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Inflation Measurement In Greece
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Book Synopsis Inflation Measurement in Greece by : Nikos Karabalis
Download or read book Inflation Measurement in Greece written by Nikos Karabalis and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer price indices reflect changes through time in the prices of goods and services that are bought by households for the satisfaction of their consumption needs. In Greece, there are two different indicators of inflation issued by the National Statistical Service of Greece. The Consumer Price Index (CPI) is the official indicator of the domestic level used for the adjustment of wages and the adaptation of the purchasing power of the currency. The second is the Harmonized Index of Consumer Prices (HICP) created through coordinated and systematic efforts at harmonization within the European Union; it is used by the European Central Bank. This article describes these two measures and the differences between them are stressed. Both indicators are distinct from a macroeconomic perspective, nevertheless for confusion to be avoided and in the context of optimal practices and European convergence it would be best if these two indices were identical.
Book Synopsis Inflation and Counter-inflationary Policy Measures: The Case of Greece by : Chrēstos Pierros
Download or read book Inflation and Counter-inflationary Policy Measures: The Case of Greece written by Chrēstos Pierros and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Four Ends of the Greek Hyperinflation of 1941-1946 by : Michael R. Palairet
Download or read book The Four Ends of the Greek Hyperinflation of 1941-1946 written by Michael R. Palairet and published by Museum Tusculanum Press. This book was released on 2000 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Places emphasis on policy decision-making in Greece in the 1940s which resulted in an extraordinary long fifty months hyperinflation. Throughout the entire period, the government of Greece was financed mainly from seigniorage, and barely at all from fiscal taxation. The author asks how this was contrived over so long a period without destroying the tax-base afforded by the transactions demanded for flat money. The book is, however, far more than an extended analysis of monetary economics. Rather it explores the history and structural basis for the policies pursued by the occupation and liberation governments of Greece, and their interactions with the policies of the Axis and later, British authorities. For sources, the work draws heavily not only on the existing literature, but also on the Bank of England and British Treasury papers of the period. Dr Michael Palairet is a lecturer at Department of Economic and Social History, University of Edinburgh.
Book Synopsis Inflation and the Monetary Target in Greece by : Xenophōn Euthymiou Zolōtas
Download or read book Inflation and the Monetary Target in Greece written by Xenophōn Euthymiou Zolōtas and published by Athens : Bank of Greece. This book was released on 1978 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inflation and Capital Accumulation in Greece, 1945-1955 by : Markos Mamalakis
Download or read book Inflation and Capital Accumulation in Greece, 1945-1955 written by Markos Mamalakis and published by . This book was released on 1959 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inflation, Shadow Prices and the Emu by : Efthymios G. Tsionas
Download or read book Inflation, Shadow Prices and the Emu written by Efthymios G. Tsionas and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines whether inflation systematically distorts the informational content of price signals. A shadow cost function is specified, and the deviation of shadow from actual prices is modeled as a function of the level of economy-wide inflation, as well as other conditioning variables like budget deficits and changes in inflation rate. It is found that inflation is associated with significant allocative costs in most Greek manufacturing sectors. Measures of cost gains resulting from Greece's convergence towards the EMU are provided and the policy implications are explored.
Book Synopsis Political Parties, Elections and Inflation in Greece by : George S. Alogoskoufis
Download or read book Political Parties, Elections and Inflation in Greece written by George S. Alogoskoufis and published by . This book was released on 1991 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Labour Office Publisher :International Labour Organization ISBN 13 :9789221136996 Total Pages :578 pages Book Rating :4.1/5 (369 download)
Book Synopsis Consumer Price Index Manual by : International Labour Office
Download or read book Consumer Price Index Manual written by International Labour Office and published by International Labour Organization. This book was released on 2004-08-25 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451816138 Total Pages :169 pages Book Rating :4.4/5 (518 download)
Book Synopsis Greece by : International Monetary Fund
Download or read book Greece written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-04-11 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides model-based projections of inflation, and quantifies the impact of the factors that determine inflation. The reasons behind the poor labor market performance in Greece and the remedial policies are discussed. The new economy is at a relatively early stage of development in Greece compared with most industrial countries, but growing rapidly. The key issues facing the Greek banking sector, against the background of its recent performance and a rapidly evolving market and regulatory environment, is discussed. The statistical data are also presented.
