PUBLICATIONS
JOURNAL ARTICLES
- ‘How can green differentiated capital requirements affect climate risks? A dynamic macrofinancial analysis’, Journal of Financial Stability, forthcoming (with M. Nikolaidi)
- ‘Climate change, financial stability and monetary policy’, Ecological Economics, 2018, 152, pp. 219-234 (with M. Nikolaidi and G. Galanis).
- ‘Debt cycles, instability and fiscal rules: a Godley-Minsky synthesis’, Cambridge Journal of Economics, 2018, 42 (5), pp. 1277-1313
- ‘Climate change challenges for central banks and financial regulators’, Nature Climate Change, 2018, 8 (6), pp. 462-468 (with E. Campiglio, P. Monnin, J. Ryan-Collins, G. Schotten and M. Tanaka).
- ‘A stock-flow-fund ecological macroeconomic model’, Ecological Economics, 2017, 131, pp. 191-207 (with M. Nikolaidi and G. Galanis).
- ‘Linking functional with personal income distribution: a stock-flow consistent approach’, International Review of Applied Economics, 2015, 29 (6), pp. 787-815 (with C. Papatheodorou).
- ‘The “other half” of the public debt-economic growth relationship: a note on Reinhart and Rogoff’, European Journal of Economics and Economic Policies: Intervention, 2015, 12 (1), pp. 20-28.
- ‘Finance, monetary policy and the institutional foundations of the Phillips curve‘, Review of Political Economy, 2013, 25 (4), pp. 607-623 (with G. Argitis).
- ‘What drives inequality and poverty in the EU? Exploring the impact of macroeconomic and institutional factors’, International Review of Applied Economics, 2013, 27 (1), pp. 1-22 (with C. Papatheodorou).
- ‘Liquidity preference, uncertainty, and recession in a stock-flow consistent model’, Journal of Post Keynesian Economics, 2012, 34 (4), pp. 749-776.
- ‘Working poor, labour market and social protection in the EU: a comparative perspective’, International Journal of Management Concepts and Philosophy, 2012, 6 (1-2), pp. 71-88 (with C. Papatheodorou).
- ‘Finance, inflation and employment: a post-Keynesian/Kaleckian analysis’, Cambridge Journal of Economics, 2011, 35 (6), pp. 1015-1033 (with G. Argitis).
CHAPTERS IN EDITED VOLUMES
- ‘Fiscal policy and ecological sustainability: a post-Keynesian perspective’, In: Arestis, P., Malcolm, S. (eds.), Frontiers of Heterodox Macroeconomics, Palgrave Macmillan, Basingstoke, 2019, pp. 277-322 (with M. Nikolaidi).
- ‘Economic crisis and poverty in Greece and the EU: the effects of macroeconomic environment and social protection’, In: Social Policy and Social Cohesion in Greece under Conditions of Economic Crisis, Athens: Bank of Greece, 2012, pp. 89-119 (with C. Papatheodorou; in Greek).
WORKING PAPERS
- ‘Institutional supercycles: an evolutionary macro-finance approach’, Rebuilding Macroeconomics, Working Paper No. 15, July 2020 (with D. Gabor and J. Michell)
- ‘How can green differentiated capital requirements affect climate risks? A dynamic macrofinancial analysis’, SSRN, July 2020 (with M. Nikolaidi)
- ‘Fiscal policy and ecological sustainability: a post-Keynesian perspective’, PKES Working Paper 1912, 2019 (with M. Nikolaidi)
- ‘Climate change, financial stability and monetary policy’, PKSG Working Paper 1712, 2017 (with M. Nikolaidi and G. Galanis)
- ‘A stock-flow-fund ecological macroeconomic model’, PKSG Working Paper 1612, 2016 (with M. Nikolaidi and G. Galanis)
- ‘Debt cycles, instability and fiscal rules: a Godley-Minsky model’, Economics Working Paper 1509, University of the West of England, 2015.
