Curriculum Vitae
EMPLOYMENT
Professor of Economics, January 2016 – Current
Academic Director, Wheeler Institute for Business and Development, January 2017 – today
LONDON BUSINESS SCHOOL, Economics Department
OTHER APPOINTMENTS
Research Fellow, July 2008-present
CENTRE FOR ECONOMIC POLICY RESEARCH (CEPR), International Macroeconomics Program
Joint Managing Editor, Review of Economic Studies, September 2021 - Current
PAST & VISITING EMPLOYMENT & POSITIONS
Hal Varian Visiting Professor of Economics, September 2019 – June 2020
MIT, Department of Economics
UBS Center Visiting Professor of Economics, September 2017 – December 2017
Univesrity of Zurich
Associate Professor of Economics, July 2012 – January 2016
LONDON BUSINESS SCHOOL, Economics Department
Assistant Professor of Economics, July 2007 – June 2012
DARTMOUTH COLLEGE, Department of Economics
Visiting Assistant Professor of Economics, September 2010 – June 2012
HARVARD UNIVERSITY, Department of Economics
Economist, September 2005-June 2007
EUROPEAN CENTRAL BANK; DG-Research, Financial Research Division
Faculty Research Fellow, May 2011 – December 2016
NATIONAL BUREAU OF ECONOMIC RESEARCH (NBER), Political Economy (PE); International Macroeconomics and Finance (IFM) Program
EDUCATION
Ph.D. in Economics, October 2005.
LONDON BUSINESS SCHOOL, Economics Department
Thesis Title: “Essays on the Political Economy of Economic and Financial Development”
Masters in Public Policy and Administration (MPA), May 2001
COLUMBIA UNIVERSITY, School of International and Public Affairs (SIPA)
Concentration: International Economics
LL.B. Bachelor’s in Law, September 1999
NATIONAL & KAPODISTRIAN UNIVERSITY OF ATHENS, Law School
PUBLICATIONS
Religion and Social Mobility in Africa. (with A. Alesina, S. Hohmann, and S. Michalopoulos). May 2023. Nature 618, 134-143.
The Globalization of Corporate Control (with L. Fonseka and K. Nikalexi). Journal of International Economics, forthcoming
Estimating Cross-Industry Cross-Country Models Using Benchmark Industry Characteristics (with A. Ciccone), January 2023, Economic Journal, 133 (649): 130-158.
The Political Economy of Populism (with S. Guriev). September 2022, Journal of Economic Literature, 60(3): 753-832. [lead article]
Intergenerational Mobility in Africa. (with A. Alesina, S. Michalopoulos, and S. Hohmann). Econometrica, January 2021, 89(1): 1-35. [lead article]
Corporate Control around the World (with G. Aminadav), 2020. Journal of Finance, June, 75(3): 1191-1246. [lead article]
Historical Legacies and African Development (with S. Michalopoulos). March 2020. Journal of Economic Literature, 58(1): 53-128.
Regional Transfer Multipliers [replacing Transfer Multipliers. Quasi-Experimental Evidence from Brazil] (with R. Corbi and P. Surico), Review of Economic Studies, October 2019, 86(5): 1901-1934.
The European Trust Crisis and the Rise of Populism (with Y. Algan, S. Guriev, and E. Passari). Brookings Papers on Economic Activity, 2018
Spatial Patterns of Development: A Meso Approach (with S. Michalopoulos). Annual Review of Economics, August 2018, 10(1): 383-410.
The Long-Run Effects of the Scramble of Africa (with S. Michalopoulos), American Economic Review, July 2016, 106(7): 1802-1848.
Ethnic Inequality (with A. Alesina and S. Michalopoulos), Journal of Political Economy, April 2016, 124(2): 428-488.
On the Ethnic Origins of African Development: Traditional Chiefs and Pre-colonial Political Centralization (with S. Michalopoulos), Academy of Management Perspectives, February 2015, 29(1): 32-71.
Further Evidence on the Link between Pre-Colonial Political Centralization and Comparative Economic Development in Africa (with S. Michalopoulos), Economic Letters, January 2015, 126(1): 57-62
National Institutions and Subnational Development in Africa (with S. Michalopoulos), Quarterly Journal of Economics. February 2014, 129(1): 151-215.
Financial Regulation, Financial Globalization, and the Synchronization of Economic Activity (with S. Kalemli-Ozcan and J.-L. Peydro). Journal of Finance, June 2013, 68(3): 1179-1228.
Global Banks and Crisis Transmission (with S. Kalemli-Ozcan and F. Perri). Journal of International Economics, March 2013, 89(2): 495-510.
Pre-colonial Ethnic Institutions and Contemporary African Development (with S. Michalopoulos). Econometrica, January 2013, 81(1): 113-152.
What Lies Beneath the Euro’s Effect on Financial Integration? Currency Risk, Legal Harmonization, or Trade? (with S. Kalemli-Ozcan and J.-L. Peydro-Alcalde). Journal of International Economics, May 2010, 81(1): 75-88.
What Drives International Financial Flows? Politics, Institutions and Other Determinants. Journal of Development Economics, March 2009, 88(2): 269-281.
Human Capital, the Structure of Production, and Economic Growth. (with A. Ciccone). Review of Economics and Statistics, February 2009, 91(1): 66-82.
