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Strategic Analysis
Ελλάδα: Ανάκαμψη, ή μια νέα Ύφεση;
October 13, 2022 Σε αυτή τη στρατηγική ανάλυση, ο Πρόεδρος του Ινστιτούτου Δημήτρης Παπαδημητρίου, ο ερευνητής Gennaro Zezza και ο επιστημονικός συνεργάτης Νίκος Ροδουσάκης αναλύουν τις μεσοπρόθεσμες προοπτικές για την ελληνική οικονομία, σε...more Publication -
Strategic Analysis
Greece: Recovery, or Another Recession?
October 13, 2022 In this strategic analysis, Institute President Dimitri B. Papadimitriou, Senior Scholar Gennaro Zezza, and Research Associate Nikolaos Rodousakis discuss the medium-term prospects for the Greek economy in a time of...more Publication -
Working Paper No. 1011
The Dynamics of Monthly Changes in US Swap Yields
September 27, 2022 John Maynard Keynes (1930) asserted that the central bank sways the long-term interest rate through the influence of its policy rate on the short-term interest rate. Recent empirical research shows...more Publication -
Working Paper No. 1010
Reflections on Angela Merkel’s Career as Chancellor of Germany and the Greek Financial Odyssey
September 06, 2022 Angela Merkel is the second-longest-serving chancellor of modern Germany, with more than 16 years in office. During her tenure there were many years of economic stability, but there were also...more Publication -
Strategic Analysis
Avoiding a Recession
August 11, 2022 In this report, Institute President Dimitri B. Papadimitriou, Research Scholar Michalis Nikiforos, and Senior Scholar Gennaro Zezza analyze how and why the US economy has achieved a swift recovery in...more Publication -
Working Paper No. 1009
Efficacy of Public Financial Management in Reducing Crime against Children
August 08, 2022 Public financial management (PFM) has a significant role in linking resources to results by financing human development outcomes. When economic stimulus packages are short run in nature, thematic PFM, such...more Publication -
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Policy Note No. 4
Κοινωνικό κράτος και ανταγωνιστικότητα
August 05, 2022 Με τη δημοσίευση το 1971 της Θεωρίας της δικαιοσύνης του Rawls μας προσφέρεται μια πλήρως επεξεργασμένη πρόταση για τη δίκαιη κοινωνία και τους βασικούς θεσμούς της. Η κοινωνία αυτή είναι...more Publication -
Research Project Report
Assessing the Impact of Childcare Expansion in Mexico
June 30, 2022 There is broad consensus in both research and policy circles that one of the key reasons for a lack of progress in reducing gender gaps in employment and wages is...more Publication -
Working Paper No. 1008
A GARCH Approach to Modeling Chilean Long-Term Swap Yields
May 24, 2022 This paper econometrically models the dynamics of the Chilean interbank swap yields based on macroeconomic factors. It examines whether the month-over-month change in the short-term interest rate has a decisive...more Publication -
Working Paper No. 1007
School Performance and Child Labor
May 12, 2022 The current study aims to investigate the impact of academic achievement on child labor. The study utilizes survey data collected from Palestinian children in West Bank schools who are in...more Publication -
Policy Note No. 3
Chile: The Road to Joy Is Paved with Obstacles
May 12, 2022 In the second round of the Chilean presidential elections, the coalition led by Gabriel Boric secured a victory under the premise of delivering long-awaited reforms to a financially volatile, structurally...more Publication -
Working Paper No. 1006
Why the Feldstein-Horioka “Puzzle” Remains Unsolved
April 29, 2022 This paper argues that the 40-year-old Feldstein-Horioka “puzzle” (i.e., that in a regression of the domestic investment rate on the domestic saving rate, the estimated coefficient is significantly larger than...more Publication -
Blog
Otmar Issing Is Still Living in His Monetary Fantasy World
April 22, 2022 Otmar Issing can look back on a long and consequential central banking career. Even in his retirement he is still living the part, evaluating whether his successors at the European Central Bank are pursuing stability-oriented monetary policies to his liking. His most recent critique (“‘Living in a fantasy’: euro’s founding father rebukes ECB over inflation [...] Blog -
Policy Note No. 2
A Race to the Bottom
April 22, 2022 More than a decade after the 2009 crisis, the standards of living of the Greek population are still contracting and the prospects are gloomy. In this policy note, Vlassis Missos,...more Publication -
Working Paper No. 1005
A Prototype Regional Stock-Flow Consistent Model
April 15, 2022 Starting from the seminal works of Wynne Godley (1999; Godley and Lavoie 2005, 2007a, 2007b), the literature adopting stock-flow consistent (SFC) models for two or more countries has been flourishing,...more Publication -
Public Policy Brief No. 157
Is It Time for Rate Hikes?
April 12, 2022 Roughly two years into the economic recovery from the COVID-19 crisis, the topic of elevated inflation dominates the economic policy discourse in the United States. And the aggressive use of...more Publication -
Working Paper No. 1004
Financial Barriers to Structural Change in Developing Economies
March 18, 2022 Liabilities denominated in foreign currency have established a permanent role on emerging market firms’ balance sheets, which implies that changes in both global liquidity conditions and in the value of...more Publication -
Working Paper No. 1003
What’s Causing Accelerating Inflation
March 04, 2022 This paper examines the recent increase of the measured inflation rate to assess the degree to which the acceleration is due to problems created (largely on the supply side) by...more Publication