A. G. (TASSOS) MALLIARIS, Ph.D. Departments of Economics and Finance Quinlan School of Business, Loyola University Chicago
ADDRESS:		Quinlan School of Business Loyola University Chicago Department of Economics 1 East Pearson, Suite 542 Chicago, Illinois 60611 Phone:(312)-915-6063 Fax: (312)-915-8508 e-mail:tmallia@luc.edu
MARITAL STATUS:		Married with two children
EDUCATION:		Economics B.A., Athens University of Economics and Business, 1965 M.A., The University of Oklahoma, 1970 Ph.D., The University of Oklahoma, 1971                    Mathematics M.A., The University of Oklahoma, 1972 Ph.D., The University of Chicago, 1986
LANGUAGES:		English, Greek, Arabic, French
ACADEMIC POSITIONS:		Loyola University of Chicago Assistant Professor of Economics, 1972-1977 Associate Professor of Economics, 1978-1982 Professor of Economics, since 1982 Professor of Finance, since 1998 Walter F. Mullady, Sr. Professor, since September 1987
ADMINISTRATIVE POSITIONS:		Chair, Department of Economics, 1974-1978 Associate Dean and Director, The Graduate School of    Business, 1977-1989 Dean’s Advisory Committee, 1995-1997 Chair, School of Business Committee on Strategic Planning, 1996-1997 Chair, School of Business Graduate Curriculum Committee, 1996-1998 Chair, Search Committee for V.P. of Student Affairs, 1998 Chair, Search Committee for Senior V.P. of Finance, 1999 Vice Chair, Committee on Academic Review and Planning, 2000-1 Interim Dean, School of Business Administration, 2004-5
ACADEMIC DISTINCTION:		Outstanding Faculty Member Award, presented by The    Graduate School of Business Alumni Association, May 1977, and May 1994. Chicago Board of Trade Outstanding Paper Award, March 26, 1994. Faculty Researcher of the Year 1999, School of Business Administration Dean’s List of Top Fifteen Faculty, several quarters. Outstanding Faculty Member of Loyola University Chicago, 2001 Faculty Researcher of the Year 2008, Second –time Winner
TEACHING EXPERIENCE:		Department of Economics, The University of Oklahoma Intermediate Business Statistics International Economics and Economic Development Intermediate Price Theory Intermediate Macroeconomic Theory Department of Mathematics, The University of Oklahoma Finite Mathematical Models Continuous Mathematical Models                                             The Graduate School of Business, Loyola University of Chicago, 1972 to present Futures and Options Markets International Business Economics The European Economic Community (Rome Campus; Summer 1992, 1994, 1996. Athens Campus; Summer 1998, 1999, 2001 and 2002.) Emerging Markets: Financial Aspects (Bangkok Campus; Thailand, Summer 1997) Economics of E-Commerce, Winter 2000-1, 2001-2 Derivatives Markets, since 2007 Graduate School of Business, University of Texas at Austin, Summer 1981 Stochastic Calculus in Finance Advanced Programs of the University of Oklahoma The World Economy (Japan, Germany) Futures Markets (Hong Kong, Hawaii) The Doctoral Program of the University of Rome and the University of Milan, Italy Stochastic Methods Seminar, Summer 1992, Summer 1994, and Summer 2002. The Institute for Advanced Studies, Vienna, Austria Continuous Time Finance, Summer 1999 The Athens University of Economics and Business, Athens, Greece Continuous Time Finance, Spring 2001 and Spring 2002
RESEARCH EXPERIENCE:		Center of Planning and Economic Research, Athens, Greece Industrial Planning Division, 1965-66 World Bank Project for the Industrial Development of Greece, 1966 Research Assistant, The University of Oklahoma, 1966-1972
AWARDS AND NATIONAL OFFICES:		Greek Government Fellowship, IKY, 1960-65 Lew Wentz Research Fellowship, 1966-67 Outstanding New Citizen of 1977-78, The Citizenship Council of Metropolitan Chicago President, North American Economics and Finance Association, 2001 President, The Athenian Policy Forum, since 2007 President, The Multinational Finance Society, 2011-2012 Chairman of the Board of Trustees, The Multinational Finance Society, 2012-14
EDITORIAL BOARDS:		Editor or Associate Editor International Review of Financial Analysis Multinational Finance Journal Journal of Economic Asymmetries European Research Studies Frontiers in Finance and Economics The University of Piraeus Journal of Business International Journal of Portfolio Analysis and Management
OTHER ACTIVITIES		Board Member, Thorek Hospital and Medical Center, 2000-2012. Member, Loyola University Board of Trustees Finance Committee, 2005 to present. Member, Advisory Investment Committee of Cook County Treasury, 2005-2012.
