Studies

Diploma, 1980, Aristotle University of Thessaloniki
Diplomed'Etudes Approfondies (DEA), 1981,Universite de Paris I
Doctorate, 1985, Universite de Paris I

Occupation

2007, Associate Professor, Department of Economics, AUTH
1998-2007, Assistant Professor, Department of Economics, AUTH
1994-1998, Senior Lecturer, Department of Economics, AUTH
1989-1994, Lecturer, Department of Economics, AUTH

Teaching

Introductory Economics, Microeconomics MOney,
Banking, Finance

journals, collective volumes, conference proceedings

1. "Foreign exchange reserves and the Greek balance of payments", (in greek) Monthly Bulletin of the Chamber of Commerce and Industry of Thessaloniki, 1983, pp.41-55
2. "The evolution of monetary integration in Europe", (in greek) Monthly Bulletin of the Chamber of Commerce and Industry of Thessaloniki, 1986, pp.3-18
3. "Testing Efficiency in the Greek Initial Public Offers Market" in W.-R. Heilmann (ed.) Geld, Banken und Versicherungen, Karlsruhe, 1990
4. "Stock Price Dynamics in an Error Correction Market Model: Evidence from the Athens Stock Exchange", in J.Janssen and Ch.Skiadas(eds), Applied Stochastic Models and Data Analysis, World Scientific, 1992
5. "The Pricing of Initial Public Offerings in the Athens Stock Exchange: 1985-1995", Ekonomia, 1998, 186-206
6. "Investigating Efficiency in Betting Markets: Evidence from the Greek 6/49 Lotto", Journal of Banking and Finance, 1998, 1597-1615 (lead author with D.Karamanis)
7. "Stochastic Behaviour of the Athens Stock Exchange: A Case of Institutional Nonsynchronous Trading", Applied Financial Economics, 1999, 239-250
8. "The British Gambler's Fallacy", Applied Economics, 2004, 2073-2077
9. "Is Lottery Demand Elasticity a Reliable Marketing Tool? Evidence from a Game Innovation in Greece", International Review of Economics,vol. 53, no 4, December 2006, 627-640
10. "Do Risk-averse Lottery Players Become Risk-seeking Lottery Winners?", 109-120, in A.Vogiatzis (Ed), Festschrift in honour of Maria Negreponti-Delivanis, University of Macedonia, Thessaloniki, 2006 (with J.Kiritsis)
11. "Public Procurement and Foreign Direct Investment Across France, Germany, Italy and the UK", Atlantic Economic Journal, Vol.36, no 2, 2008, 183-193 (with D.Mardas &N.Varsakelis)
12. "On the demand for lotteries in Greece", International Journal of Business and Economics, Vol. 6, no 3, 2007, 255-259 (with G.Geronikolaou)
13. "Scale Economies of Lotto Once More", Applied Economics Letters, Vol.16, no 3, 2009, 319-323
14. "Fund Management and its Effect in the Greek Social Security System", Journal of Pension Economics and Finance, vol.8 no.4 , 485-500, October, 2009 (with N.Milonas & T.Roupas)
15. "Is there an adverse effect of uncertainty on venture capital? The European evidence" Applied Economics Letters, Vol.18, no4, 383-388, 2011 (with G.Geronikolaou)
16. "Pension Funds under Investments Constraints" (chapter 3) In: Marco Micocci,Greg N.Gregoriou and Giovanni Masala (Editors). Pension Fund Risk Management: Financial & Actuarial Modeling. Chapman and Hall London 2010 (with N.Milonas & T.Roupas)
17. "Venture Capital and Innovation in Europe", Modern Economy, vol. 3, 2012, 454-459 (with G.Geronikolaou)
18. "Is there a trade-off between financial performance and outreach in south asian Microfinance institutions?", Journal of Developing Areas, vol. 48, No 4, Fall 2014 381-402 (with Sanju Adhikary)
19. "Information revelation in the ASE preopening", Journal of International Markets, Institutions and Money, vol. 38, pp.167-184,2015(with P.Anagnostidis and A.Kanas)
20. "State lotteries as a multiproduct monopoly", Managerial and Decision Economics, DOI: 10.1002/mde.2726 2015 (with G.Geronikolaou)
21."Liquidity commonality in order driven trading: Evidence from the Athens Stock Exchange" (forthcoming) Applied Economics (with P.Anagnostidis and N.Thomaidis)
22."Lottery demand elasticity dispersion: The case of Canada and the UK", Applied Economics, DOI:10.1080/00036846.2015.1137551, 2016 (with G.Geronikolaou)
23."Bargaining power and project risk in Venture Capital investments", Economics Letters, DOI:10.1016/j.econlet.2016.02.007, 2016 (with G.Geronikolaou)

Work in progress