The Drachma, Foreign Creditors and the International Monetary System: Tales of a Currency During the 19th and the Early 20th Century

Bank-Specific, Industry-Specific and Macroeconomic Determinants of Bank Profitability

“…In the recent literature on the SCP hypothesis, alternative indicators of the degree of competition in banking are provided by the estimation of the Lerner 16 and the Rosse-Panzar 17 indices, which are usually referred to as non-structural measures of competition. The argument is that the structural measures (i.e.…”

The Greek Model of the European System of Central Banks Multi-Country Model

“…The rest of the series were on an annual basis which necessitated the construction of quarterly observations. To construct the quarterly series two methods were used: a) a cubic spline function 15 and b) state space modelling 16 . All series were subsequently seasonally-adjusted with the X11 method.…”

“…The average of the growth rates of each quarter w.r.t.the corresponding quarter of previous year is equal to the annual growth rate (of the original data). 16…”

Capital Flows, Capital Account Liberalisation and the Mediterranean Countries

“…There is, however, a further reason to distinguish FDI flows from other capital flows, namely that, in view of the potential benefits outlined above, most of the countries under review have already liberalised FDI inflows. 15,16 This gives us the opportunity here to examine the success these countries have had in attracting FDI.…”