Impacts of the Trilemma Policies on Inflation, Growth and Volatility in Greece

Yu Hsing

Makale detayları

Impacts of the Trilemma Policies on Inflation, Growth and Volatility in Greece

Yazarlar:

Yu Hsing

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2012 Vol.2 Issue 3, pp.373-378

Belge Tipi:

Makale

Yayın Tarihi:

8/2012

Belge Dili:

Türkçe

Document ID (Org No.):

2000814883

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

This paper finds support for the trilemma for Greece, suggesting that there is a tradeoff among exchange rate stability, monetary independence and financial integration. The policy combination of monetary independence and financial integration has been prevalent. More exchange rate stability does not affect the inflation rate, the growth rate, inflation volatility and output volatility. More monetary independence reduces output volatility. More financial integration reduces inflation, inflation volatility and output volatility. Hence, more financial integration or monetary independence is beneficial to Greece.

Makale detayları

Impacts of the Trilemma Policies on Inflation, Growth and Volatility in Greece

Yazarlar: Yu Hsing

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2012 Vol.2 Issue 3, pp.373-378

Belge Tipi: Makale

Yayın Tarihi: 8/2012

Belge Dili: Türkçe

Document ID (Org No.): 2000814883

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Yu Hsing

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2012 Vol.2 Issue 3, pp.373-378

Belge Tipi:

Makale

Yayın Tarihi:

8/2012

Belge Dili:

Türkçe

Document ID (Org No.):

2000814883

Sıklık:

İki Aylık

eISSN:

2146-4138