Details about Georgios Karras

Access statistics for papers by Georgios Karras.

Last updated 2024-12-06. Update your information in the RePEc Author Service.

Short-id: pka300

Working Papers

2023

1. Tax Progressivity and Output: Evidence from OECD countries
   Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa

2022

2. The Trade Effects of Pandemics
   Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
3. Volatility and the Current Account: Extending the Evidence
   Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa

2010

4. Average tax rate cyclicality in OECD countries: A test of three fiscal policy theories
   MPRA Paper, University Library of Munich, Germany View citations (1)
   See also Journal Article Average Tax Rate Cyclicality in OECD Countries: A Test of Three Fiscal Policy Theories, Southern Economic Journal, John Wiley & Sons (2011) View citations (2) (2011)
5. Tax Design in the OECD: A test of the Hines-Summers Hypothesis
   MPRA Paper, University Library of Munich, Germany
   See also Journal Article Tax Design in the OECD: A Test of the Hines-Summers Hypothesis, Eastern Economic Journal, Palgrave Macmillan (2011) (2011)

1992

6. Sources of Output Fluctuations During the Interwar Period: Further Evidence on the Causes of the Great Depression
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
   See also Journal Article Sources of Output Fluctuations during the Interwar Period: Further Evidence on the Causes of the Great Depression, The Review of Economics and Statistics, MIT Press (1994) View citations (31) (1994)

Journal Articles

2024

1. Tax progressivity and income inequality in the US
   Economics Letters, 2024, 238, (C) View citations (2)
2. Tax progressivity and output in the US
   Economics Letters, 2024, 235, (C) View citations (3)

2023

3. Macroeconomic volatility and the current account: Extending the evidence
   Economic Modelling, 2023, 125, (C) View citations (1)
4. Pandemics and Trade in the 21st Century: Evidence from five Pre-Covid Pandemics
   Open Economies Review, 2023, 34, (4), 895-918

2022

5. Private and public consumption: substitutes or complements?
   (Temporary and permanent government spending in an open economy)
   Oxford Economic Papers, 2022, 74, (3), 805-819 View citations (4)

2021

6. Did 272 billion dollars from China help stabilize business cycle fluctuations in recipient countries?
   Review of International Economics, 2021, 29, (2), 314-358

2020

7. Are "Twin Deficits" an Illusion? International Evidence on Fiscal Policy and the Current Account
   South-Eastern Europe Journal of Economics, 2020, 18, (2), 139-157

2019

8. Are “twin deficits” asymmetric? Evidence on government budget and current account balances, 1870–2013
   International Economics, 2019, (158), 12-24 View citations (6)
   Also in International Economics, 2019, 158, (C), 12-24 (2019) View citations (4)
9. Macroeconomic Effects of Tax Changes: Evidence from a Sample of OECD Countries
   SPOUDAI Journal of Economics and Business, 2019, 69, (3), 111-138
10. “TWINS” OR JUST “SIBLINGS”?BUDGET AND CURRENT ACCOUNT DEFICITS IN EUROPE, 1870-2013
    Applied Econometrics and International Development, 2019, 19, (1), 33-42

2017

11. Can a Higher Inflation Target Reduce Inflation Volatility?
    Metroeconomica, 2017, 68, (4), 777-791 View citations (1)
12. Is the relationship between inflation and its volatility asymmetric? US evidence, 1800–2016
    The Journal of Economic Asymmetries, 2017, 16, (C), 79-86 View citations (2)
13. When is Lower Inflation less Stable? Evidence from Eight Developing Economies
    Economia Internazionale / International Economics, 2017, 70, (3), 333-352 View citations (1)

2016

14. Macroeconomic Volatility and the Current Account: Evidence from a Panel of OECD Countries
    International Economic Journal, 2016, 30, (3), 322-338 View citations (2)

2015

15. FISCAL ACTIVISM IN EUROPEAN REGIONS: EVIDENCE ON FISCAL RULES BEFORE AND AFTER THE EURO
    Regional Science Inquiry, 2015, VII, (1), 21-34 View citations (2)
16. Low Inflation vs. Stable Inflation: Evidence from the UK, 1688–2009
    Scottish Journal of Political Economy, 2015, 62, (5), 505-517 View citations (2)

