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Working Paper series

The Working Paper series disseminates high quality research in diverse topics in areas of interest to the Bank.


Boosting confidence: is there a role for fiscal policy?
No. 113, April 2010
Authors:
Panagiotis Konstantinou
Athanasios Tagkalakis

Abstract

Bretton-Woods systems, old and new, and the rotation of exchange-rate regimes
No.112 April 2010
Authors:
Stephen G. Hall
George Hondroyiannis
P.A.V.B Swamy
George S. Tavlas

Abstract

Analyzing and comparing the impact of alternative concepts of resources in distributional studies: Greece, 2004/5
No.111, March 2010
Authors:
Theodore Mitrakos (tmitrakos@bankofgreece.gr)
Panos Tsakloglou

Abstract

Downward nominal and real wage rigidity: survey evidence from European firms
No. 110, February 2010
Authors:
Jan Babecký
Philip Du Caju
Theodora Kosma (
tkosma@bankofgreece.gr)
Martina Lawless
Julián Messina
Tairi Rõõm

Abstract

“Assessing market dominance”: a comment and an extension
No. 109, January 2010
Authors:
Vassilis Droucopoulos
Panagiotis Chronis

Abstract

The margins of labour cost adjustment: survey evidence from European firms
No. 108, December 2009
Authors:
Jan Babecký
Philip Du Caju
Theodora Kosma
Martina Lawless
Julián Messina
Tairi Rõõm

Abstract

An alternative methodological approach to assess the predictive performance of the moving average trading rule in financial markets: application to the London Stock Exchange.
No.107, December 2009
Authors:
Alexandros E. Milionis
Evangelia Papanagiotou

Abstract

The effect of asset price volatility on fiscal policy outcomes
No.106, November 2009
Author:
Athanasios Tagkalakis

Abstract

Money supply and Greek historical monetary statistics: definition, construction, sources and data
No.105 November 2009
Author:

Sophia Lazaretou
Published in : Économies et Sociétés, no 41, 2010, 47-67.

Abstract

Fiscal adjustments and asset price movements
No.104 October 2009
Author:
Athanasios Tagkalakis

Abstract

Benchmark bonds interactions under regime shifts
No.103, September 2009
Authors:
Dimitris A. Georgoutsos
Petros M. Migiakis

Forthcoming in: European Financial Management.

Abstract

An optimum-currency-area odyssey
No. 102, September 2009
Authors:
Harris Dellas
George S. Tavlas

Abstract

Bank heterogeneity and monetary policy transmission
No. 101, September 2009
Authors:
Sophocles N.  Brissimis (sbrissimis@bankofgreece.gr)
Manthos D. Delis

Abstract

Revisiting the merger and acquisition performance of European banks
No. 100, August 2009
Authors:
Ioannis Asimakopoulos (
Iasimakopoulos@bankofgreece.gr)
Panayiotis P. Athanasoglou (
Pathanasoglou@bankogreece.gr)

Abstract

Optimum Currency Areas Structural Changes and the Endogeneity of the OCA Criteria:evidence from Six New EU Member Sastates
No. 99, July 2009
Author:
Dimitriοs Sideris (dsiderhs@bankofgreece.gr)

Abstract

The Greek Current Account Deficit : Is It Sustainable After All?
No.98, June 2009
Authors:
George A. Zombanakis (e-mail: gzombanakis@bankofgreece.gr)
Constantinos Stylianou
Andreas S. Andreou

Abstract

Macroeconomic Implications of Alternative Tax Regimes: The Case of Greece
No.97, May 2009
Author:
Dimitris Papageorgiou (e-mail: dpapag@aueb.gr)

Abstract

Fertility Determinants and Economic Uncertainty:An Assessment Using European Panel Data
No.96, April 2009
Authors:
George Hondroyiannis (email: ghondroyiannis@bankofgreece.gr)
Forthcoming in: Journal of Family and Economic Issues.

