T. Mariolis and K. Papoulis, “‘Twin Deficits’ and International Competitiveness of the Greek Economy,” In: Greek Scientific Association of Political Economy, Ed., Economic Crisis and Greece (in Greek), Gutenberg, Athens, 2011, pp. 275-289.

has been cited by the following article:

• TITLE: Switch to Devalued Drachma and Cost-Push Inflation: A Simple Input-Output Approach to the Greek Case

  AUTHORS: Apostolis Katsinos, Theodore Mariolis

  KEYWORDS: Cost-Push Inflation; Drachma Devaluation; Dynamic Input-Output Price Models; Greek Economy; International Competitiveness

  JOURNAL NAME: Modern Economy, Vol.3 No.2, March 28, 2012

  ABSTRACT: This paper uses simple dynamic input-output price models to estimate the effects of a switch to devalued drachma on the cost-inflation rate in the Greek economy. The findings suggest that the inflationary “pressures” are not too high and, therefore, there is room for trade-balance improvement.