Book Synopsis Inflation and Nominal Uncertainty by : Hiona Balfoussia
Download or read book Inflation and Nominal Uncertainty written by Hiona Balfoussia and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the relationship between inflation and inflation uncertainty for Greece between 1981 and 2008. Univariate GARCH models are used to generate alternative measures of inflation uncertainty using both seasonally-adjusted and unadjusted data. Granger causality tests are subsequently employed to investigate causality and to detect its direction and sign. The results suggest that causality runs from inflation to inflation uncertainty while the sign of this effect is positive, in line with the Friedman-Ball hypothesis. Interestingly these findings break down in the post-1993 and post-2000 periods, arguably as a consequence of inflation-targeting, which resulted in lower inflation, reduced uncertainty and anchored expectations.
Book Synopsis Alterative Measures of Inflation by : Nikos Karabalis
Download or read book Alterative Measures of Inflation written by Nikos Karabalis and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inflation is usually measured using the Consumer Price Index (CPI) which is published by the National Statistical Service of Greece. Due to the fact, however, that the CPI is strongly influenced by various exogenous factors or by factors that are centrally administered, it is not always possible to get a picture of the true trend of inflation from the CPI itself. In this article, a number of indices are studied. These indices are derived indirectly from the official CPI and are considered as alternative measures of trend inflation. The indices considered are core inflation, i.e., CPI inflation excluding fresh fruits, vegetables and fuels, the CPI excluding outliers, the Weighted Median, and the Trimmed Mean. The analysis and comparison of these indices suggests that the "best" index for measuring the true trend of inflation is core inflation.
Book Synopsis Characteristics of Inflation in Greece by : Nikolas Apergēs
Download or read book Characteristics of Inflation in Greece written by Nikolas Apergēs and published by . This book was released on 2011 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Weighted Median Inflation Around the World: A Measure of Core Inflation by : Laurence M. Ball
Download or read book Weighted Median Inflation Around the World: A Measure of Core Inflation written by Laurence M. Ball and published by International Monetary Fund. This book was released on 2023-02-24 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standard measure of core or underlying inflation is the inflation rate excluding food and energy prices. This paper constructs an alternative measure, the weighted median inflation rate, for 38 advanced and emerging economies using subclass level disaggretion of the CPI over 1990-2021, and compares the properties of this measure to those of standard core. For quarterly data, we find that the weighted median is less volatile than standard core, more closely related to economic slack, and more closely related to headline inflation over the next year. The weighted median also has a drawback: in most countries, it has a lower average level than headline inflation. We therefore also consider a measure of core inflation that eliminates this bias, which is based on the percentile of sectoral inflation rates that matches the sample average of headline CPI inflation.
Book Synopsis The Contribution of Sectoral Productivity to Inflation in Greece by : Heather D. Gibson
Download or read book The Contribution of Sectoral Productivity to Inflation in Greece written by Heather D. Gibson and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates the magnitude of the Balassa-Samuelson effect for Greece. We calculate the effect directly, using sectoral national accounts data, which permits estimation of total factor productivity (TFP) growth in the tradeables and nontradeables sectors. Our results suggest that it is difficult to produce one estimate of the BS effect. Any particular estimate is contingent on the definition of the tradeables sector and the assumptions made about labour shares. Moreover, there is also evidence that the effect has been declining through time as Greek standards of living have caught up on those in the rest of the world and as the non-tradeables sector within Greece catches up with the tradeables.
Book Synopsis On the Determinants of Consumer Price Inflation in Greece by : George Alogoskoufis
Download or read book On the Determinants of Consumer Price Inflation in Greece written by George Alogoskoufis and published by . This book was released on 1986 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis OECD Economic Surveys: Greece 2002 by : OECD
Download or read book OECD Economic Surveys: Greece 2002 written by OECD and published by OECD Publishing. This book was released on 2002-06-26 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2002 edition of OECD's periodic review of Greece's economy examines recent economic developments, policies and prospects and includes special features on public expenditure and structural reform.
Book Synopsis The Dynamics of Inflation in a Developing Economy by : S. Vliamos
Download or read book The Dynamics of Inflation in a Developing Economy written by S. Vliamos and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