Abstract

Modeling Distortionary Taxation
No.95, March 2009
Authors:
Panagiotis Chronis (e-mail: pchronis@bankofgreece.gr)

Abstract

Monetary Time Series of Southeastern Europe from the 1870s to 1914
No.94, February 2009
Authors:
Members of the SEEMHN data collection task force
with a foreword by Michael Bordo
and an introduction by Matthias Morys

Abstract

Bank-Level Estimates of Market Power
No.93, January 2009
Authors:
Sophocles N. Brissimis (e-mail:sbrissimis@bankofgreece.gr)

Manthos D. Delis

Abstract

Assessing Output and Productivity Growth in the Banking Industry
No.92, November 2008
Authors:
Panayiotis P. Athanasoglou (e-mail: pathanasoglou@bankofgreece.gr)
Evangelia A. Georgiou
Christos C. Staikouras

Abstract

A Note on the Use of Moving Average Trading Rules to Test For Weak from Efficiency in Capital Markets
No.91, October 2008
Authors:
Alexandros E. Milionis (e-mail: amilionis@aegean.gr
)
Evangelia Papanagiotou

Abstract

The Classification and Perfomance of Alternative Exchange-Rate Systems
No.90, September 2008
Authors:
George Tavlas (e-mail: gtavlas@bankofgreece.gr
)
Harris Dellas
Alan Stockman

Abstract

Institutions Matter: Financial Supervision Architecture, Central Bank and Path Dependence. General Trends and the South Eastern European Countries
No.89, September 2008
Authors:
Donato Masciandaro (e-mail: donato.masciandaro@unibocconi.it
)
Marc Quintyn

Abstract

The National Bank of Romania and its Isuue of Banknotes between Necessity and Possibility, 1880 - 1914
No.88, July 2008
Authors:
George Virgil Stoenescu (e-mail: Virgiliu.Stoenescu@bnro.ro
)
Elisabeta Blejan
Brindusa Costache Adriana Iarovici Aloman

Abstract

Monetary Policy Objectives and Istruments used by the Privileged National Bank of the Kingdom of Serbia (1884 - 1914)
No.87, July 2008
Authors:
Milan Sojic (e-mail: milan.sojic@nbs.yu )
Ljiljana Djurdjevic (e-mail: ljiljana.djurdjevic@nbs.yu )

Abstract

Banking and Central Banking in Pre-WWII Grecce: Money and Currency Developments
No.86, July 2008
Author:
Sophia Lazaretou (e-mail: slazaretou@bankofgreece.gr
)

Abstract

Growing up to Financial Stability
No.85, July 2008
Author:
Michael D. Bordo (e-mail: bordo@econ.rutgers.edu
)

Abstract

Banking and Finance in South - Eastern Europe: The Albanian Case
No.84, July 2008
Authors:
Kliti Ceca (e-mail: kceca@bankofalbania.org
)
Kelmend Rexha
Elsida Orhan

Abstract

Banking in Turkey: History and Evolution
No.83, July 2008
Author:
Yuksel Gormez (e-mail: yuksel.gormez@tcmb.gov.tr
)

Abstract

The Evolution of Bulgarian Banks’ Efficiency During the Twenties: A Dea Approach
No.82, July 2008
Authors:
Nikolay Nenovsky (e-mail: nenovsky.n@bnbank.org
)
Martin Ivanov
Gergana Mihaylova

Abstract

Stabilization Policies in Bulgaria and Yugoslavia During Communism's Terminal Years : 1980s Economic Visions in Retrospect
No.81, July 2008
Authors:
Roumen Avramov (e-mail: roumen@cls-sofia.org )
Dragana Gnjatovic (e-mail: dgnjatovic@megatrend.edu.yu

Abstract

How Similar to South-Eastern Europe Were the Islands of Cyprus and Malta in Terms of Agricultural Output and Credit? Evidence During the Interwar Period
No.80, July 2008
Author:
Alexander Apostolides (e-mail: a.apostolides@lse.ac.uk
)

Abstract

Banking Performance in South-Eastern Europe During the Interwar Period
No.79, July 2008
Author:
Zarko Lazarevic (e-mail: zarko.lazarevic@inz.si
)

Abstract

Banking Transformation (1989 - 2006) in Central and Eastern Europe - with Special Reference to Balkans
No.78, June 2008
Author:
Stephan Barisitz (e-mail: stephan.barisitz@oenb.at or stbarisitz@aol.com )

