%0 Journal Article
%T Switch to Devalued Drachma and Cost-Push Inflation: A Simple Input-Output Approach to the Greek Case
%A Apostolis Katsinos
%A Theodore Mariolis
%J Modern Economy
%P 164-170
%@ 2152-7261
%D 2012
%I Scientific Research Publishing
%R 10.4236/me.2012.32023
%X 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.
%K Cost-Push Inflation
%K Drachma Devaluation
%K Dynamic Input-Output Price Models
%K Greek Economy
%K International Competitiveness
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=18134