PUBLISHED WORKS BOOKS		WORLD SCIENTIFIC PUBLISHING COMPANY HANDBOOK ON FUTURES MARKETS, World Scientific Publishing Co., 2014 forthcoming, co-edited with William Ziemba. NEW PERSPECTIVES ON ASSET PRICE BUBBLES: THEORY, EVIDENCE AND POLICY, Oxford University Press, 2012, co-edited with Doug Evanoff and George Kaufman. RISK MANAGEMENT AND CORPORATE GOVERNANCE, Routledge Taylor & Francis Group, 2012, co-edited with Abol Jalilvand. ASYMMETRIES IN GLOBALIZATION: OPPORTUNITIES AND RISKS. ELECTRONIC PROCEEDINGS OF SELECTED PAPERS FROM A CONFERENCE HELD AT LOYOLA UNIVERSITY CHICAGO IN COLLABORATION WITH THE ATHENIAN POLICY FORUM, January 4, 2007 with Marc Hayford and Mary Malliaris. ECONOMIC UNCERTAINTY, INSTABILITIES AND ASSET BUBBLES, World Scientific Publishing Co, New Jersey, 2005. STOCHASTIC METHODS IN ECONOMICS AND FINANCE, with W.A. Brock, translation into Chinese, published by the Shanghai People’s Publishing House, P.R. China, 2004. THE GLOBAL ECONOMY: FINANCIAL, MONETARY, TRADE AND KNOWLEDGE ASSYMETRIES with Marc Hayford and Mary Malliaris, The Athenian Policy Forum Press, Toronto, Canada, 2003. ASYMMETRIES IN FINANCIAL GLOBALIZATION, with Bala Batavia and Nick Lash, The Athenian Policy Forum Press, Toronto, Canada, 2002. OPTIONS MARKETS, Volume I, Volume II, Volume III, with George Constantinides, The International Library of Critical Writings in Financial Economics, Edward Elgar Publishing Limited, 2001. FOUNDATIONS OF FUTURES MARKETS: SELECTED ESSAYS, Edward Elgar Publishing Company, London, 1999. FUTURES MARKETS, Volume I, Volume II, Volume III, The International Library of Critical Writings in Financial Economics, Edward Elgar Publishing Limited, 1997. STOCHASTIC METHODS IN ECONOMICS AND FINANCE with a Foreword and Contributions by W.A.  Brock, Advanced Textbooks in Economics Series, North-Holland Publishing Company, Amsterdam, Holland, 1982, seventh reprint 1995. DIFFERENTIAL EQUATIONS, STABILITY AND CHAOS IN DYNAMIC ECONOMICS with W.A. Brock, Advanced Textbooks in Economics Series, North-Holland Publishing Company Amsterdam, Holland, 1989, second printing, 1992. STOCHASTIC CALCULUS AND THE ECONOMICS OF UNCERTAINTY (in Greek) with Theodore Artikis, Athens, Greece, 1990.
Book Reviews		Book review for “Stochastic Methods in Economics and Finance” by  George Constantinides, The Journal of Business, Vol. 56, No. 3 (Jul., 1983), pp. 406-407. Book review for “Stochastic Methods in Economics and Finance” by  Patrick L. Brockett, Journal of the American Statistical Association, Vol. 79, No. 385 (Mar., 1984), pp. 236-237. Book review for “Differential Equations, Stability and Chaos in Dynamic Economics” by Michele Boldrin, Journal of Political Economy, Vol. 99, No. 5 (Oct., 1991), pp. 1117-1119. Book review for “Differential Equations, Stability and Chaos in Dynamic Economics” by Thanasis Stengos , The Canadian Journal of Economics / Revue Canadienne d'Economique, Vol. 23, No. 4 (Nov., 1990), pp. 966-968. “A Review of Recursive Methods in Economic Dynamics “, Recursive Methods in Economic Dynamics by Nancy L. Stokey; Robert E. Lucas, Jr.; Edward C. Prescott, review by Kenneth L. Judd, Journal of Economic Literature, Vol. 29, No. 1 (Mar., 1991), pp. 69-77.
