Prof. Michael Haliassos

Homepage

https://sites.google.com/view/michaelhaliassos/home

Position

Professor of Macroeconomics and Finance, Goethe University Frankfurt

Vita

Prof. Michael Haliassos holds the Chair for Macroeconomics and Finance at Goethe University Frankfurt and is Founding Director of the CEPR Network on Household Finance, and Research Fellow of the Centre for Economic Policy Research and of NETSPAR. He has been advisor to the European Central Bank on the Household Finances and Consumption Survey since its inception in 2006; and is consultant to the European Securities and Markets Authority (ESMA) on Investor Protection. He has been Director of the Center for Financial Studies (1.2010-12.2015) and Founding Director of SAFE, a multi-million center of excellence (2013-15). His research focuses on Household Finance, where he has been among the early contributors. Haliassos received a B.A. from Cambridge and a Ph.D. from Yale in 1987 under the supervision of Nobel Laureate James Tobin. Prior to joining Goethe in 2004, he was faculty at the Universities of Maryland and Cyprus, and Part Time Professor at the European University Institute.

Recent Publications

Books and special issues Edited

  • Haliassos, Michael (Editor), Critical Writings in Household Finance, in the International Library of Critical Writings in Economics series founded by Mark Blaug. Edward Elgar Publishers, October 2015 (3 volumes, 2,880 pages)
  • Faia, E., A. Hackethal, M. Haliassos, and K. Langenbucher (eds.), Financial Regulation: A Transatlantic Perspective, Cambridge: Cambridge University Press, August 2015 (374 pages)
  • Calvet, L., M. Haliassos, and A. Michaelides (Editors), Special Issue on Household Finance, Journal of Pension Economics and Finance, Cambridge University Press, October 2015.

Refereed Journal Articles

  • Haliassos, Michael, Thomas Jansson, and Yigitcan Karabulut, “Incompatible European Partners? Cultural Predispositions and Household Financial Behavior”. Forthcoming in Management Science
  • Bilias, Yannis, Dimitris Georgarakos, and Michael Haliassos, “Has Greater Stock Market Participation Increased Wealth Inequality in the US?”, forthcoming in Review of Income and Wealth (Previously circulated under the title “Equity Culture and the Distribution of Wealth”.)
  • Georgarakos, Dimitris, Michael Haliassos, and Giacomo Pasini, “Household Debt and Social Interactions”, Review of Financial Studies, 27(5), May 2014, pp. 1404-33
  • Christelis, Dimitris, Dimitris Georgarakos, and Michael Haliassos, “Differences in Portfolios Across Countries: Economic Environment versus Household Characteristics”, Review of Economics and Statistics, 95(1), March 2013, pp. 220-36

Refereed Book Chapters

  • Flevotomou, M., Haliassos, M., Kotsogiannis, C., and Meghir, C. (2016) “Tax and Welfare Reform in Greece”. in C. Meghir, C. Pissarides, D. Vayanos, and N. Vettas (eds.), Beyond Austerity: Reforming the Greek Economy, MIT Press, forthcoming in 2017
  • Haliassos, M., Hardouvelis, G., Tsoutsoura, M. and Vayanos, D. (2015). “Financial Development and Macroeconomic Stability”, in C. Meghir, C. Pissarides, D. Vayanos, and N. Vettas (eds.), Beyond Austerity: Reforming the Greek Economy, MIT Press, forthcoming in 2017
  • Haliassos, Michael, “Keeping Households out of Financial Trouble”, in E. Faia, A. Hackethal, M. Haliassos, and K. Langenbucher (eds.), Financial Regulation: A Transatlantic Perspective, Cambridge: Cambridge University Press, 2015, pp. 195-220

Policy Chapters and Reports 

  • Haliassos, M. “Developing Growth Potential for the Greek Economy”, in P. Petrakis (Editor), A New Growth Model for the Greek Economy: Requirements for Long-Term Sustainability, Palgrave Macmillan, 2016, pp. 83-98
  • Haliassos, M. “The European North-South Divide: Dealing with the Poor Relative”, in A. Michaelides and A. Orphanides (Eds.), The Cyprus Bail-in: Policy Lessons from the Cyprus Economic Crisis, London: Imperial University Press, 2016, pp. 309-26
  • Haliassos, M. (2015). “Challenges in Designing Investor-Borrower Protection”, in conference volume to commemorate 25 years of the Spanish regulator CNMV, edited by Pablo Gasós (CNMV), Ernest Gnan (OeNB and SUERF), and Morten Balling (Aarhus University and SUERF), SUERF Studies Series
  • Haliassos, M. with the 10 other members of the 2010-13 Greek National Council on Research and Technology, National Strategic Framework for Research and Innovation, August 2014, 74 pages, in English

Course(s)

Global Economic Environment