01592cas a2200241 a 4500 AALejournalIMF000740 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451816082 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Greece : Selected Issues. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (108 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper explores the determinants of Greece's potential output, an exercise that could shed light on its current cyclical position, as well as on its medium-term growth prospects. To that end, a production function is estimated, with capital and labor as factors of production and time-varying total factor productivity. The estimation results suggest that the output gap has been closing in recent years, with output projected to be slightly above potential in 1998. The paper also explores the impact of changes in the drachma's exchange rate on inflation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1998/100 Full text available on IMF http://elibrary.imf.org/view/journals/002/1998/100/002.1998.issue-100-en.xml IMF e-Library