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Exchange Rate regimes, Political Parties, and the Inflation-Unemployment Tradeoff: Evidence From Greece

Author

Listed:
  • Lee, D.H.
  • Philippopoulos, A.

Abstract

We 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.

Suggested Citation

  • Lee, D.H. & Philippopoulos, A., 1997. "Exchange Rate regimes, Political Parties, and the Inflation-Unemployment Tradeoff: Evidence From Greece," DEOS Working Papers 0097-05, Athens University of Economics and Business.
    • Handle: RePEc:aue:wpaper:0097-05
    as

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    More about this item

    Keywords

    EXCHANGE RATE ; INFLATION ; BUSINESS CYCLES ; UNIT ROOTS;
    All these keywords.

    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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