Democratization and Growth. (with G. Siourounis). Economic Journal, October 2008, 118(10): 1520-1551. [recipient of the RES Austin Robinson Memorial Prize and the EEA Young Economist Award]
Economic and Social Factors Driving the Third Wave of Democratization (with G. Siourounis), Journal of Comparative Economics, September 2008, 36(3): 365-387.
Financial Development and Intersectoral Investment (with A. Ciccone); September 2008, Moneda y Credito, Special Issue of Bank of Spain Annual Research Conference.
Red Tape and Delayed Entry (with A. Ciccone), Journal of the European Economic Association (Papers and Proceedings), April-May 2007, 5(2-3): 444-458.
Optimal Currency Shares in International Reserves: The Impact of the Euro and the Prospects for the Dollar (with R. Portes and G. Siourounis); Journal of the Japanese and International Economics, December 2006, 20(4): 508-547. Special NBER-CEPR-TCER-CIRJE Issue in International Finance.
COMMENTS
- State Capacity, Reciprocity, and the Social Contract (by T. Besley). A Comment. Econometrica, July 2020, 88(4): 1351-1358.
- Is Europe an Optimal Political Area? (by A. Alesina, G. Tabellini, and F. Trebbi). A Comment. Brookings Papers on Economic Activity, Spring 2017.
WORKING PAPERS (COMPLETED)
Forced Displacement and Human Capital. (with G. Chiovelli, S. Michalopoulos, and S. Sequiera), October 2023. revise and resubmit Quarterly Journal of Economics
Landmines and Spatial Development (with G. Chiovelli and S. Michalopoulos). NBER WP 24758, November 2023. revised and resubmittted Econometrica
International Unions and Integration. (with O. Celebi). February 2023, CEPR DP 2023.
Public and private liquidity during crisis times: evidence from Emergency Liquidity Assistance (ELA) to Greek banks (with A. Kotidis and D. Malliaropoulos), Bank of Greece WP 304, August 2023.
Adjustment to Target Capital, Finance, and Growth (with A. Ciccone), November 2006. CEPR DP 5969.
Entry Regulation and Inter-sectoral Reallocation (with A. Ciccone), July 2008 .
BOOK CHAPTERS
1. The Greek Justice System. Collapse and Reform (with S. Karatza), Chapter 12 in Beyond Austerity. Reforming the Greek Economy. Editors C. Meghir, C. Pissarides, N. Vettas, and D. Vayanos, MIT Press, Fall 2017.
· In Greek. Ελληνική Δικαιοσύνη. Κατάρρευση και Μεταρρυθμίσεις. Κεφάλαιο 12. Πέρα από την Λιτότητα. Πανεπιστημιακές Εκδόσεις Κρήτης. Δεκέμβριος 2017.
2. The Scramble for Africa and its Legacy. (with S. Michalopoulos). In The New Palgrave Dictionary of Economics. Palgrave Mc Millan. Winter 2016.
3. Needed: A European Institution Union. in “How to Fix the Eurozone. Views of Leading Economists. Editors. R. Baldwin and F. Giavazzi. VOX E-book. February 2016.
4. Eurozone’s Original Sin? Nominal rather than Institutional Convergence. In The Eurozone Crisis: A Consensus View of the Causes and a Few Possible Solutions. Editors. R. Baldwin and F. Giavazzi. VOX E-book. September 2015.
5. Institutions, Finance, and Economic Activity: Views and Agenda. June 2013; Chapter 19 in The Social Value of the Financial Sector: Too Big to Fall or Too Big? Federal Reserve Bank of Chicago
6. Trust(ing) in Europe? June 2013. Center for European Policy Studies Report
7. Financial Integration and Risk Sharing: The Role of Monetary Union (with S. Kalemli-Ozcan, Simone Manganelli, and Jose-Luis Peydro), in The Euro at Ten: 5th European Central Banking Conference 13-14 November 2008, February 2010.
8. Costs and Benefits of Running an International Currency (with R. Portes); European Commission on the Status of the European Economy. European Economy Economic Papers 348. November 2008.
9. The International Role of the Euro: A Status Report. (with R. Portes). Chapter 3 in EMU@10. European Commission, DG-EC/FIN, 2010.
10. Financial Development and Inter-sectoral Investment (with A. Ciccone); September 2008, Moneda y Credito, Special Issue of Bank of Spain Annual Research Conference.
11. Finance and Growth: A Macroeconomic Assessment of the Evidence from a European Angle. Chapter 2 in Financial Institutions and Markets: A European Perspective. X. Freixas, P. Hartmann and C. Mayer (eds.), 2007, Oxford University Press, Oxford, UK.
12. The role of financial markets and innovation in productivity and growth in Europe (with P. Hartmann, F. Heider, and M. Lo Duca) Chapter 4 in Financial Institutions and Markets: A European Perspective. X. Freixas, P. Hartmann and C. Mayer (eds.), 2007, Oxford University Press, Oxford, UK. (ECB Occasional Paper 72, 2007)
EDITORIAL SERVICE
Review of Economic Studies, Managing Co-Editor, Member of the Editorial Board
Econometrica, Associate Editor
Journal of the European Economic Association, Associate Editor
Economic Journal, Associate Editor
Journal of Comparative Economics, Associate Editor
EconomicPolicy, Panel Member