Welcome to my homepage.
Currently, I am a PhD candidate at Athens University of Economics and Business (Greece).
My research interests lie in the areas of Experimental Economics, Political Economics and Cultural Economics.
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About Me
About Me
You may find my full CV by clicking here
Contact Email: pariarou@aueb.gr
Working Papers
Working Papers
Church Exposure and Prosocial Behavior (Job Market Paper)
Investors vs gamblers: demographics and attitudes of cryptocurrency holders (with S. Georganas, A. Kiayias, P. Penna, and A. Velias)
The role of patience on government spending cyclicality (with P. Kammas and V. Sarantides)
Work in Progress
Work in Progress
Who to Blame? Inflationary Shocks, Voter Misperceptions, and Political Accountability (with S. Georganas and A. Velias)
Gender inequality, female suffrage and culture
Church Exposure and Prosocial Behavior (Job Market Paper)
Abstract: This paper tests the hypothesis that exposure to the Medieval Western Church- particularly through the implementation of marriage prohibitions under the Marriage and Family Program (MFP)-shaped moral and economic behavior today. Building on Goody (1983) and Schulz et al. (2019), we argue that the Church’s bans on cousin marriage weakened clan-based kinship networks and transformed family organization toward the nuclear model. Following Henrich (2020) and Schulz (2022), we show that this historical transformation has had long-lasting implications for moral values and civic behavior. Using cross-country data, individual-level analysis, and evidence from second-generation immigrants, we find that regions with greater historical exposure to the Western Medieval Church display significantly higher tax morality and lower tolerance toward tax evasion, bribery, and other forms of dishonest behavior. The relationship remains robust after controlling for geography, institutional quality, and socio- demographic characteristics. Overall, our results highlight the Western Church’s long-lasting impact on prosocial behavior and civic norms in modern societies.
Investors vs gamblers: demographics and attitudes of cryptocurrency holders
(with Sotiris Georganas, Aggelos Kiayias, Paolo Penna and Alina Velias)
Abstract: We present evidence from a large-scale, nationally representative survey that identifies cryptocurrency holders within the general population and systematically compares them to non-holders. This design allows us to study the correlates of participation in the cryptocurrency market with an appropriate counterfactual — the broader population from which holders are drawn — extending prior research that has primarily examined cryptocurrency users in isolation. Our survey includes a rich battery of measures capturing socio-demographic characteristics, economic outcomes, and beliefs about cryptocurrencies, alongside incentivised experimental economics tasks assessing key behavioural traits such as risk tolerance and time preferences. We further contrast cryptocurrency holders with investors active in other asset markets but not in cryptocurrencies. Importantly, our analysis goes beyond current ownership: among non-holders, we investigate the determinants of intending versus not intending to hold cryptocurrency in the future. This dual focus enables us to map both the current profile of crypto investors and the characteristics of potential future entrants, providing a comprehensive behavioural portrait of crypto engagement. The results offer novel insights into how cryptocurrency holders differ from both the general population and other investor groups, and shed light on the behavioural and belief profiles associated with participation in this emerging financial market.
The role of patience on government spending cyclicality
(with Pantelis Kammas and Vassilis Sarantides)
Abstract: The behavior of government expenditures over the business cycle has long attracted the attention of scholars (see Gavin et al., 1996; Gavin and Perotti, 1997). This paper seeks to investigate empirically the role of time preference on government spending cyclicality. Our empirical findings suggest that lower time preference is negatively correlated to pro-cyclical fiscal policies across countries. To the best of our knowledge, this is the first study that investigates the potential role of culture, and more precisely the role of time preference on the cyclicality of fiscal policy over the business cycle.
Gender inequality, female suffrage and culture
Abstract: There exist significant differences in the level of gender inequality even in countries with similar institutional and economic structure (Guiso et al., 2006; Alesina et al., 2013; Giuliano, 2020). The literature attributed gender inequality to women’s education, economic development and discrimination against women (Goldin, 1990). Nevertheless, more recent literature indicates that gender inequality may be shaped by cultural values and beliefs (Alesina et al., 2013; Michalopoulos and Xue, 2021). This paper tests the impact of culture on extending voting rights to women and its subsequent effects on gender inequality. More precisely, we provide empirical evidence that the structure of the family and the customs of pre- industrial societies affected the extension of voting rights to women. Our results indicate that societies which delayed establishing women's voting rights still exhibit higher levels of gender inequality today.
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