REPORTS/STUDIES/BRIEFS
- ‘Decarbonising the Bank of England’s QE: perfectly sensible?’, New Economics Foundation, 2020 (with D. Gabor, M. Nikolaidi and F. van Lerven)
- Finance and Climate Change: A Progressive Green Finance Strategy for the UK, Report of the independent panel commissioned by Shadow Chancellor of the Exchequer John McDonnell MP, 2019 (with D. Gabor, M. Nikolaidi, P. Rice, F. van Lerven, R. Kerslake, A. Pettifor and M. Jacobs).
- ‘Can green QE reduce global warming?’, Foundation for European Progressive Studies (FEPS), 2018 (with M. Nikolaidi and G. Galanis)
- ‘A new ecological macroeconomic model: analysing the interactions between the ecosystem, the financial system and the macroeconomy’, New Economics Foundation, 2015 (with G. Galanis and M. Nikolaidi).
- The Contribution of the Social Protection System to Economic Growth, Study 26, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2013 (with C. Papatheodorou; in Greek).
- Macroeconomic Policy, Functional Income Distribution and Inequality: A Theoretical Analysis, Study 23, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2012 (with C. Papatheodorou; in Greek).
- ‘How can the Greek trade balance improve?’, Policy Brief 5, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2012 (with M. Nikolaidi; in Greek).
- ‘The macroeconomic assumptions of the austerity programme in Greece: are they realistic?’, Policy Brief 2, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2011 (with M. Nikolaidi; in Greek).
- ‘The paradox of social policy in Greece: why the rise in social protection expenditures did not reduce poverty’, Policy Brief 1, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2011 (with C. Papatheodorou; in Greek).
- The Sovereign Debt Crisis in Greece: Causes and Prospects, Report 4, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2011 (with G. Argitis and M. Nikolaidi; in Greek).
- Public Programme Budgeting: An Institution Conducive to Economic and Social Development or to Fiscal Austerity? Study 11, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2011 (with G. Argitis and A. Marsellou; in Greek).
- Dimensions of Labourers’ Poverty and Deprivation in Greece and the Attica, Hellenic Social Policy Association, Athens, 2010 (with C. Papatheodorou; in Greek).
- Structure and Trends in Economic Inequality and Poverty in Greece and the EU, 1995-2008, Report 2, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2010 (with C. Papatheodorou; in Greek).
- Macroeconomic Environment, Inequality and Poverty: An Empirical Analysis of the Impact of Economic Growth and Social Protection in Greece and the EU, Study 3, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2010 (with C. Papatheodorou; in Greek).
- Economic Growth, Inequality and Poverty: Theoretical and Empirical Approaches, Study 2, Observatory of Economics and Social Developments, Labour Institute, Greek General Confederation of Labour, 2010 (with C. Papatheodorou, E. Papadopoulou and G. Sakellaridis; in Greek).
- Economic Inequality and Poverty in Greece: Comparative Analysis and Intertemporal Trends, Report 1, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour , 2008 (with C. Papatheodorou, S. Danchev and Α. Marsellou; in Greek).
- Poverty in Greece: Similarities and Differences under Alternative Methodological Approaches, Study 1, Observatory of Economic and Social Developments, Labour Institute, Greek General Confederation of Labour, 2008 (with A. Theofilakou, C. Mavrodimitrakis and P. Tsakloglou; in Greek).
BOOK REVIEWS
- Review of: Hein, E., Distribution and Growth after Keynes: A Post-Keynesian Guide, Edward Elgar, 2014, in: Journal of Economics Library, 2015, 2 (2), pp. 102-104.
- Review of: Hein, E., Money, Distribution Conflict and Capital Accumulation: Contributions to ‘Monetary Analysis’, Palgrave Macmillan, 2008, in: Bulletin of Political Economy, 2010, 4 (1), pp. 79-82.
