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Money supply, consumption and deregulation: the case of Greece

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  • Nicholas Apergis
  • Erotokritos Varelas
  • Kostas Velentzas

Abstract

This paper investigates empirically the impact of monetary deregulation that occurred in 1988 on the relationship betwen consumption and money supply in Greece. The results provide evidence that the deregulation has significantly affected the behaviour of consumption.

Suggested Citation

  • Nicholas Apergis & Erotokritos Varelas & Kostas Velentzas, 2000. "Money supply, consumption and deregulation: the case of Greece," Applied Economics Letters, Taylor & Francis Journals, vol. 7(6), pages 385-390.
    • Handle: RePEc:taf:apeclt:v:7:y:2000:i:6:p:385-390
    DOI: 10.1080/135048500351320
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    References listed on IDEAS

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    3. Bayoumi, Tamim A, 1993. "Financial Deregulation and Consumption in the United Kingdom," The Review of Economics and Statistics, MIT Press, vol. 75(3), pages 536-539, August.
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    Cited by:

    1. Nikolaos Mylonidis, 2003. "Financial variables as leading indicators in Greece," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 9(4), pages 268-278, November.
    2. Konstantinos Drakos, 2002. "Myopia, Liquidity Constraints, and Aggregate Consumption: The Case of Greece," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 27(1), pages 97-105, June.

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