Professor of Economics at the Department of Economics of the Athens University of Economics and Business (AUEB) and Chairman of the Board and CEO of Attica Bank.

Born in 1953 at Athens, Greece. He studied economics at the University of Athens (BA 1975) and at Northwestern University (MA 1976 and Ph.D. 1981). He has taught at McGill University, the University of Pittsburgh , Northwestern University, the University of Minnesota and Charles University (Prague). Also, he has been a research fellow at the Federal Reserve Bank of Minneapolis, the Centre of Economic Performance of the London School of Economics, and the European University Institute (Florence).

He is the author or editor of seven books and he has published more than forty articles in collective volumes and scientific journals including Annales D'Economie et de Statistique, Brookings Papers on Economic Activity, Econometrica, Economica, Economic Policy, European Economic Review, International Economic Review, Journal of Economic Dynamics and Control, Public Finance and the Review of Economics and Statistics.

He is a Research Fellow at the Centre for Economic Policy Research (CEPR, London), President of the Scientific Council of the Foundation for Economic and Industrial Studies (IOBE), member of the Board and President of the Grants Committee of AB Vassilopoulos.He has been President of the Association of Southern European Economic Theorists (ASSET) (2002-2004) and a member of the Council of the Economic Advisors of the President of the European Commission (2001-2004), Secretary General of the Society for Economic Dynamics and Control (SEDC 1993-95), Associate Editor of the Journal of Economic Dynamics and Control (JEDC), Dynamic Economics, the International Journal of Power and Energy Systems (IJPES), Editorial Panel Member of Economic Policy, Co-editor of Economic Policy Studies (in Greek), member of the Editorial Board of European Economics Abstracts. Graduate Studies Director at the Athens University of Economic and Business (1990-91) at the University of Pittsburgh (1987-89). He has, also, been, Member of the Council of Economic Advisors of Greece (SOE, 1992-93), Scientific Director of the Centre of Planning and Economic Research (KEPE, 1993), Director General of IOBE (1997-99), Member of the National Science Advisory Council of Greece (1996-99) and President of the Institute of Economic Policy Studies (IMOP) (1996-98 & 1999-02).

His research has been funded by the Social Science Research Council and the National Science Foundation of the United States, the Social Sciences and Humanities Research Council of Canada and the SPES, HCM and TMR programs of the European Union.