Monetary stabilization policy and the inventory cycle model with an empirical investigation of stylized facts for Greece

Ερωτόκριτος Γ. Βαρελάς


The growth of knowledge about monetary phenomena over the last fifteen years or so has been
enormous. The aim of this paper is to investigate stylized facts of inventory investment and output for the
Greek economy and to analyse the effectiveness of monetary economic policy in relation to the inventory
cycle model of Hillinger.


Economic stabilization; Monetary economics

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η δικτυακή πύλη της ευρωπαϊκής ένωσης ψηφιακή ελλάδα ΕΣΠΑ 2007-2013