KEYNESIAN THEORY AND PHILLIPS CURVE: THE GREEK CASE

One of the most important problems facing Greece is the long-term and high-level unemployment rate. The Economic Adjustment Programs (EAPs) focused on the supply side of the economy, aiming at the adjustment of prices and wages, which draws from the classical economic model theory. This article atte...

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Veröffentlicht in:	Current politics and economics of Europe 2021-01, Vol.32 (1), p.47-70
1. Verfasser:	Psychalis, Marios Georgios
Format:	Artikel
Sprache:	eng
Schlagworte:	Adjustment Data analysis Debt service Economic conditions Economic crisis Economic growth Economic models Economists Employment Expenditures Fiscal policy Government spending Inflation Interest rates International finance Keynesian theory Labor costs Monetary policy Phillips curve Prices Recessions Supply-side economics Unemployment Variables Wages & salaries
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