NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Analytics of the Greek Crisis

Pierre-Olivier Gourinchas, Thomas Philippon, Dimitri Vayanos

NBER Working Paper No. 22370
Issued in June 2016, Revised in July 2016

---- Acknowledgments ----

We are grateful to Miguel Faria-e-Castro for outstanding research assistance. We thank Olivier Blanchard and Markus Brunnermeier, our discussants at the 31st NBER Macroeconomics Annual conference, as well as Gikas Hardouvelis, Maurice Obstfeld, Jonathan Parker, and other participants at that conference, for very helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Pierre-Olivier Gourinchas ----

Pierre-Olivier Gourinchas is compensated by the International Monetary Fund for editing the IMF Economic Review.

---- Disclosure of Financial Relationships for Dimitri Vayanos ----

Dimitri Vayanos acknowledges financial support from the Centre for the Study of Capital Market Dysfunctionality at the London School of Economics.

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