Investigating the features of greek business cycles

Ιωάννης Α. Κασκαρέλης


This paper tests against several greek macroeconomic time series some of the recent development on
business cycles theory. Results suggest that monetary policy could play a significant role in explaining
output movements, especially when the target is clarified and the policy instruments optimally chosen.


Εconomic analysis; Μoney market

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