Simulation for the stability and DEA risk analysis of Greek banks within a prolonged duration of the debt crisis

Main Author: Konstantinos Kyritsis
Other Authors: Panagiotis Rekleitis
Panagiotis Trivelas
Format: Journal article
Language: English
Published: Procedia Economics and Finance (Elsevier) 2015
Subjects:
Online Access: http://cris.teiep.gr/jspui/handle/123456789/1347
Physical Description: 11
Citation: Procedia Economics and Finance 33 ( 2015 ) 376 – 387
Abstract: Abstract In the current paper, we study the stability and the survival probabilities of enterprises and banks within a prolonged duration of the debt-crisis (after 2007,and beyond 2011), with simulation. We utilize historical data from banks and enterprises within the debt-crisis to define crisis-variability and crisis-average values of input parameters of the simulation. We also compute Data Envelopment Analysis (DEA), with relevant to simulation inputs and outputs, so as to have a mutual relative efficiency of the Banks, and some enterprises