Efthymios G. Tsionas

Athens University of Economics and Business - Department of Economics

Assistant Professor of Economics

76 Patission Street

GR-10434 Athens

Greece

SCHOLARLY PAPERS

34

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SSRN CITATIONS
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13

CROSSREF CITATIONS

20

Scholarly Papers (34)

1.

The Risk of Financial Intermediaries

Journal of Banking and Finance, Vol. 44, July, 2014: pp 1-12, Bank of Finland Research Discussion Paper No. 18/2014
Number of pages: 43 Posted: 07 Oct 2014
Manthos D. Delis, Iftekhar Hasan and Efthymios G. Tsionas
Audencia Business School, Fordham University and Athens University of Economics and Business - Department of Economics
Downloads 243 (176,491)
Citation 1

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estimation of risk, profit function, financial institutions, banks, endogenous risk, US banking sector

2.

Corporate Social Responsibility (CSR) Revisited: The Case of International Shipping

Number of pages: 48 Posted: 09 Nov 2013
Wolfgang Drobetz, Andreas G. Merikas, Anna Merika and Efthymios G. Tsionas
University of Hamburg, University of Piraeus, American College of Greece (DEREE) and Athens University of Economics and Business - Department of Economics
Downloads 189 (222,848)

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3.

Entrepreneurship: Getting Nonnormality Right

Number of pages: 44 Posted: 21 Jan 2002
Anatoly F. Kandel and Efthymios G. Tsionas
Caldwell College - Business Department and Athens University of Economics and Business - Department of Economics
Downloads 162 (254,123)
Citation 1

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Information and Uncertainty, States of Nature, Games with Nature, Markov Decision Problem, Entrepreneurship, Nonnormal Probability Distributions, Extreme Volatility, Bayesian Inference, Bayes Factors, Markov Chain Monte Carlo Algorithm

4.

Revisiting Herding Behavior: Likelihood Evidence

Number of pages: 42 Posted: 10 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 148 (273,537)
Citation 2

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Herding Behavior, US Stock Markets, Stochastic Volatility, Likelihood analysis, Markov Chain Monte Carlo, Financial Markets

5.

On the Estimation of the Risk of Financial Intermediaries

29th International Conference of the French Finance Association (AFFI) 2012
Number of pages: 36 Posted: 09 Oct 2012
Manthos D. Delis and Efthymios G. Tsionas
Audencia Business School and Athens University of Economics and Business - Department of Economics
Downloads 86 (398,911)

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6.

On the Estimation of Marginal Cost

Number of pages: 32 Posted: 25 Oct 2016
Manthos D. Delis, Maria Iosifidi and Efthymios G. Tsionas
Audencia Business School, University of Surrey - Surrey Business School and Athens University of Economics and Business - Department of Economics
Downloads 67 (458,382)
Citation 2

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Estimation of Marginal Cost; Parametric Models; Semi-Parametric Models, Nonparametric Models, California Electricity Industry, Actual and Simulated Data

Estimation of Input Distance Functions: A System Approach

American Journal of Agricultural Economics, Forthcoming
Number of pages: 20 Posted: 23 Feb 2015
Efthymios G. Tsionas, Subal C. Kumbhakar and Emir Malikov
Athens University of Economics and Business - Department of Economics, State University of New York (SUNY) at Binghamton - Department of Economics and University of Nevada, Las Vegas
Downloads 59 (495,454)

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Cost Minimization, Dairy Production, Dairy Quota, Endogeneity, Input Distance Function, Stochastic Frontier

Estimation of Input Distance Functions: A System Approach

American Journal of Agricultural Economics, Vol. 97, Issue 5, pp. 1478-1493, 2015
Number of pages: 16 Posted: 15 Apr 2020
Efthymios G. Tsionas, Subal C. Kumbhakar and Emir Malikov
Athens University of Economics and Business - Department of Economics, State University of New York (SUNY) at Binghamton - Department of Economics and University of Nevada, Las Vegas
Downloads 1 (933,997)
Citation 3

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Cost minimization, dairy production, dairy quota, endogeneity, input distance function, stochastic frontier, system estimation

8.

Bayesian Inference in Multivariate Stable Distributions Using Copulae

Number of pages: 12 Posted: 10 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 56 (499,916)
Citation 1

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Multivariate Stable Distributions, Bayesian inference, spectral measure, copula

9.

Firms’ Risk Endogenous to Strategic Management Choices

British Journal of Management, Forthcoming, Bank of Finland Research Discussion Paper No. 16/2015
Number of pages: 45 Posted: 29 Aug 2015
Manthos D. Delis, Iftekhar Hasan and Efthymios G. Tsionas
Audencia Business School, Fordham University and Athens University of Economics and Business - Department of Economics
Downloads 52 (516,676)

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Risk, Strategic Management, Endogenous, Profit Function

10.