Abstract

The Regulation and Supervision of the Belgian Financial System (1830 - 2005)
No.77, June 2008
Authors:
Erik Buyst (e-mail: Erik.Buyst@econ.kuleuven.ac.be )
Ivo Maes (e-mail: Ivo.Maes@nbb.be )

Abstract

The Banking Sector and the Great Depression in Bulgaria, 1924 - 1938: Interlocking and Financial Sector Profitability
No.76, June 2008
Author:
Kiril Danailov Kossev (e-mail: Kiril.kossev@nuffield.oxac.u
)

Abstract

Multiple Potential Payers and Sovereign Bond Prices
No.75, June 2008
Authors:
Kim Oosterlinck (e-mail: koosterl@ulb.ac.be
)
Loredana Ureche-Rangau (e-mail: loredana.ureche@u-picardie.fr
)

Abstract

Government Bankruptcy of Balkan Nations and their Consequences for Money and Inflation before 1914: A Comparative Analysis
No.74, June 2008
Author:
Peter Bernholz (e-mail: Peter.Bernholz@unibas.ch
)

Abstract

Exploring the Nexus between Banking Sector Reform and Performance: Evidence from Newly Acceded EU Countries
No.73, June 2008
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Manthos D. Delis
Nikolaos I. Papanikolaou
Published in: Journal of Banking and Finance, 2008, 32, pp. 2674-2683.

Abstract

An Affine Factor Model of the Greek Term Structure
No.72, May 2008
Author:
Hiona Balfoussia (e-mail: hbalfoussia@bankofgreece.gr
)

Abstract

Monetary and Fiscal Policy Interaction: What is the Role of the Transaction Cost of the Tax System in Stabilisation Policies?
No.71, May 2008
Authors:
Panagiotis Chronis (e-mail: pchronis@bankofgreece.gr
)
Aspassia Strantzalou

Abstract

The Benefits and Costs of Monetary Union in Southern Africa: A Critical Survey of the Literature
No.70, April 2008
Author:
George S. Tavlas (e-mail: gtavlas@bankofgreece.gr
)

Abstract

Price and Non - Price Competitiveness of Exports of Manufactures
No.69, April 2008
Authors:
Panayiotis P. Athanasoglou (e-mail: pathanasoglou@bankofgreece.gr
)
Ioanna C. Bardaka

Abstract

Modelling Household Expenditure on Health Care in Greece
No.68, March 2008
Authors:
Manos Matsaganis (e-mail: matsaganis@aueb.gr
)
Theodore Mitrakos
Panos Tsakloglou
Forthcoming in: European Journal of Health.

Abstract

Spatial Interdependencies of FDI Locations: A Lessening of the Tyranny of Distance?
No.67, March 2008
Authors:
Stephen G. Hall
Pavlos Petroulas (e-mail: ppetroulas@bankofgreece.gr
)

Abstract

Real Exchange Rates over a Century: The Case of the Drachma/Sterling Rate, 1833-1939
No.66, January 2008
Author:
Dimitrios Sideris (e-mail: dsideris@bankofgreece.gr
)

Abstract

Some Empirical Evidence on the Effects of U.S. Monetary Policy Shocks on Cross Exchange Rates

No.65, January 2008
Authors:
Sarantis Kalyvitis (e-mail: skalyvitis@aueb.gr )
Ifigeneia Skotida (e-mail: iskotida@bankofgreece.gr )


Abstract

Wagner's Law in 19th Century Greece: A Cointegration and Causality Analysis
No.64, December 2007
Author:
Dimitrios Sideris (e-mail: dsideris@bankofgreece.gr
)

Abstract

The Contribution of Sectoral Productivity Differentials to Inflation in Greece
No.63, November 2007
Authors:
Heather D Gibson (e-mail: hgibson@bankofgreece.gr
)
Jim Malley
Published in: Open Economies Review, vol.19, no.5, November 2008, pp. 629-650.

Abstract

Optimal Monetary Policy in the Euro Area in the Presence of Heterogeneity
No.62, November 2007
Authors:
Sophocles N. Brissimis
Ifigeneia Skotida (e-mail: iskotida@bankofgreece.gr
)
Published in: Journal of International Money and Finance, 2008, 27, pp. 209-226.

