyprus. A large part of his talk focused on the relationship between … Continue reading
Posted in Education, Europe, Labour market, Macroeconomics, Public finance, Uncategorized
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Quo vadis Graecia?
Where goest thou Greece? While the Greek economy is falling off the proverbial cliff, this question stays on the mind of world leaders, keeps Brussels bureaucrats awake at night, and intrudes on the daily lives of 4 million Greek households. … Continue reading
Germany must lead or pull the plug: Greek Economists for Reform interviewed in Die Welt
German newspaper Die Welt interviewed three founding members of Greek Economists for Reform in its issue of June 28, 2012, coinciding with the important European Summit. The newspaper noted that numerous economists around the world express views on Greece and … Continue reading
Renegotiation of Memorandum Terms is a Red Flag for International Partners
In a radio interview to the station ‘Athina 9.84’, Michael Haliassos points out the dead end for which Greece is headed when it sets renegotiation of terms as its objective while the international partners stress the need to stick to … Continue reading