Summer School2020-01-12T10:45:02+00:00

Summer School

Deadline for Application: May 30, 2020

Venue: University of Piraeus, Main Building, Karaoli & Dimitriou 80, 18534 Piraeus, Greece

Date: Monday 6 to Thursday 9 July 2020


A Certificate will be issued to each participant at the end of the course.

Part A: Sustainable Fiscal Policies in Life Cycle Economies


Costas Azariadis, Washington University in St. Louis, USA (4 hours)
Claire Economidou, University of Piraeus, Greece (4 hours)

The lectures will address the following topics:
• Overlapping generation models of growth with public debt
• Sustainable fiscal policies with stationary equilibria
• Tradeoff between deficits and economic growth
• Public debt with incomplete insurance markets

Part B: Econometric Methods for Growth Models: The Effect of Human Capital


Thanasis Stengos, University of Guelph, Canada (4 hours)
Alexandros Behlioulis, University of Piraeus, Greece (4 hours)

The lectures will address the following topics:
• Flexible methods
• Data requirements and the curse of dimensionality
• Semiparametric models: the partially linear regression model
• Local smoothing methods
• Testing

Part C: Growth, convergence and competitiveness within the EMU: Prospects and challenges


Michael Arghyrou, University of Piraeus, Greece (4 hours)

The lectures will address the following topics:
• Currency unions and the euro
• The sustainability of the euro
• Post debt-crisis responses
• The future of the euro

Scientific Committee

Bala Batavia, DePaul University, USA

Jin Choi, DePaul University, USA

George Karras, University of Illinois at Chicago, USA

Constantina Kottaridi, University of Piraeus, Executive Director of APF, Greece

Leo Michelis, Ryerson University, President of APF, Canada

Dimitrios Thomakos, University of Peloponnese, Greece

Application Form

The application form is available on the webpage. Applicants can submit their applications by email to summerschool@apfintl.org.

The application will be valid after the applicants have registered via the webpage by paying the tuition fees (either by credit card or via bank transfer).

Application Form

Short Bios of the Instructors

Costas Azariadis2019-12-08T16:34:09+00:00

Costas Azariadis is currently the Edward Mallinchrodt Distinguished Professor in Arts and Sciences at Washington University in St Louis.  Professor Azariadis completed his undergraduate degree in Engineering at the National Technical University in Athens, and his graduate degrees at Carnegie-Mellon University: MBA with Distinction, and Ph.D. in Economics. He started his academic career at Brown University and then at the University of Pennsylvania, where he spent 15 years. Prior to joining Washington University in St Louis, he served as Distinguished Professor of Economics at the University of California-Los Angeles, where he spent 14 years. Other appointments include visits at Princeton University, Hebrew University, EHESS, LSE, Autonomous University of Barcelona, the Getulio Vargas Foundation and the University of Vienna.

Professor Azariadis’ current research is focused on multiple equilibria and stabilization policy, the dynamics of economic development, and the role of imperfect financial markets in dynamic general equilibrium. He is the inaugural director of the Center for Dynamic Economics (CEDEC). Over the last thirty years, he has published widely in the leading top-tier journals in economics, including the American Economic Review, the Quarterly Journal of Economics, and the Review of Economic Studies. He has lectured in nearly 100 universities worldwide and given many keynote lectures in international conferences. Professor Azariadis is a Fellow of the Econometric Society and he has served as an editor of the Quarterly Journal of Economics, the Journal of Economic Growth, and Macroeconomic Dynamics.

Claire Economidou2019-12-08T16:40:45+00:00

Claire Economidou joined the University of Piraeus in 2010 and is currently is a Professor of Macroeconomics at the Department of Economics. She holds a Ph.D. degree in Economics from the University of Wisconsin-Milwaukee, a Master of Arts (MA) degree in Economics from the University of Macedonia, Greece, and a B.Sc. degree in Mathematics from the Aristotle University, Greece. Prior to joining the University of Piraeus, she was an Assistant Professor of Macroeconomics at the Utrecht School of Economics, Utrecht University, the Netherlands. Professor Economidou’s research interests are in the fields of economic growth and economics of innovation. She has published more than 20 papers in high-quality academic journals, including the European Economic Review, the Journal of Development Economics, and the Journal of Economic Behavior and Organization. Part of her research has been financed by the European Research Council (ERC) and the National Strategic Reference Framework (NSRF) grants.

Thanasis Stengos2019-12-08T16:40:12+00:00

Thanasis Stengos is a Professor of Econometrics at the University of Guelph. He received his B.Sc. and M.Sc. degrees in Economics from the London School of Economics, and his Ph.D. degree from Queen’s University, Canada. His research interests are in nonparametric methods, empirical growth with emphasis on the effect of human capital and education on growth, the link between pollution and economic growth and multidimensional measures of inequality and poverty. Professor Stengos has published widely in top-tier journals in economics including the Review of Economic Studies, Journal of Monetary Economics, Journal of Econometrics, The Review of Economic and Statistics, Journal of Applied Econometrics, The Economic Journal, Journal of Business and Economic Statistics, European Economic Review, Journal of the European Economic Association, and Journal of Economic Growth. He has also co-authored the textbooks Human Capital and Economic Growth, published by Stanford University Press, and Mathematics for Economics, published by MIT Press. He is a member of the editorial boards of the Journal of Applied Econometrics, Empirical Economics, the International Journal of Business and Economics, and co-editor of the Review of Economic Analysis.

Alexandros Behlioulis2019-12-09T15:38:42+00:00

Alexandros Behlioulis is a Post-Doc researcher at the Economics Department of the University of Piraeus. His research interests are in the fields of macroeconomics, monetary economics, and the financial innovations.

He has published articles in journals in the areas of his expertise, including the Journal of Banking and Finance. He is currently teaching courses at the Bachelor Program of the Economics Department of the University of Piraeus (Economic Policy, Computer Science with SAP, Special Topics on Monetary Economics) under National Strategic Reference Funds grant (2018-2020), and also courses in applied econometric in the graduate and PhD programs. Alexandros holds a Ph.D. in Economics from the University of Piraeus, a M.Sc. in Economics from the National Technical School of Athens, a Vocational certificate in Accounting from Athens University of Economics and Business, and a BA in Economics from the Aristotle University of Thessaloniki, Greece.

Michael G. Arghyrou2019-12-09T15:38:59+00:00

Michael G. Arghyrou is a Professor of Economics at the University of Piraeus. He obtained his undergraduate graduated from the Athens University of Economics and Business, and his MA and PhD degrees in Economics from the University of London, Queen Mary. Prior to joining the University of Piraeus in 2019, Professor Arghyrou had academic appointments at Cardiff University, and Brunel University. His main research interests are in international monetary relations, international macroeconomics, European economics and the Greek economy. He has published two research monographs, and several research articles in international peer-reviewed academic journals, on the topics of the European sovereign debt crisis, applied monetary policy, public debt sustainability, exchange rates, current account determination and international trade and investment. Since July 2019 he is the Head of the Council of Economic Advisors of the Greek Ministry of Finance, representing Greece at the Eurogroup Working Group (EWG). He is a member of the research network of the Munich CESifo Group, and a member of the Julian Hodge Institute of Applied Macroeconomics.


Eligible applicants include those with an MA degree, PhD candidates, or those with recent PhD degrees in economics and related fields. Also, applicants are expected to have a solid knowledge of the English language.

Useful Information

Please visit our website for useful information regarding accommodation, transportation and other attractions.

Tuition Fees

The tuition fees amount 350€ (include coffee breaks and lunches).

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