Abstract

A Portofolio Balance Approach to Euro-Area Money Demand in a Time-Varying Environment
No.61, October 2007
Authors:
Stephen G.Hall
George Hondroyiannis
P.A.V.B. Swamy
George S. Tavlas(e-mail: gtavlas@bankofgreece.gr
)

Abstract

Short -Term Capital Flows and Growth in Developed and Emerging Markets
No.60, May 2007
Author:
Pavlos Petroulas (e-mail: ppetroulas@bankofgreece.gr
)

Abstract

Home Bias and Purchasing Power Parity: Evidence from the G-7 Countries
No.59, April 2007
Authors:
Nikolaos Mylonidis
Dimitrios Sideris (e-mail: disideri@cc.uoi.gr
)
Forthcoming in: International Journal of Finance and Economics

Abstract

The Interaction between Mortgage Financing and Housing Prices in Greece
No.58, March 2007
Authors:
Sophocles N. Brissimis
Thomas Vlassopoulos (e-mail: thomas.vlassopoulos@ecb.int
)
Published in: Journal of Real Estate Finance and Economics, 2009, 39, pp. 146-164.

Abstract

The New Keynesian Phillips Curve and Lagged Inflation: A Case of Spurious Correlation?
No.57, February 2007
Authors:
George Hondroyiannis
P.A.V.B. Swamy
George S. Tavlas (e-mail: gtavlas@bankofgreece.gr
)

Abstract

Foreign Exchange Intervention and Equilibrium Real Exchange Rates
No.56, February 2007
Author:
Dimitrios A. Sideris (e-mail: disideri@cc.uoi.gr
)
Forthcoming in: Journal of International Financial Markets, Institutions and Money

Abstract

The Narrative Approach for the Identification of Monetary Policy Shocks in a Small Open Economy
No.55, February 2007
Author:
Eleni Angelopoulou (e-mail: eangelopoulou@bankofgreece.gr
)

Abstract

Identification of a Loan Supply Function: A Cross-Country Test for the Existence of a Bank Lending Channel
No.54, January 2007
Συγγραφείς:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Matthaios D. Delis
Published in: Journal of International Financial Markets, Institutions & Money, 2009, 19, pp. 321-335.

Abstract

The Balance Sheet Channel of Monetary Policy Transmission: Evidence from the UK
No.53, January 2007
Authors:
Eleni Angelopoulou
Heather D Gibson (e-mail: hgibson@bankofgreece.gr
)
Published in: Economica, vol. 76, issue 304, 2009, pp. 675-703.

Abstract

How Homogenous are Currency Crises? A Panel Study Using Multiple-Response Models
No.52, December 2006
Authors:
Tassos G. Anastasatos (e-mail:
aanastasatos@bankofgreece.gr) Ian R. Davidson

Abstract

Market Conduct, Price Interdependence and Exchange Rate Pass-Through
No.51, December 2006
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr)
Theodora S. Kosma

Abstract

An Alternative Definition of Market Efficiency and Some Comments on its Empirical Testing
No.50, November 2006
Author:
Alexandros E. Milionis (e-mail: amilionis@aegean.gr
)

Abstract

Computational Intelligence in Exchange-Rate Forecasting
No.49, November 2006
Authors:
Andreas S. Andreou
George A. Zombanakis (e-mail: gzombanakis@bankofgreece.gr
)

Abstract

The Effect of the Euro on Foreign Direct Investment
No.48, October 2006
Author:
Pavlos Petroulas (e-mail: ppetroulas@bankofgreece.gr
)
Published in: European Economic Review, 2007, 51, pp. 1468-1491.

Abstract

Determinants of Bank Profitability in the South Eastern European Region
No.47, September 2006
Authors:
Panayiotis P. Athanasoglou (e-mail: pathanasoglou@bankofgreece.gr
)
Matthaios D. Delis
Christos K. Staikouras
Published in: Journal of Financial Decision Making, 2006, 2, pp.1-17.

Abstract

Technical and Allocative Efficiency in European Banking
No.46, September 2006
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Matthaios D. Delis
Efthymios G. Tsionas
Published in: European Journal of Operational Research, 2010, 204, pp. 153-163.

Abstract

A Worldwide System of Reference Rates
No.45, August 2006
Author:
John Williamson
With Comments by:
Marc Flandreau
Published in: International Economics and Economic Policy, 2006, 3-4, pp. 341-358.

