Recent Publications of Faculty Members

    George Alogoskoufis

    • Asymmetries in Post-War Monetary Arrangements in Europe: From Bretton Woods to the Euro Area (with Gravas, C. and Jacque, L., 2023, Journal of Economic Asymmetries, November 2023 https://doi.org/10.1016/j.jeca.2023.e00320.
    • The Twin Deficits, Monetary Instability and Debt Crises in the History of Modern Greece, 2023, GreeSE Paper no. 189, Hellenic Observatory, London School of Economics and Political Science.
    • The State and the Economy of Modern Greece: Key Drivers from 1821 to the Present, 2023, GreeSE Paper no. 184, Hellenic Observatory, London School of Economics and Political Science.
    • “The Scope and Methodology of Economic and Financial Asymmetries" (with Maliaris, A. and Stengos, Th.), Journal of Economic Asymmetries, 2023, 27. https://doi.org/10.1016/j.jeca.2023.e00297.
    • Unemployment Persistence, Inflation and Monetary Policy in a Model of Nominal Wage Contracts and Staggered Pricing, (with Stelios Giannoulakis), Working Paper (forthcoming).
    • "Asymmetries of Financial Openness in an Optimal Growth Model”, Journal of Economic Asymmetries, June 2021, 23, forthcoming.
    • Historical Cycles of the Economy of Modern Greece: From 1821 to the Present, Working Paper no.1-2021, Department of Economics, Athens University of Economics and Business (also, GreeSE Paper no.158, Hellenic Observatory, London School of Economics).
    • Before and After the Euro, Gutenberg, Athens (in Greek), 2021.

    Fabio Antoniou

    • Regulatory Stringency and Emission Leakage Mitigation (with Hatzipanayotou, P. and Tsakiris, N.), 2024. Forthcoming at Environmental and Resource Economics. https://doi.org/10.1007/s10640-023-00837-8.
    • Storable Goods Monopoly with Intertemporal Cost Variations (with Fiocco, R.), 2023, International Economic Review 64, 361-385 . https://doi.org/10.1111/iere.12596.
    • "Tax Competition in the Presence of Environmental Spillovers" (with Michael, S. M., Hatzipanayotou, P., and Tsakiris, N.),  International Tax & Public Finance, 2022, 29, pp. 600-626. https://doi.org/10.1007/s10797-021-09680-3.

    Stylianos Arvanitis

    • Spanning Analysis of Stock Market Anomalies under Prospect Stochastic Dominance (with Scaillet, O. and Topaloglou, N.), 2023, Management Science. (published online 20/10/23).
    • Generalized Stochastic Arbitrage Opportunities (with Post, T.), 2023, Management Science. (published online 15/09/23).
    •  Mild Explocivity, Persistent Homology and Cryptocurrencies' Bubbles: An Empirical Exercise (with Detsis, M.), 2024,  AIMS Mathematics 9, no. 1 (2024): 896-917. (published online 4/12/23)
    •  Stochastic Arbitrage Opportunities: Set Estimation and Statistical Testing (with Post, T.), 2024, Mathematics, 12(4), 608. http://dx.doi.org/10.2139/ssrn.3828368..
    • "Concentration Inequalities for Kernel Density Estimators under Uniform Mixing", Journal of the Korean Statistics Society, 2023. https://doi.org/10.1007/s42952-023-00208-5.
    • "Sparse Spanning Portfolios and Under-Diversification with Second-Order Stochastic Dominance" (with Scaillet, O. and Topaloglou, N.), 2023, Working Paper.
    • "Limit Theory for Martingale Transforms with Heavy-Tailed Multiplicative Noise" (with Louka, A.), submitted to Stochastic Models, 2022
    • "Inconsistency for the Gaussian QMLE in GARCH-type Models with Infinite Variance, Communications in Statistics - Theory and Methods" (with Louka, A ), 2022 DOI: 10.1080/03610926.2022.2107665.
    • "Stochastic Dominance Efficient Sets and Stochastic Spanning", 2021, Decisions Econ Finan. https://doi.org/10.1007/s10203-021-00325-y
    • "Diversification Benefits in the Cryptocurrency Market under Mild Explosivity" (with Anyfantaki, S. and Topaloglou, N.), 2021, European Journal of Operational Research. https://doi.org/10.1016/j.ejor.2021.02.058
    • "Stochastic Bounds for Reference Sets in Portfolio Analysis" (with Post, S.and Topaloglou, N.), 2021, Management Science. https://doi.org/10.1287/mnsc.2020.3838
    • "Nonparametric Tests for Optimal Predictive Ability" (with Post, T., Potì, V. and Karabati, S.), 2021, International Journal of Forecasting, 37(2), 881-898. https://doi.org/10.1016/j.ijforecast.2020.10.002

    Georgios Bitros

    Yiannis Dendramis

    Evangelos Dioikitopoulos

    Ioannis Katsoulacos

    • “Comparing the role of economics/effects-based in antitrust enforcement and its relation to the judicial review in the EC to other countries" (with Avdasheva, S., Golovaneva, S., Benetatou, K. and Makri, G.), The Journal of European Competition Law & Practice, 2021.

