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dc.contributor.authorPanagopoulos, Yannis-
dc.contributor.authorSpiliotis, Aristotelis-
dc.date.accessioned2018-06-27T11:06:17Z-
dc.date.available2018-06-27T11:06:17Z-
dc.date.issued2006-
dc.identifier.citationPanagopoulos, Y., & Spiliotis, A. (2006). Testing money supply endogeneity : the case of Greece (1975-1998). European Research Studies Journal, 9(1-2), 85-102.en_GB
dc.identifier.issn11082976-
dc.identifier.urihttps://www.um.edu.mt/library/oar//handle/123456789/31415-
dc.description.abstractThe main purpose of this paper is to trace whether, for a prolonged period of time (1975-1998), money supply in Greece was endogenously or exogenously determined. In the theoretical part, we briefly report the Orthodox vis-a-vis the post Keynesian views on the issue. From the statistical evidence we conclude that : a) the deregulation process of the late 80’s did not produce any structural break in the Greek monetary aggregates and b) under specific assumptions, money in Greece can be considered as endogenously determined. This implies that in the Greek monetary system the central bank behaves as a lender of last resort.en_GB
dc.language.isoenen_GB
dc.publisherUniversity of Piraeus. International Strategic Management Associationen_GB
dc.rightsinfo:eu-repo/semantics/openAccessen_GB
dc.subjectMoney supply -- Greece -- 20th centuryen_GB
dc.subjectCointegration -- Greeceen_GB
dc.subjectMonetary policyen_GB
dc.titleTesting money supply endogeneity : the case of Greece (1975-1998)en_GB
dc.typearticleen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.description.reviewedpeer-revieweden_GB
dc.publication.titleEuropean Research Studies Journalen_GB
Appears in Collections:European Research Studies Journal, Volume 9, Issue 1-2

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