Abstract

What About a World Currency?
No.44, June 2006
Proposal for a Common Currency among Rich Democracies
Author:
Richard N. Cooper
One World Money, Then and Now
Authors:
Michael Bordo
Harold James
With Comments by:
Sergio L. Schmukler
Published in: International Economics and Economic Policy, 2006, 3-4, pp. 387-414.

Abstract

Monetary Unions, External Shocks and Economic Performance: A Latin American Perspective
No.43, June 2006
Author:
Sebastian Edwards
With Comments by:
Enrique Alberola
Published in: International Economics and Economic Policy, 2006, 3-4, pp. 225-264.

Abstract

Regional Currency Arrangements: Insights from Europe
No.42, June 2006
Author:
Josef Christl
With Comments by:
Lars Jonung
Concluding Remarks and Main Findings of the Workshop by:
Eduard Hochreiter
George S. Tavlas
Published in: International Economics and Economic Policy, 2006, 3-4, pp. 209-224 & pp. 175-180.

Abstract

Exchange-Rate Arrangements and Financial Integration in East Asia: On a Collision Course?
No.41, May 2006
Author:
Hans Genberg
With Comments by:
James A. Dorn
Eiji Ogawa
Published in: International Economics and Economic Policy, 2006, 3-4, pp.359-386.

Abstract

Regional Currency Arrangements in North America
No.40, May 2006
Author:
Sven W. Arndt
With Comments by:
Steve Kamin
Pierre L. Siklos
Published in: International Economics and Economic Policy, 2006, 3-4, pp. 265-292.

Abstract

Europe's Hard Fix: The Euro Area
No.39, May 2006
Author:
Otmar Issing
With Comments by:
Mario I. Blejer
Leslie Lipschitz
Published in: International Economics and Economic Policy, 2006, 3-4, pp. 181-208.

Abstract

Inflation Forecasts and the New Keynesian Phillips Curve
No.38, May 2006
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Nicholas S. Magginas
Published in: International Journal of Central Banking, 2008, 4, 2, pp. 1-22.

Abstract

Corporate Ownership Structure and Firm Performance: Evidence from Greek Firms
No.37, April 2006
Authors:
Panayotis Kapopoulos
Sophia Lazaretou (e-mail: slazaretou@bankofgreece.gr

Published in: Corporate Governance: An International Review, 2007, 15, pp.144-158.

Abstract

Modeling the Components of Market Discipline
No.36, April 2006
Authors:
Faidon Kalfaoglou (e-mail: fkalfaoglou@bankofgreece.gr)

Alexandros Sarris

Abstract

Monetary Policy Rules under Heterogeneous Inflation Expectations
No.35, March 2006
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Nicholas S. Magginas

Abstract

The New Keynesian Phillips Curve and Inflation Expectations: Re-Specification and Interpretation
No.34, March 2006
Authors:
George S. Tavlas(e-mail: gtavlas@bankofgreece.gr
)
P.A.V.B. Swamy
Published in: Economic Theory, 2007, 31, pp. 293-306.

Abstract

Capital Flows, Capital Account Liberalisation and Mediterranean Countries
No.33, February 2006
Authors:
Heather D. Gibson (e-mail: hgibson@bankofgreece.gr
)
Nicholas T. Tsaveas
Thomas Vlassopoulos

Abstract

Exact Elliptical Distributions for Models of Conditionally Random Financial Volatility
No.32, January 2006
Authors:
George A. Christodoulakis (e-mail: gchristodoulakis@bankofgreece.gr
) Stephen E Satchell

Abstract

Measuring the Correlation of Shocks betweem the EU-15 and the New Member Countries
No.31, January 2006
Authors:
Stephen G.Hall
George Hondroyiannis (e-mail: ghondroyiannis@bankofgreece.gr
)
Published in: Economic Change and Restructuring, 2006, 39, pp.19-34.

