A technical study on the determinants of Greece’s current account position
A technical study on the determinants of Greece’s current account position
Οικονομία & Αγορές
10 Απριλίου 2012
The present study draws on the existing literature on national saving and investment to identify and analyze the main drivers of Greece’s current account position in recent decades and, especially, in the years following the euro adoption. Our empirical methodology employs cointegration techniques and a vector correction model (VECM) for studying the determinants of the country’s external imbalance.
