Ioannis Bournakis - Böcker

This edited collection commemorates and builds upon the work of prominent Greek scholar in econometrics, Professor Efthymios (Mike) Tsionas. Including previously published work by Professor Tsionas, as well as original research from scholars in his related fields, this book makes a significant contribution to applied econometrics.Within a single volume, readers will have the opportunity to explore the impactful contributions made by Mike Tsionas throughout his academic career. Chapters cover four key sections, including recent econometric method developments, Bayesian methods, stochastic frontier analysis and inefficiency, and macroeconomic applications. The book features contributions from globally recognized scholars in econometrics, with significant policy relevance. This will be a valuable resource for students and researchers of econometrics, specifically working on topics including Bayesian inference, productivity and inefficiency, macro-finance and banking.

This book offers a comprehensive guide to the on-going Greek debt crisis. It identifies and explains Greece’s idiosyncratic weaknesses, and highlights the existing rigidities in the EU architecture that make the recovery prospects of the Greek economy challenging.Chapters from expert contributors highlight aspects of the performance of the Greek economy with focus on export performance, labour market conditions, political cycles and regional income disparities. The book then goes on to outline the banking system in Greece in the post-crisis era, and includes analysis that explains how the credit rating score affected Greece’s borrowing capacity prior to the start of the insolvency crisis. The final part analyses and compares alternative scenarios of fiscal consolidation, seeking to identify whether there are alternatives to fiscal austerity and the impact of each one of them. This section also clarifies various misconceptions about the significant determinants of international competitiveness. Despite the focus of the book, the lessons drawn from the chapters are not limited to Greece. This volume will be of interest to academics, practitioners and policy makers who wish to take a closer look at the Greek debt crisis and learn more about the challenges the Greek economy is currently facing.