RESEARCH GRANTS
- Climate change and central bank asset purchases, Principal Investigator: Yannis Dafermos, Co-Investigators: Daniela Gabor, Maria Nikolaidi, Frank van Lerven, Funder: INSPIRE – ClimateWorks Foundation, 2020-2021
- Greening the Eurosystem collateral framework, Principal Investigator: Yannis Dafermos, Co-Investigators: Daniela Gabor, Maria Nikolaidi, Frank van Lerven, Funder: INSPIRE – ClimateWorks Foundation, 2019-2020
- Managing supercycles: Globalisation and institutional change, Principal Investigator: Daniela Gabor, Co-Investigators: Yannis Dafermos, Jo Michell, Funder: Rebuilding Macroeconomics, ESRC, 2019-2020
- How can central banks enhance ecological sustainability? Vice-Chancellor’s Early Career Research Development Award, University of the West of England, 2015-2016
- Modelling the interactions between the ecosystem, the financial system and the macroeconomy, Principal Investigator: New Economics Foundation, Co-Investigators: Yannis Dafermos, Giorgos Galanis, Maria Nikolaidi, Funder: Network for Social Change, 2014-2016
WORK EXPERIENCE
2019-present: Lecturer in Economics, SOAS University of London
2016-2019: Senior Lecturer in Economics, University of the West of England
2013-2016: Lecturer in Economics, University of the West of England
2011–2013: Researcher, Labour Institute, Greek General Confederation of Labour
2008-2010: Freelance researcher in economics and biostatistics
TEACHING
CURRENT TEACHING
- Macroeconomic Analysis, Undergraduate level 2 (Module Convenor), SOAS University of London
- Advanced Macroeconomics, Postgraduate level (Module Convenor), SOAS University of London
PAST TEACHING
- Macroeconomics, Undergraduate level 1 (Module Leader), University of the West of England, 2015-2019
- Contemporary issues in banking and finance, Undergraduate level 3, University of the West of England, 2015-2019
- Sustainable organisation: vision into practice, Postgraduate level, University of the West of England, 2014-2019
- Time-series econometrics, Continuing Professional Development (CPD) programme on applied econometrics, University of the West of England, 2014-2017
- Econometrics, Undergraduate level 3, University of the West of England, 2014-2015
- Statistics and data management, Undergraduate level 1, University of the West of England, 2014-2015
- Introduction to macroeconomics, Undergraduate level 1, University of Athens, 2009-2010
QUALIFICATIONS
2015: Postgraduate Certificate in Teaching and Learning in Higher Education, University of the West of England
2012: PhD in Economics, University of Athens
2007: MPhil in Economics, University of Athens
2005: BSc in Management Science and Technology, Athens University of Economics and Business
INVITED PRESENTATIONS
05/2020: ‘Wynne Godley and ecological macroeconomics’, Conference on the Legacy of Wynne Godley, Levy Economics Institute of the Bard College
12/2019: ‘How can green differentiated capital requirements affect climate risks? A dynamic macrofinancial analysis’, Workshop on Coupled Climate-Ecology-Economy Modeling and Model Hierarchies, Institut Henri Poincaré, Sorbonne University, Paris
10/2019: ‘Ecological macroeconomics and the Green New Deal’, Rethinking Economics Pisa, University of Pisa/Sant’Anna School, Pisa
10/2019: ‘SFC ecological macro models for climate policy analysis: opportunities and research challenges’, Institute for Ecological Economics, Vienna University of Economics and Business, Vienna
09/2019: ‘Environmental sustainability, central bank operations and the real economy’, INSPIRE workshop in association with GRASFI, University of Oxford, Oxford
08/2019: ‘Stock-flow consistent modelling and ecological macroeconomics’, FMM Summer School, Berlin
06/2019: ‘Institutional supercycles: an evolutionary macro-finance approach’, Bank of England, London
04/2019: ‘Planetary Health and finance: perspectives on macro modelling’, Planetary Health finance workshop, Oxford Martin School, Oxford
03/2019: ‘What is ecological macroeconomics?’, Still Rethinking? The need for pluralism in economics, University of Greenwich, London
03/2019: ‘Climate risks and green differentiated capital requirements’, Expert roundtable on macro-financial risks and climate change, UCL, London
09/2018: ‘Climate change and finance: the big picture’, Post-growth conference, European Parliament, Brussels
07/2018: ‘Climate risks and financial stability’, Closing plenary session, EcoMod conference, Venice