A Cost System Approach to the Stochastic Directional Technology Distance Function with Undesirable Outputs: The Case of U.S. Banks in 2001-2010

Journal of Applied Econometrics, Forthcoming
Number of pages: 25 Posted: 08 Sep 2015
Emir Malikov, Subal C. Kumbhakar and Efthymios G. Tsionas
University of Nevada, Las Vegas, State University of New York (SUNY) at Binghamton - Department of Economics and Athens University of Economics and Business - Department of Economics
Downloads 43 (558,440)
Citation 1

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Bad Outputs, Commercial Banks, Directional Distance Function, Endogeneity, MCMC, Nonperforming Loans, Productivity, Technical Change

11.

Duality in the Berger - Mester Profit Function

Number of pages: 7 Posted: 10 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 36 (595,236)

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profit function, duality, alternative profit function, banking, market power

12.

Bayesian Inference in Multivariate Stable Distributions

Number of pages: 41 Posted: 10 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 35 (600,896)

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Bayesian inference, multivariate stable distributions, MCMC

13.

A Consistent Approach to Cost Efficiency Measurement

Number of pages: 21 Posted: 12 Mar 2004
Georgios (George) C. Bitros and Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics and Athens University of Economics and Business - Department of Economics
Downloads 34 (606,653)

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14.

Market and Political Power Interactions in Greece: An Empirical Investigation

Athens University of Economics and Business, Working Paper Series 6-2016
Number of pages: 49 Posted: 06 Aug 2016
Athens University of Economics and Business - Department of Economics, Bank of Greece, Athens University of Economics and Business - Department of Economics and University of Ioannina - Department of Economics
Downloads 32 (618,581)
Citation 5

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Labor market institutions; Political Institutions; Public sector wage premium; Self employed taxation gap; Growth; Business cycles; Greek crisis

15.

Inflation and Productivity: Empirical Evidence from Europe

Number of pages: 16 Posted: 17 Apr 2003
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 31 (624,793)

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16.

Inflation, Shadow Prices and the Emu: Evidence from Greece

Number of pages: 20 Posted: 11 Jul 2004
Efthymios G. Tsionas and Dimitris Christopoulos
Athens University of Economics and Business - Department of Economics and Panteion University of Athens - Department of Economic and Regional Development
Downloads 30 (631,068)

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17.

Bayesian Analysis of Multivariate Stable Distributions Using One-Dimensional Projections

Number of pages: 40 Posted: 10 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 29 (637,499)

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Multivariate stable distributions, spectral measure, Markov Chain Monte Carlo, Bayesian inference

18.

Fiducial Approximations to Posterior Distributions

Number of pages: 53 Posted: 10 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 27 (650,980)

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fiducial inference, MCMC, Bayesian analysis, posterior approximation

19.

ABCD Inference

Number of pages: 29 Posted: 11 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 25 (665,243)

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Bayesian analysis, Approximate Bayesian Computation, ABC, MCMC

20.

Book Reviews

Number of pages: 40 Posted: 29 Mar 2004
Emory & Henry College, Federal Reserve Bank of Atlanta, University of California, Davis, Williams College - Department of Economics, University of Nebraska at Lincoln - Department of Economics, University of Washington - Department of Geography, California State University, Long Beach - Department of Economics, University of Quebec at Montreal - INRS, University of Strathclyde in Glasgow, Athens University of Economics and Business - Department of Economics, McMaster University, University of Oxford, Florida State University - Department of Geography, State University of New York (SUNY) at Buffalo, National University of Ireland, Galway, Mississippi State University, University of Miami, Allegany College of Maryland and University of California, Los Angeles (UCLA) - School of Public Policy & Social Research
Downloads 22 (687,912)

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21.

Generic Latent Variable Sampling

Number of pages: 21 Posted: 10 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 21 (695,667)

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Bayesian analysis, Markov Chain Monte Carlo

22.

On the Impossibility of Efficiency in Production

Number of pages: 30 Posted: 10 Feb 2013
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 21 (695,667)

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optimal inefficiency, firm behavior, technical inefficiency

23.

A Proportional Scale-Invariant Measurement of Heterogeneous Directional Distances to the Technological Frontier

Number of pages: 36 Posted: 06 Nov 2017
University of Nevada, Las Vegas, Athens University of Economics and Business - Department of Economics and State University of New York (SUNY) at Binghamton - Department of EconomicsUniversidad EAFIT - School of Economics and Finance - Center for Research in Economic & Finance (CIEF)
Downloads 20 (703,460)

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Bad Outputs, Commercial Banks, Efficiency, MCMC, Multiplicative Directional Distance Function, Nonperforming Loans, Productivity

24.