    Ioannis Kospentaris

    Efthymia Kyriakopoulou

    • The Zoom City: working from home, urban productivity and land use (with Picard, P.), 2023, Journal of Economic Geography, 23:1397-1437.

    Theodore Lianos

    • Declining Population and FDP Growth (with Pseiridis, A. and Tsounis, N.), Humanities and Social Sciences Communications, https://doi.org/10.1057/s41559-023-02223-7.
    • "Population and Steady-State Economy in Plato and Aristotle", Journal of Population and Sustainability, 2023, 7, pp. 123-138. https://doi.org/10.3197/JPS.63799953906862.
    • "Is a Capitalist Steady- State Economy Possible? Is It Better in Socialism?", Real World Economics Review, 2021, issue no. 95, pp. 1-10.

    Helen Louri

    • Government Debt Accumulation and Non-Performing Loans: An ARDL Bounds Testing Approach (with Karadima, M.), Economics and Business Letters, 2022,11(4), pp. 150-160. DOI:10.17811/ebl.11.4.2022.150-160.
    • “Economic activity and sources of finance in Greece: The predominant role of banks” (with Migiakis, P.), 2021 chapter 7 in G. Alogoskoufis and K. Featherstone (eds), Greece and the Euro, (forthcoming).
    • “Bank profitability in the euro area: The asymmetric effect of common supervision” (with Avgeri, I and Dendramis, Y.), 2021, LEQS Papers 170, LSE (forthcoming).
    • “Bank profitability in the euro area: The asymmetric effect of common supervision” (with Avgeri, I and Dendramis, Y.), 2021, in D. Nguyen (ed), Handbook of Banking and Finance in Emerging Markets, Edward Elgar Publishing (forthcoming).
    • “Determinants of non-performing loans in Greece: The intricate role of fiscal expansion" (with Karadima,M.), 2021, GreeSe Papers, no 160, HO/EI, LSE.
    • “Economic policy uncertainty and NPLs: The moderating role of bank concentration” (with Karadima, M.), 2021, Finance Research Letters, 38, 101458.

    Ioanna Sapfo Pepelasis

    • Evangelia Matthopoulou and Ioanna Sapfo Pepelasis, (2021). “An Initial Study  of the Emerging Corporate Sector in Cyprus and Comparisons with Greece ,1920/23-1957”  in P. Kimourtzis, A.Mandylara , N. Boubaris (eds) , History, a Good Art, Essays dedicated to G.V. Dertilis, Athens, Asini. (In Greek) 

    Apostolis Philippopoulos

    • Can Central Banks do the Unpleasant Job that Governments Should Do? (with Dimakopoulou, V., Economides, G. and Vassilatos, V.), 2024, accepted for publication in European Economic Review.
    • On the Provision of Excludable Public Goods: General Taxes or User Prices? (with Economides, G,), 2024, accepted for publication in Scottish Journal of Political Economy.
    • "The Macroeconomic Effects of Funding US Infrastructure" (with Malley, J.), European Economic Review, 2023 https://doi.org/10.1016/j.euroecorev.2022.104334.
    • "Who Benefits from International Fiscal Cooperation? The Role of Cross-Country Asymmetries" (with Liontos, G.), Journal of Economic Asymmetries, 2023
      https://doi.org/10.1016/j.jeca.2023.e00290.
    • "On the Mix of Government Expenditures and Tax Revenues" (with Economides, G., Park, H. and Sakkas, S.), Macroeconomic Dynamics, 2022, vol. 26, pp. 1-48.
    • "The Impact of the Lockdown on the Greek Economy and the Role of the Recovery Fund" (with Economides, G. and Vassilatos, E.), The B.E. Journal of Macroeconomics, 2022, vol. 22, pp. 307-361.
    • "The ECB's Policy, the Recovery Fund and the Importance of Trust and FIscal Corrections: The Case of Greece"(with Dimakopoulou, V. and Economides, G.), Economic Modelling, 2022, vol. 112.
    • "User Prices and Multiplicity in a Simple General Equilibrium Model" (with Economides, G.), FinanzArchiv/Public Finance Analysis, 2022, vol. 78, pp. 379-392. DOI: 10.1628/fa-2022-0012.
    • "Public Redistributive Policies in General Equilibrium: An Application to Greece" (with Angelopoulos, A., Economides G., Liontos, G. and Sakkas, S.), Journal of Economic Asymmetries, 2022, https://doi.org/10.1016/j.jeca.2022.e00271.
    • “Austerity, assistance and institutions: Lessons from the Greek sovereign debt crisis”. Joint paper with George Economides and Dimitris Papageorgiou. Forthcoming in Open Economies Review, 2021.
    • “The distributional consequences of rent seeking”. Joint paper with Angelos Angelopoulos, Konstantinos Angelopoulos and Spyridon Lazarakis. Forthcoming in Economic Inquiry, 2021.
    • “Institutions and macroeconomic performance: Core vs periphery countries in the Eurozone”. Joint paper with Tryfonas Christou and Vanghelis Vassilatos. Forthcoming in Oxford Economic Papers, 2021.