06/2018: ‘Understanding the financial system’, Office for National Statistics (ONS), Newport
05/2018: ‘Building a stock-flow consistent model in practice’, Lab session for PhD students, University of Greenwich, London
10/2017: ‘Climate change, financial stability and monetary policy’, Workshop on climate change, the energy transition and the financial System, France Stratégie & Chair in Energy and Prosperity, Paris
06/2017: ‘Building a stock-flow consistent model in practice’, Lab session for PhD students, University of Greenwich, London
12/2016: ‘A stock-flow-fund ecological macroeconomic model’, Agence Française de Développement (AFD), Paris
09/2016: ‘Modelling the transition to a circular economy’, Ellen MacArthur Foundation, Isle of Wight
08/2016: ‘Introduction to stock-flow consistent modelling’, Summer School on applied stock-flow consistent macro-modelling, Kingston University, London
06/2016: ‘Building a stock-flow consistent model in practice’, Lab session for PhD students, University of Greenwich, London
04/2016: ‘Ecological macroeconomics, finance and degrowth’, Post-Crash Economics Society, University of Manchester, Manchester
12/2015: ‘A stock-flow-fund ecological macroeconomic model’, Political Economy seminar series, Kingston University, London
12/2015: ‘A stock-flow-fund ecological macroeconomic model’, MISUM seminar series, Stockholm School of Economics, Stockholm
05/2015: ‘An ecological stock-flow-fund modelling framework’, 25th Annual Workshop of the Post-Keynesian Economics Study Group, SOAS, London
05/2015: ‘Building a stock-flow consistent model in practice’, Lab session for PhD students, University of Greenwich, London
06/2014: ‘Monetary policy and the distribution of personal income and wealth’, Workshop on Monetary Policy and Sustainability, Council on Economic Policies, Bellagio
05/2014: ‘Debt cycles, instability and fiscal rules: a Godley-Minsky model’, Cambridge Keynes seminar, University of Cambridge, Cambridge
PROFESSIONAL ACTIVITIES
- Journal referee: Cambridge Journal of Economics [2]; Climate Policy; Competition & Change; Ecological Economics [6]; Economic Modelling [3]; Energy for Sustainable Development; Environmental Policy and Governance; European Journal of Economics and Economic Policies: Intervention [3]; International Economics; International Journal of Social Welfare; International Review of Applied Economics [4]; International Review of Economics and Finance; Journal of Economic Behavior and Organization; Journal of Economic Policy Reform; Journal of Environmental Management; Journal of Evolutionary Economics [2]; Journal of Financial Stability; Metroeconomica [2]; Nature Climate Change; Review of International Political Economy; Review of Political Economy; Review of Radical Political Economics; The Social Science Journal; World Development
- Referee: Austrian Climate and Energy Fund; Research Foundation Flanders (FWO); Routledge; World Bank
- Guest co-editor: Journal of Financial Stability (special issue on ‘Climate risks and financial stability’, forthcoming); Canadian Journal of Development Studies (special issue on ‘Covid-19 and Crises of Capitalism: Global Responses and Intensifying Inequalities’, forthcoming)
- Associate Editor, Review of Evolutionary Political Economy, 2019-present
- Council member, European Association for Evolutionary Political Economy (EAEPE), 2020-present
- Research area coordinator, European Association for Evolutionary Political Economy (EAEPE), 2016-present
- Committee member, Post-Keynesian Economics Society (PKES), 2014-present
- Working paper series co-editor, Post-Keynesian Economics Society (PKES), 2014-2020
- Convenor, MSc Economics, SOAS University of London, 2019-present
- Consultant, Banco Central do Brasil, 2020
- External examiner for undergraduate and postgraduate modules: University of Greenwich, 2016-2020
- External PhD examiner: University of Surrey, 2015; Universitat Jaume I, 2019; Kingston University, 2020
- Fellow, Higher Education Academy, 2015-present
- Member, Reteaching Economics, 2014-present
- Research Associate, New Economics Foundation, 2014-2016
- Programme committee member, EcoMod Conference, 2018
RESEARCH INTERESTS
- Financial macroeconomics
- Climate change and finance
- Ecological macroeconomics
- Shadow banking
- Inequality
COMPUTING SKILLS
EViews; MATLAB; R; SPSS; Stata