2014

17. Fiscal Policy Spillovers through Trade Openness
    Journal of Economic Integration, 2014, 29, 563-581 View citations (1)
18. Is Fiscal Policy More Effective During Cyclical Downturns?
    International Economic Journal, 2014, 28, (2), 255-271 View citations (3)

2013

19. Asymmetric effects of monetary policy with or without Quantitative Easing: Empirical evidence for the US
    The Journal of Economic Asymmetries, 2013, 10, (1), 1-9 View citations (16)
20. Inflation and the Great Moderation: Evidence from a Large Panel Data Set
    International Journal of Business and Economic Sciences Applied Research (IJBESAR), 2013, 6, (3), 7-19

2012

21. Optimal stabilisation policy in a monetary union: implications of the Mankiw-Weinzierl model
    International Journal of Monetary Economics and Finance, 2012, 5, (2), 139-152
22. Trade openness and the effectiveness of fiscal policy: some empirical evidence
    International Review of Economics, 2012, 59, (3), 303-313 View citations (15)

2011

23. Average Tax Rate Cyclicality in OECD Countries: A Test of Three Fiscal Policy Theories
    Southern Economic Journal, 2011, 77, (4), 958-972 View citations (2)
    See also Working Paper Average tax rate cyclicality in OECD countries: A test of three fiscal policy theories, MPRA Paper (2010) View citations (1) (2010)
24. Exchange-Rate Regimes and the Effectiveness of Fiscal Policy
    Journal of Economic Integration, 2011, 26, 29-44 View citations (4)
25. From Hero to Zero? The Role of the Euro in the Current Crisis: Theory and some Empirical Evidence
    International Advances in Economic Research, 2011, 17, (3), 300-314 View citations (2)
26. Tax Design in the OECD: A Test of the Hines-Summers Hypothesis
    Eastern Economic Journal, 2011, 37, (2), 239-247
    See also Working Paper Tax Design in the OECD: A test of the Hines-Summers Hypothesis, MPRA Paper (2010) (2010)

2010

27. Land and population growth in the Solow growth model: Some empirical evidence
    Economics Letters, 2010, 109, (2), 66-68 View citations (3)
28. REGIONAL ECONOMIC GROWTH AND CONVERGENCE, 1950-2007: Some Empirical Evidence
    Regional Science Inquiry, 2010, II, (1), 11-24 View citations (8)

2009

29. Demographic Change and the Current Account: Theory and Empirical Evidence
    The Journal of Economic Asymmetries, 2009, 6, (1), 1-14 View citations (10)
30. Economic Growth Convergence in Asia, 1970-2003: Empirical Evidence from the Solow Model
    The IUP Journal of Monetary Economics, 2009, VII, (3-4), 73-84
31. Taxes and Growth in Europe
    South-Eastern Europe Journal of Economics, 2009, 7, (2), 181-204 View citations (34)

2008

32. Business cycle volatility and country zize:evidence for a sample of OECD countries
    Economics Bulletin, 2008, 5, (3), 1-7 View citations (13)
33. Business-cycle synchronization in the EMU
    Applied Economics, 2008, 40, (12), 1491-1501 View citations (61)
34. GROWTH AND CONVERGENCE, 1950-2003. What Can We Learn from the Solow Model?
    Applied Econometrics and International Development, 2008, 8, (1), 5-18 View citations (3)
35. Is the Middle East an Optimum Currency Area? A Comparison of Costs and Benefits
    Open Economies Review, 2008, 19, (4), 479-491 View citations (4)

2007

36. Country size and business cycle volatility: Scale really matters
    Journal of the Japanese and International Economies, 2007, 21, (4), 424-434 View citations (60)
37. How Productive Are Government Activities? Evidence from a Sample of OECD Countries
    Applied Economics Quarterly (formerly: Konjunkturpolitik), 2007, 53, (1), 71-86
38. Is Africa an Optimum Currency Area? A Comparison of Macroeconomic Costs and Benefits
    Journal of African Economies, 2007, 16, (2), 234-258 View citations (20)
39. Unlocking the sources of the apparent episodic stationarity of the P/E ratio
    Review of Accounting and Finance, 2007, 6, (3), 339-348