Abstract

The European Union GDP Forecast Rationality under Asymmetric Preferences
No.30, December 2005
Authors:
George A. Christodoulakis (e-mail: gchristodoulakis@bankofgreece.gr
)
Emmanuel C. Mamatzakis

Abstract

Real Exchange Rate Dynamics and Output Contraction under Transition
No.29, November 2005
Author:
Christos Papazoglou (e-mail: cpapazoglou@bankofgreece.gr
)

Abstract

Some Further Evidence on Exchange-Rate Volatility and Exports
No.28, October 2005
Authors:
George Hondroyiannis
P.A.V.B. Swamy
George S. Tavlas (e-mail: gtavlas@bankofgreece.gr
)
Michael Ulan
Published in: Weltwirtschaftliches Archiv/Review of World Economics, 2008, 144, pp. 151-180.

Abstract

The Comparative Performance of Q-type and Dynamic Models of Firm Investment: Empirical Evidence from the UK
No.27, September 2005
Author:
Eleni Angelopoulou (e-mail: eangelopoulou@bankofgreece.gr
)

Abstract

Aggregate Supply and Demand, the Real Exchange Rate and Oil Price Denomination
No.26, July 2005
Author:
Yiannis Stournaras (e-mail: stournaras@grmail.com)

Abstract

Bank-Specific, Industry-Specific and Macroeconomic Determinants of Bank Profitability
No.25, June 2005
Authors:
Panayiotis P. Athanasoglou (e-mail: pathanasoglou@bankofgreece.gr
)
Sophocles N. Brissimis
Matthaios D. Delis
Published in: Journal of International Financial Markets, Institutions & Money, 2008, 18, pp. 121-136. 

Abstract

Regional Integration Challenges in South East Europe: Banking Sector Trends
No.24, June 2005
Authors:
George Stubos (e-mail: gstubos@bankofgreece.gr
)
Ioannis Tsikripis

Abstract

Measuring Liquidity in the Greek Government Securities Market
No.23, May 2005
Authors:
Thanasis N. Christodoulopoulos (e-mail: tchristodoulopoulos@bankofgreece.gr
)
Ioulia Grigoratou

Abstract

Market Power, Innovative Activity and Exchange Rate Pass-Through
No.22, April 2005
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Theodora S. Kosma

Abstract

Does Corporate Ownership Structure Matter for Economic Growth? A Cross-Country Analysis
No.21, March 2005
Authors:
Panayotis Kapopoulos
Sophia Lazaretou (e-mail: slazaretou@bankofgreece.gr
)
Published in: Managerial and Decision Economics,vol. 30(3), pages 155-172.

Abstract

The Greek Model of the European System of Central Banks Multi-Country Model
No.20, February 2005
Authors:
Dimitrios Sideris
Nicholas Zonzilos (e-mail: nzonzhlos@bankofgreece.gr)

Abstract

Testing for Long-Run PPP in a System Context: Evidence for the US, Germany and Japan
No.19, November 2004
Author:
Dimitrios Sideris (e-mail: dsideri@cc.uoi.gr
)
Published in: Journal of International Financial Markets, Institutions & Money, 2006, 16, pp. 143-154.

Abstract

The Global Implications of Regional Exchange Rate Regines
No.18, October 2004
Authors:
Harris Dellas
George S. Tavlas (e-mail: gtavlas@bankofgreece.gr
)
Published in: Journal of International Money and Finance, 2005, 24, pp. 243-255.

Abstract

Financial Markets and Economic Growth in Greece
No.17, September 2004
Authors:
George Hondroyiannis (e-mail: ghondroyiannis@bankofgreece.gr
)
Sarantis Lolos
Evangelia Papapetrou
Published in: Journal of International Financial Markets, Institutions & Money, 2005, 15, pp. 173-188.

Abstract

The Drachma, Foreign Creditors and the International Monetary System: Tales of a Currency during the 19th and the Early 20th Century
No.16, August 2004
Author:
Sophia Lazaretou (e-mail: slazaretou@bankofgreece.gr
)
Published in
: Explorations in Economic History, 2005, 42, pp. 202-236.

Abstract

Testing Long-Run Purchasing Power Parity under Exchange Rate Targeting
No.15, July 2004
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Dimitris A. Sideris
Fragiska K. Voumvaki
Published in: Journal of International Money and Finance, 2005, 24, pp. 959-981.

