real sector

Financial and real sector interactions: the case of Greece, In common with M. Trigoni. MPRA Paper 24391, University Library of Munich, Germany. 2010

In this study we try to detect the relationship between financial and real sector employing in the estimation procedure the recent time-series techniques of co-integration, vector error-correction modelling and Granger multivariate causality. We contribute to the existing literature by using for the first time a number of financial and economic variables for the case of Greece for the time period 1960-2005.