2006

40. Are the new EU members ready for the EURO?: A comparison of costs and benefits
    Journal of Policy Modeling, 2006, 28, (1), 25-38 View citations (20)
41. Foreign aid and long-run economic growth: empirical evidence for a panel of developing countries
    Journal of International Development, 2006, 18, (1), 15-28 View citations (63)
42. Trade Openness, Economic Size, and Macroeconomic Volatility: Theory and Empirical Evidence
    Journal of Economic Integration, 2006, 21, 254-272 View citations (17)
43. Why are postwar cycles smoother? Impulses or propagation?
    Journal of Economics and Business, 2006, 58, (5-6), 392-406 View citations (3)

2005

44. Is there a yen optimum currency area? Evidence from 18 Asian and Pacific economies
    Japan and the World Economy, 2005, 17, (4), 456-469 View citations (8)
45. Sources of exchange-rate volatility: Impulses or propagation?
    International Review of Economics & Finance, 2005, 14, (2), 213-226 View citations (3)

2004

46. Trade and Growth in Europe, Evidence from a Panel of 18 Countries
    The IUP Journal of Applied Economics, 2004, III, (2), 19-30

2003

47. How homogenizing are monetary unions?: Evidence from the U.S. states
    The North American Journal of Economics and Finance, 2003, 14, (3), 381-397 View citations (10)
48. Trade Openness And Economic Growth Can We Estimate The Precise Effect?
    Applied Econometrics and International Development, 2003, 3, (1) View citations (46)

2002

49. Costs and Benefits of Dollarization: Evidence from North, Central, and South America
    Journal of Economic Integration, 2002, 17, 502-516 View citations (13)
50. Openness and Growth: Cross‐Sectional and Time‐Series Evidence
    Review of Accounting and Finance, 2002, 1, (3), 3-14

2001

51. Is Growth Endogenous or Neoclassical? Evidence from Fifty-Six Countries and Five Continents
    Economia Internazionale / International Economics, 2001, 54, (2), 203-217 View citations (1)
52. Long-Run Economic Growth In Europe: Is It Endogenous Or Neoclassical?
    International Economic Journal, 2001, 15, (2), 63-76 View citations (4)
53. Openness to Trade and the Potency of Monetary Policy: How Strong is the Relationship?
    Open Economies Review, 2001, 12, (1), 61-73 View citations (2)
54. Time-varying criteria for monetary integration: evidence from the EMU
    International Review of Economics & Finance, 2001, 10, (2), 171-185 View citations (2)

2000

55. Private and Government Employment in the OECD: Productivities and Wages
    Economic Notes, 2000, 29, (2), 267-279 View citations (5)

1999

56. Monetary Policy and the Exchange Rate: The Role of Openness
    International Economic Journal, 1999, 13, (2), 75-88 View citations (1)
57. On the asymmetric effects of money-supply shocks: international evidence from a panel of OECD countries
    Applied Economics, 1999, 31, (2), 227-235 View citations (19)
58. Openness and the effects of monetary policy
    Journal of International Money and Finance, 1999, 18, (1), 13-26 View citations (33)
59. TAXES AND GROWTH: TESTING THE NEOCLASSICAL AND ENDOGENOUS GROWTH MODELS
    Contemporary Economic Policy, 1999, 17, (2), 177-188 View citations (22)
60. Why are the effects of money-supply shocks asymmetric? Evidence from prices, consumption, and investment
    Journal of Macroeconomics, 1999, 21, (4), 713-727 View citations (31)

1998

61. Liquidity Constraints and the Substitutability between Private and Government Consumption: The Role of Military and Non-military Spending
    Economic Inquiry, 1998, 36, (2), 203-14 View citations (23)

