The main purpose of the present paper is to investigate the impact of the global financial crisis on the efficiency of Greek banks during the period 2008-2010. The DEA model is applied according to input oriented approach in order to measure the technical and the scale efficiency scores of 20...

Population's ageing and the increasing longevity of life are not spontaneous processes. In reality, it is a society's achievement that people are given a chance to live longer. This state is obviously achieved only when citizens take this opportunity seriously and contribute to the overall...

The main purpose of this study is to construct a complete three region interregional input-output model which can be applied as a tool for regional analysis. In addition the model is applying to calculate the interregional trade coefficients and multipliers on the basis of 2010 data for 3...

Rate of time preferences reflects an individual’s opinion on how to distribute consumption over time. In this paper we examine various socio-economic factors that are related to rate of time preferences in Russia. The data are obtained from a survey from the Yuri Levada Analytical Center in...

The purpose of this paper is to evaluate the market power of the Greek manufacturing and services industry over the period 1970-2007. In particular, the empirical model, estimates the mark-up ratio following the Roeger (1995) methodology, separately for the two industries by using Ordinary Least...

The results of Lettau and Ludvigson (2001) show that Cay-LL has a significant predictive power both in the in-sample and the out-of-sample forecast of excess return. Our study departs from Lettau and Ludvigson (2001) in adding and comparing other two estimates of cay namely cay-OLS and cay-DLS...

Recent researches have worked on the relationship between Corporate Governance and expected rates on return as well as historical returns. Firstly, we construct an Index of Corporate Governance (CGQL) that measures the quality implementation of Corporate Governance of the enlisted firms on the...

Major and less important parameters affecting the efficiency of the Public Private Partnerships (PPPs) in Infrastructure development have been discussed and analyzed thoroughly in International research. Issues related to the Residual Value factor are under consideration recently, mainly from...

The aim of this paper is to investigate the relationship of price changes in the southern European E.U. member states through their stock markets and especially among the exchange markets of Portugal, Italy, Ireland, Greece and Spain, known also as the PIIGS countries. More specifically, it is...

Efficient distribution of human and goods transport has always been an important element in maintaining the economic systems cohesion. Together with the economic and technological development, the purposes to attain this goal have considerably evolved. The integration of the Centre, Eastern and...