Aristotelis Koutroulis
Aristotelis Koutroulis
Research Fellow


Financial Development and Economic Growth, Financial Economics
Study of the effects of the European financial integration on the Greek financial system.

Contact Info

Amerikis 11, A 106 72
210-3676 424
210-3630122, 210-3611136

Curriculum Vitae

Academic Credentials

  • Ph.D. in Economics, University of Essex, United Kingdom (2002).

  • M.Sc. in Economics, Athens University of Economics and Business, Greece (1995).

  • B.A in Economics, University of Piraeus, Greece (1992).

Further Educational Training 

  • Monetary and Credit Issues, Department of Economics and Related Studies, University of York, United Kingdom (1993).

  • Marketing-Management, Central Union of Champers of Greece (1993).

  • Contemporary Methods in Finance, Greek Association of Business Administration (1992).

Honors and Awards

  • Scholarship in Economics by the (Greek) State Foundation of Scholarships (IKY) (1996-2000).

  • Scholarship by the Athens University of Economics and Business (1993-1995).

Professional Experience

  • Research Fellow, Centre for Planning & Economic Research (June 2003-today).

Publications & Research Output

Books, Monographs

  • Financial Markets and Intermediaries, Economic Growth and Welfare. (2002). Ph.D. dissertation, University of Essex.

Contributions in KEPE Collaborations regarding Development Plans and related projects

  • The Greek 2004 Competitiveness Report. [In Greek: Έκθεση για την Ανταγωνιστικότητα, 2004.] (2005). Author of the chapter on Financial System (pp.99-101). The study was coordinated by Dr. S. Handrinos. Athens: Greek Ministry of Development.

Papers Submitted for Publication

  • Taylor’s Rule and the Greek Monetary Policy: 1980-2000. (Co-authored with I. Venetis)

  • Finance and Economic Growth: The Case of Greece, 1960-2005.

Research in Progress (to be submitted for publication)

  • Financial Institutions, Liquidity Provision, Welfare, and Economic Growth: An Overview of the Literature.

  • Financial Markets, Liquidity Provision and Economic Growth.

  • Liquidity Creation under the Coexistence of Financial Markets with Banks: Welfare and Growth Implications.

Research in Progress (at an early stage)

  • Financial Markets and Economic Growth: The Role of Education and Educational Policies in Determining the Sign and the Size of Financial Markets’ Growth Effect.

  • Financial Development, Income Distribution, Rent Seeking, and Economic Growth.

  • Financial Development, Entrepreneurship, and Economic Growth.

  • Equity Culture and the Public’s Attitudes toward Economic Policy.

  • Greece in the process of the European Financial Integration.

Participation in Professional Meetings and Conferences

  • “Financial Markets, Liquidity Provision, and Economic Growth.” Series of Seminars Organized by the Department of Economics in the University of Crete, Greece (May, 2003).

Other Unpublished Work  

  • ‘Monetarism and the New Classical School: Similarities and Differences’. [In Greek: Ο Μονεταρισμός και η Νέα Κλασσική Σχολή: Ομοιότητες και Διαφορές.] (June 1992). University of Piraeus.

  • ‘Factoring as a Channel of Finance of Commercial Firms’. [In Greek: Το Factoring ως κανάλι χρηματοδότησης των εμπορικών επιχειρήσεων.] (January 1993). Central Union of Chambers of Greece.

  • ‘EMU And Greece’. [In Greek: Η Ευρωπαϊκή Νομισματική Ένωση και η Ελλάδα.] (November 1993). Economic Chamber of Greece. (In collaboration with Vasiliki Galekou).

  • ‘Estimation of the Production Function of the Olympic Airways’. [In Greek: Εκτίμηση της Συνάρτησης Παραγωγής της Ολυμπιακής Αεροπορίας.] (September 1994). Athens University of Economics and Business.

  • ‘The European Monetary System’. [In Greek: Το Ευρωπαϊκό Νομισματικό Σύστημα.] (January 1995). Athens University of Economics and Business.

  • Unanticipated Money, Prices, and Output’. (February 1995). Athens University of Economics and Business. (In collaboration with Vayia Mania.)

  • Analysis of the Demand of Goods and Services of Entertainment and Education in Greece: An Application of the Almost Ideal Demand System’. [In Greek: Ανάλυση της Ζήτησης για Αγαθά και Υπηρεσίες Ψυχαγωγίας και Εκπαίδευσης στην Ελλάδα: Μια εφαρμογή του Almost Ideal Demand System.] (February 1995). Athens University of Economics and Business.

  • ‘Implicit Contracts and the Labour Market: A Survey of the Literature’. [In Greek: Έμμεσα Συμβόλαια και Αγορά Εργασίας].(May 1995). Athens University of Economics and Business.

  • Multiple Time Series Analysis: A review of the Literature’. (June 1995). Athens University of Economics and Business.

  • ‘Regional Economic Policy in GreeceQ Past, Present, and Future’. [In Greek: Περιφερειακή Οικονομική Πολιτική Στην Ελλάδα: Παρελθόν, Παρόν και Μέλλον.]. (June 1995). Athens University of Economics and Business.

  • Should IMF Continue its Finance Injections to Russia?’. (November 1999). University of Essex.

  • Free Trade and Protectionism: The Case of Trade Disputes between the EU and US’. (September 2000). University of Essex.

Other Professional Activities

Assessor/Reviewer of Books - Monographs

  • Centre for Planning & Economic Research (four monographs).