1997

62. Economic Integration and Convergence: Lessons from Asia, Europe and Latin America
    Journal of Economic Integration, 1997, 12, 419-432 View citations (5)
63. International integration of capital markets and the cross-country divergence of per capita consumption
    Journal of International Money and Finance, 1997, 16, (5), 681-697 View citations (5)
64. Is Government Investment Underprovided in Europe? Evidence from a Panel of Fifteen Countries
    Economia Internazionale / International Economics, 1997, 50, (2), 223-235 View citations (5)
65. On the Optimal Government Size in Europe: Theory and Empirical Evidence
    The Manchester School of Economic & Social Studies, 1997, 65, (3), 280-94 View citations (27)

1996

66. Are the Output Effects of Monetary Policy Asymmetric? Evidence from a Sample of European Countries
    Oxford Bulletin of Economics and Statistics, 1996, 58, (2), 267-78 View citations (101)
67. Bureaucracy, investment, and growth
    Economics Letters, 1996, 51, (2), 233-239 View citations (11)
68. Convergence revisited
    Journal of Monetary Economics, 1996, 37, (2-3), 249-265 View citations (272)
69. Do Economies Converge? Evidence from a Panel of U.S. States
    The Review of Economics and Statistics, 1996, 78, (3), 384-88 View citations (97)
70. Private and government consumption with liquidity constraints
    Journal of International Money and Finance, 1996, 15, (2), 255-266 View citations (45)
71. Sources of business-cycle volatility: An exploratory study on a sample of OECD countries
    Journal of Macroeconomics, 1996, 18, (4), 621-637 View citations (52)
72. The Optimal Government Size: Further International Evidence on the Productivity of Government Services
    Economic Inquiry, 1996, 34, (2), 193-203 View citations (44)
73. Why are the effects of money-supply shocks asymmetric? Convex aggregate supply or "pushing on a string"?
    Journal of Macroeconomics, 1996, 18, (4), 605-619 View citations (72)

1994

74. Are Government Activities Productive? Evidence from a Panel of U.S. States
    The Review of Economics and Statistics, 1994, 76, (1), 1-11 View citations (243)
75. Government Spending and Private Consumption: Some International Evidence
    Journal of Money, Credit and Banking, 1994, 26, (1), 9-22 View citations (136)
76. Is government capital productive? Evidence from a panel of seven countries
    Journal of Macroeconomics, 1994, 16, (2), 271-279 View citations (135)
77. Macroeconomic effects of budget deficits: further international evidence
    Journal of International Money and Finance, 1994, 13, (2), 190-210 View citations (24)
78. Sources of Macroeconomic Fluctuations in a Small Open Economy: The Case of Greece
    Economia Internazionale / International Economics, 1994, 47, (1), 34-50 View citations (1)
79. Sources of Output Fluctuations during the Interwar Period: Further Evidence on the Causes of the Great Depression
    The Review of Economics and Statistics, 1994, 76, (1), 80-102 View citations (31)
    See also Working Paper Sources of Output Fluctuations During the Interwar Period: Further Evidence on the Causes of the Great Depression, NBER Working Papers (1992) View citations (9) (1992)
80. Sources of business cycles in Europe: 1960-1988. Evidence from France, Germany, and the United Kingdom
    European Economic Review, 1994, 38, (9), 1763-1778 View citations (20)

1993

81. Do standards of living converge?: Some cross-country evidence
    Economics Letters, 1993, 43, (2), 149-155 View citations (7)
82. Employment and Output Effects of Government Spending: Is Government Size Important?
    Economic Inquiry, 1993, 31, (3), 354-69 View citations (20)
83. Sources of U.S. macroeconomic fluctuations: 1973-1989
    Journal of Macroeconomics, 1993, 15, (1), 47-68 View citations (5)

1992

84. Investigation of the long-run Quantity Theory of Money relationship
    International Review of Economics & Finance, 1992, 1, (2), 159-168 View citations (1)
85. The impact of immigrants on the macroeconomy
    Carnegie-Rochester Conference Series on Public Policy, 1992, 37, (1), 279-316 View citations (30)

Chapters

2013

1. Economic and Monetary Integration in Europe: Evidence on Fiscal and Current Account Effects
   Springer