    Plutarchos Sakellaris

    Vassilis Sarantides

    • Historical Pathogen Prevalence and the Radius of Trust (with Kammas, P.), European Economic Review, 2024, vol.162. https://doi.org/10.1016/j.euroecorev.2023.104658.
    • Investing in the Roots of your Political Ancestors (Kammas, P. and Poulima, M.) International Tax and Public Finance, 2024.
    • Fueling the Party Machine: Evidence from Greece during Metapolitefsi (with Kammas, P & Poulima, M.), Explorations in Economic History, forthcoming. https://doi.org/10.1016/j.eeh.2023.101538

    Elias Tzavalis

    • “Exploring Okun’s Law Asymmetry: An Endogenous Threshold LSTR Approach" (with Christopoulos, D.K and McAdam, P.), Oxford Bulletin of Economics & Statistics, 2023, 85(1), pp. 123-158. https://onlinelibrary.wiley.com/toc/14680084/2023/85/1
    • "Improving Variance Forecasts: The Role of Realized Variance Features" (with Papantomis, Y. and Rompolis, L.), International Journal of Forecasting, 2023, forthcoming.
      https://doi.org/10.1016/j.ijforecast.2022.05.006
    • "Augmenting the Realized-GARCH: The Role of Signed-Jumps, Attenuation-Biases and Long-Memory Effects" (with Papantoνis, Y., Rompolis,  L. and Agapitos, O.), Studies in Nonlinear Dynamics & Econometrics, 2023, 27(2), pp. 171-198 https://doi.org/10.1515/snde-2020-0131
    • "Panel Unit-Root Tests with Structural Breaks" (with Chen, P. and Karavias, Y.), The Stata Journal, 2022, 22, pp. 667-678.
      https://journals.sagepub.com/doi/pdf/10.1177/1536867X221124541.
    • "Missing Values in Panel Data Unit Root Tests" (with Karavias, Y. and Zhang, H.), Econometrics, 2022, 10(1), 1-12 https://doi.org/10.3390/econometrics10010012.
    • "Predicting Future Exchange Rate Changes Based on Interest Rates and Holding-Period Returns Differentials Net of the Forward Risk Premium Effects" (with Elias, N. and Smyrnakis, D.), International Review of Economics & Finance, 2022, 79, pp. 694-715. https://doi.org/10.1016/j.iref.2021.11.011.
    • "Dealing with Endogeneity in Threshold Models Using Copulas" (with Christopoulos, D.K. and McAdam, P.), Journal of Business & Economic Statistics, 2021, 39(1), pp. 166-178. https://doi.org/10.1080/07350015.2019.1647213.
    • “The Influence of Real Interest Rates and Risk Premium Effects on the Ability of the Nominal Term Structure to Forecast Inflation” (with Argyropoulos, E.), Quarterly Review of Economics and Finance, 2021, 80, 785-796.

    Petros Varthalitis

    • Is Ireland the most Intangible Intensive Economy in Europe? A Growth Accounting Perspective, joint with I.Kostarakos and K.McQuinn, Review of Income and Wealth, 2023. https://doi.org/10.1111/roiw.12651
    • A Machine Learning Approach to Construct Quarterly Data on Intangible Investment for Eurozone, joint with A. Alexopoulos, Economics Letters, vol. 231, 2023.
    • "Public Debt Consolidation and its Distributional Effects" (with S. Sakkas), The Manchester School, vol. 89,  No. S1, pp. 131-174. https://doi.org/10.1111/manc.12291.

    Andriana Vlachou

    • "Energy Transitions: The Case of Greece with a special focus on the Role of the EU ETS" (with G. Pantelias), Science & Society, 2022, Vol. 86, No 4 (October), pp. 516-545.
    • "The Economic Crisis of Greece and Transformations Initiated by Memoranda", review essay, Science & Society, 2021, Vol. 85, No 3 (July), pp. 412-421.
    • "The EU Emissions Trading System in crisis-ridden Greece: Climate under Neoliberalism", Review of Radical Political Economics, 2021, 53:1, pp. 35-57 (with Pantelias, G.).

    Eleftherios Zacharias