Abstract

Econometric Modelling at the Bank of Greece
No.14, June 2004
Author:
Nicholas G. Zonzilos (e-mail: nzonzhlos@bankofgreece.gr)
Published in: Econometric Models of the Euro-Area Central Banks, G. Fagan and J. Morgan (eds). Chapter 10, pp. 172-190. Edward Elgar Publishing Limited (2005). Titled "The Econometric Model of the Bank of Greece".

Abstract

Inflation Persistence during Periods of Structural Change: An Assessment Using Greek Data
No.13, June 2004
Authors:
George Hondroyiannis (e-mail: ghondroyiannis@bankofgreece.gr)
Sophia Lazaretou
Published in: Empirica, 2007, 34, pp.453-475.

Abstract

Wage Rigidity and Monetary Union
No.12, April 2004
Authors:
Harris Dellas
George S. Tavlas (e-mail: gtavlas@bankofgreece.gr
)
P
ublished in: Economic Journal, 2005, 115 (506), pp. 907-927.

Abstract

EMU Strategies: Lessons from Past Experience in View of EU Enlargement
No.11, March 2004
Author:
Theodoros S. Papaspyrou (e-mail: tpapaspyrou@bankofgreece.gr
)

Abstract

Forward-Looking Information in VAR Models and the Price Puzzle
No.10, February 2004
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Nicholas S. Magginas
Published in: Journal of Monetary Economics, 2006, 53, pp. 1225-1234.

Abstract

Cost Efficiency in Greek Banking
No.9, January 2004
Authors:
Nicos C. Kamberoglou (e-mail: nkamberoglou@bankofgreece.gr
)
Elias Liapis
George T. Simigiannis
Panagiota Tzamourani

Abstract

The Effect of Dynamic Hedging of Options Positions on Intermediate-Maturity Interest Rates
No.8, December 2003
Authors:
Thanasis N. Christodoulopoulos (e-mail: tchristodoulopoulos@bankofgreece.gr)
Ioulia Grigoratou

Abstract

Modelling Economic Time Series in the Presence of Variance Non-Stationarity: A Practical Approach
No.7, November 2003
Author:
Alexandros E. Milionis (e-mail: amilionis@bankofgreece.gr
)
Published in: Applied Financial Economics, 2004, 14, pp. 265-278. Titled "The Importance of Variance Stationarity in Economic Time Series Modelling. A Practical Approach".

Abstract

Capital Flows and Speculative Attacks in Prospective EU Member States
No.6, October 2003
Authors:
Heather D. Gibson (e-mail: hgibson@bankofgreece.gr
)
Euclid Tsakalotos
Published in: Economics of Transition, 2004, 12, pp.559-586.

Abstract

Changes in Financial Structure and Asset Price Substitutability: A Test of the Bank Lending Channel
No.5, September 2003
Authors:
Sophocles N. Brissimis (e-mail: sbrissimis@bankofgreece.gr
)
Nicholas S. Magginas
Published in: Economic Modelling, 2005, 22, pp. 879-904.

Abstract

An Indicator Measuring Underlying Economic Activity in Greece
No.4, August 2003
Authors:
Stephen G. Hall
Nicholas G. Zonzilos (e-mail: nzonzhlos@bankofgreece.gr
)

Abstract

The Dynamic Adjustment of a Transition Economy in the Early Stages of Transformation
No.3, May 2003
Authors:
Christos Papazoglou (e-mail: cpapazoglou@bankofgreece.gr
)
Eric J. Pentecost
P
ublished in: Journal of Macroeconomics, 2004, 26, pp.547-561.

Abstract

Greek Monetary Economics in Retrospect: The Adventures of the Drachma
No.2, April 2003
Author:
Sophia Lazaretou (e-mail: slazaretou@bankofgreece.gr
)
Published in: Economic Notes, Review of Banking, Finance and Monetary Economics, 2005, 34, pp.331-370.

Abstract

Empirical Modelling of Money Demand in Periods of Structural Change: The Case of Greece
No.1, February 2003
Authors:
Sophocles N. Brissimis
George Hondroyiannis
P.A.V.B. Swamy
George S. Tavlas (e-mail: gtavlas@bankofgreece.gr
)
Published in: Oxford Bulletin of Economics and Statistics, 2003, 65, pp. 605-628.

Abstract


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