An Internally Consistent Approach to the Estimation of Market Power and Cost Efficiency with an Application to U.S. Banking

European Journal of Operational Research, 2018
Number of pages: 26 Posted: 27 Apr 2018
Efthymios G. Tsionas, Emir Malikov and Subal C. Kumbhakar
Athens University of Economics and Business - Department of Economics, University of Nevada, Las Vegas and State University of New York (SUNY) at Binghamton - Department of Economics
Downloads 18 (719,562)

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Productivity, Competitiveness, Efficiency, Market Power, Lerner Index, Banks, Quiet Life Hypothesis

25.

Bayesian Approach to Disentangling Technical and Environmental Productivity

Econometrics, Forthcoming
Number of pages: 21 Posted: 09 Jun 2015
Emir Malikov, Subal C. Kumbhakar and Efthymios G. Tsionas
University of Nevada, Las Vegas, State University of New York (SUNY) at Binghamton - Department of Economics and Athens University of Economics and Business - Department of Economics
Downloads 17 (728,031)

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bad output, by-production, efficiency, MCMC, productivity

26.

Prometheus Bound: Polarization is Possible in the Neoclassical Growth Model

Metroeconomica, Vol. 59, Issue 2, pp. 203-211, May 2008
Number of pages: 9 Posted: 09 Apr 2008
Efthymios G. Tsionas and Loukas Theocharis
Athens University of Economics and Business - Department of Economics and affiliation not provided to SSRN
Downloads 9 (801,677)

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27.

On Modeling Banking Risk

Bank of Greece Working Paper No. 183
Number of pages: 32 Posted: 18 Aug 2022
Efthymios G. Tsionas
Athens University of Economics and Business - Department of Economics
Downloads 1

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Financial Stability; Banking; Expected Utility Maximization; Sub-prime crisis; Financial Crisis; Eurozone; PIIGS

28.

Returns to scale, productivity and efficiency in US banking (1989-2000): the neural distance function revisited

Bank of Greece Working Paper No. 126
Number of pages: 22 Posted: 27 Jul 2022
National Technical University of Athens (NTUA), European Central Bank (ECB)Bank of Greece and Athens University of Economics and Business - Department of Economics
Downloads 1 (893,913)

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Output distance function, Neural networks, Technical efficiency, US banks

29.

Technical and allocative efficiency in European banking

Bank of Greece Working Paper No. 46
Number of pages: 33 Posted: 15 Jul 2022
Sophocles N. Brissimis, Matthaios Delis and Efthymios G. Tsionas
Bank of Greece, Athens University of Economics and Business and Athens University of Economics and Business - Department of Economics
Downloads 1 (893,913)

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Technical and allocative efficiency; Translog cost function; Maximum likelihood; European banking

30.

Quantifying and Explaining Parameter Heterogeneity in the Capital Regulation-Bank Risk Nexus

Journal of Financial Stability, Vol. 8, 2012
Posted: 22 May 2009 Last Revised: 30 Jul 2012
Manthos D. Delis, Kien C. Tran and Efthymios G. Tsionas
Audencia Business School, University of Saskatchewan - Economics and Athens University of Economics and Business - Department of Economics

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Capital regulation, risk-taking of banks, local generalized method of moments

31.

The Joint Estimation of Bank-Level Market Power and Efficiency

Posted: 21 Oct 2008 Last Revised: 14 Jun 2010
Manthos D. Delis and Efthymios G. Tsionas
Audencia Business School and Athens University of Economics and Business - Department of Economics

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Efficiency, market power, local maximum likelihood

32.

Technical and Allocative Efficiency in European Banking

Posted: 16 Jun 2008 Last Revised: 14 Jun 2010
Sophocles N. Brissimis, Manthos D. Delis and Efthymios G. Tsionas
Bank of Greece, Audencia Business School and Athens University of Economics and Business - Department of Economics

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Technical and allocative efficiency, Translog cost function, Maximum likelihood, European banking

33.

Measuring Technical and Allocative Inefficiency in the Translog Cost System: A Bayesian Approach

Posted: 29 Dec 2004
Subal C. Kumbhakar and Efthymios G. Tsionas
State University of New York (SUNY) at Binghamton - Department of Economics and Athens University of Economics and Business - Department of Economics

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Technical efficiency, translog cost function system, Markov Chain Monte Carlo techniques, panel data, nonlinear random effect models and commercial banks

34.

Efficiency in European Railways: Not as Inefficient as One Might Think

Journal of Applied Economics, Vol. 4, No. 1, pp. 63-88, May 2001
Posted: 29 Jun 2004
Panteion University of Athens - Department of Economic and Regional Development, Athens University of Economics and Business - Department of International and European Economic Studies and Athens University of Economics and Business - Department of Economics

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Technical efficiency, symmetric generalized McFadden form, flexible functional forms, duality, input-specific technical efficiency, European railways