Publications

Books

• Kirikos, D.G. Macroeconomic Analysis and Policy, Hellenic Academic Libraries, Athens 2015 (in Greek).

• Lianos, T.P. and Kirikos, D.G. Macroeconomic Analysis, Hellenic Open University, Patras 2008 (in Greek).

Articles in Refereed Journals and Collective Volumes

1. Kirikos, D. G. (2025) "Non-linearities in the Phillips curve: Evidence from the euro area" Quantitative Finance and Economics, forthcoming.

2. Kirikos, D.G. (2024) "Quantitative easing effectiveness: Evidence from euro private assets" Bulletin of Economic Research, vol. 76, No. 2, 354-370, https://doi.org/10.1111/boer.12427.

3. Kirikos, D.G. (2022) "An evaluation of quantitative easing effectiveness based on out-of-sample forecasts" National Accounting Review  vol. 4, No. 4, pp. 378-389. https://doi.org/10.3934/NAR.2022021

4. Kirikos, D.G. (2022) "Are quantitative easing effects transitory? Evidence from out-of-sample forecasts" Journal of Financial Economic Policy  vol. 14, No. 6, pp. 811-822. https://doi.org/10.1108/JFEP-04-2022-0099

5. Kirikos, D.G. (2021) "Monetary Policy Effectiveness in the Liquidity Trap: A Switching Regimes Approach", Review of Keynesian Economics 9, No 1, pp. 139-155.

6. Kirikos, D.G. (2020) "Quantitative Easing Impotence in the Liquidity Trap: Further Evidence" Economic Analysis and Policy 68, pp. 151-162.

7. Kirikos, D.G. (2017) "Secular Stagnation: Is it in the data?" Economia Internazionale / International Economics 70, No 4, pp. 411-418.

8. Kirikos, D.G. (2017) "Debt Supercycle in Greece and Secular Stagnation in the Eurozone: Implications for Policy", in The Greek Debt Crisis - In Quest of Growth in Times of Austerity, Palgrave Macmillan, pp. 85-108 (ISBN: 978-3-319-59101-8).

9. Kirikos, D.G. (2014) "Random Walk or Switching Regimes in Stock Prices? Evidence from out-of-sample forecasts", International Business Research 7, No 4, pp. 84-91.

10. Kirikos, D.G. (2013) "How did the financial crisis affect the forecasting performance of time series exchange rate models? Evidence from euro rates", International Journal of Economics and Finance 5, No 2, pp. 28-34.

11. Kirikos, D.G. (2009) "Time Series Implications of Risk and Efficiency: evidence from Greece, 1994-2007", International Review of Applied Financial Issues and Economics 1, No1, pp. 43-55.

12. Kirikos, D.G. (2004) "A Reconsideration of Uncovered Interest Rate Parity under Switching Policy Regimes", Economia Internazionale / International Economics 57, No 2, pp. 125-144.

13. Kirikos, D.G. (2002) "Discrete Policy Interventions and Rational Forecast Errors in Foreign Exchange Markets: The Uncovered Interest Parity Hypothesis Revisited", International Journal of Finance and Economics 7 , pp. 327-338.

14. Kirikos, D.G. (2000) "Forecasting Exchange Rates Out of Sample: Random Walk vs. Markov Switching Regimes", Applied Economics Letters 7 , pp. 133-136.

15. Kirikos, D.G. and Terzakis, D. (1999) "Exchange Rate Policy and Stock Price Forecasting: Evidence from Greece", in C. Siriopoulos (ed) Topics in Financial Economics and Risk Analysis (Paratiritis, Thessaloniki, Greece), pp. 247-257 (ISBN: 960-374-052-7).

16. Kirikos, D.G. (1998) "Stochastic Segmented Trends in the Exchange Rate: the Greek Drachma / U.S. Dollar Rate, 1981-1998", European Research Studies 1 (No 3), pp. 47-60.

17. Kirikos, D.G. (1996) "Risk Aversion and the Efficient Markets Model for Stock Prices: Evidence from the Athens Stock Exchange", in J. Doukas and L. Lang (eds) Research in International Business and Finance, Vol. XIII, Supplement 1 (JAI Press), pp. 279-295 (ISBN: 0-7623-0110-4). PDF 

18. Kirikos, D.G. (1996) "The Role of the Forecast-Generating Process in Assessing Asset Market Models of the Exchange Rate: a Nonlinear Case", European Journal of Finance 2 , pp. 125-144.

19. Kirikos, D.G. (1994) "Cointegration, Risk Aversion and Real Asset Prices", Applied Economics Letters 1 , pp. 236-240.

20. Kirikos, D.G. and Rich, R.W. (1994) "Some Tests for Speculative Exchange Rate Bubbles Based on Unit Root Tests", Spoudai 44 , pp. 14-30.

21. Kirikos, D.G. (1993) "Exchange Rate Bubbles in a Near Cash-in-Advance Model", Greek Economic Review 15 , pp. 137-152. PDF 

22. Kirikos, D.G. (1993) "Testing Asset Market Models of the Exchange Rate: a VAR Approach", Applied Economics 25 , pp. 1197-1216.

23. Kirikos, D.G. (1991) "Looking for Rational Exchange Rate Bubbles", Spoudai 41 , pp. 390-407.

Conference Proceedings

1. Kirikos, D.G. “Switching Regimes in Asset Prices? Evidence from Pre- and Post-Crisis data”. In Hellenic Open Business Administration International Web-based Conference, 8-9 March 2014.

2. Kirikos, D.G. "Forecasting Exchange Rates: A comparison of naive, linear, and regime-switching models". In 10th International Conference of the European Economics and Finance Society, University of London, London, UK, 9-12 June 2011.

3. Kirikos, D.G. "Market Efficiency and Risk Aversion: Recent Evidence from the Athens Stock Exchange". In 7th International Conference of the European Economics and Finance Society, University of Economics, Prague, Czech Republic, 22-25 May 2008.

4. Kirikos, D.G. "A Reconsideration of Uncovered Interest Rate Parity under Switching Policy Regimes". In Applied Econometrics Association International Conference on Exchange Rates, Session IV, Marseilles, France, 6-7 March 2003.

5. Kirikos, D.G. "Central Bank Behavior and Predictability of Excess Returns in Foreign Exchange Markets: Evidence from E.U. Countries". In International Conference Reshaping the Architecture of the International Financial System, Session XIV (organized by Centre d' Economie et de Finances Internationales). Banca Monte dei Paschi, Siena, Italy, 23-24 May 2000. 

6. Kirikos, D.G. and D. Terzakis "Forecasting the Greek Drachma / U.S. Dollar Exchange Rate: an Application of a Markov Switching Regimes Process". In Proceedings of the 2nd International Symposium on Semi-Markov Models: Theory and Applications, Universite de Technologie de Compiegne, France, 9-11 December 1998. 

7. Kirikos, D.G. and D. Terzakis "Testing Uncovered Interest Parity: an Application of a Markov Switching Regimes Process". In Applied Stochastic Models and Data Analysis, Proceedings of the 11th Panhellenic Statistics Conference (Greek Statistical Institute and Technical University of Crete, Athens) 1999, pp. 219-227. (Abstract)