Current Positions

  • Professor, University of Surrey, 2025-
  • President, Karl Brunner Institute 2020-
  • Research Fellow, Federal Reserve Bank of St Louis, 2013-
  • Advisor, Study Center Gerzensee, 2025-
  • Professor Emeritus , University of Bern, 1998-2025
  • Research Fellow, Center for Economic Policy Research (CEPR)
  • Co-Editor, Open Economies Review
  • Associate Editor, Journal of Money Credit and Banking
  • Visiting Scholar, Federal Reserve Bank of New York, 2014- ,  Bank of Greece, 2016-

Education

  • Ph.D. (1985) University of Rochester
  • B.A. (1980) Athens School of Economics and Business (Greece)

Some recent publications:

  • Public debt as private liquidity: Optimal policy, (with George-Marios Angeletos and Fabrice Collard),  Journal of Political Economy, November 2023, 131(11), 3233-3264.
  • Business cycle anatomy, (with George-Marios Angeletos and Fabrice Collard), American Economic Review, October 2020, 110(10), 3030-70.
  • Quantifying Confidence, with George-Marios Angeletos and Fabrice Collard,  Econometrica,  September 2018, 86(5), 1689–1726.
  • Optimal monetary and prudential policies, (with Fabrice Collard, Behzad Diba, and Olivier Loisel),  American Economic Journal: Macroeconomics, January 2017, 9 (1),  40-87.
  • Fiscal multipliers in recessions, (with Matt Canzoneri, Fabrice Collard and Behzad Diba), Economic Journal,  February 2016, 125(590), 75-108.
 

Curriculum Vitae

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