JOURNAL ARTICLES		“N-tuple S&P Patterns Across Decades, 1950-2011”, Central European Journal of Operations Research, volume 22, 2014, pp.339-353, co-authored by Mary Malliaris. “Are Oil, Gold and the Euro Inter-related? Time Series and Neural Network Analysis”, Review of Quantitative Finance and Accounting, volume 40, 2013, pp. 1-14, co-authored by Mary Malliaris. “Principles for Drafting an Investment Policy With Illustrations”, International Journal of Portfolio Analysis and Management”, volume 1, 2012, pp. 144-160, co-authored by Robert Gyorgy. “Are Foreign Currency Markets Interdependent? Evidence From Data Mining Technologies”, Stochastics, Finance and Risk, volume 2, 2012, pp.31-47, co-authored  by Mary Malliaris. “Episodic Nonlinearity in Leading Global Currencies”, Open Economies Review, volume 23, 2012, pp. 337-357, co-authored by A. Serletis, M. Hinich, and P. Gogas. “Transparent U.S. Monetary Policy: Theory and Tests”, Applied Economics, volume 44, issue 7, 2012, pp.813-824, co-authored by Marc Hayford. “Dividends, Momentum and Macroeconomic Variables as Determinants of the U.S. Equity Premium Across Economic Regimes”, Review of Behavioral Finance, volume 3, 2011, pp. 27-53, co-authored by Ramaprasad, Bhar. “Oil Prices and the Impact of the Financial Crisis of 2007-2009”, Energy Economics, volume 33, 2011, pp. 1049-1054, co-authored by Ramaprasad Bhar. “Causes of the Financial Crisis and the Great Recession: The Role of U.S. Monetary Policy”, The Journal of Economic Asymmetries, volume 8, 2011, pp. 73-90, co-authored by Marc Hayford. “Asset Prices and the Financial Crisis of 2007-09: Overview of Theories and Policies”, Forum of Social Economics, volume 39, 2010, pp.279-286, co-authored by Marc Hayford. “Nonlinear Bivariate Comovements of Asset Prices: Methodology, Tests and Applications”, Computational Economics, volume 35, 2010, pp. 1-23, co-authored by Marco Corazza and Elisa Scalco. “Energy Sector Pricing and Macroeconomic Dynamics: Editorial Introduction of the Special Issue”, Energy Economics, volume 31, 2009, pp. 825-826, co-authored by Catherine Kyrtsou. “Energy Sector Pricing: On the Role of Neglected Nonlinearity”, Energy Economics. Volume 31, 2009, pp.492-502, co-authored by Apostolis Serletis and Catherine Kyrtsou. “The Impact of Information Signals on Market Prices When the Agents Have Non-Linear Trading Rules”, Economic Modelling, volume 26, 2009, pp. 167-176, co-authored by Catherine Kyrtsou. “Modelling Federal Funds Rates: A Comparison of Four Methodologies”, Neural Computing and Applications, volume 18, 2009, pp. 37-44, co-authored by Mary Malliaris. “NAFTA: Past and Future”, Journal of Economic Asymmetries, volume 5, pp.13-23, 2008, co-authored by Alex Kondonassis and Chris Paraskevopoulos.  “Investment Principles for Individual Retirement Accounts”, Journal of Banking and Finance, volume 32, 2008, pp.393-409, co-authored by Mary Malliaris. “Revisiting U.S. Stock Market Returns: Individual Retirement Accounts”, Advances in Investment Analysis and Portfolio Management, volume 3, 2007. pp. 17-38. “The Future of the U.S. Dollar and its Competition with the Euro”. European Research Studies, volume 10, 2007, pp. 97-110, co-authored by Alex Kondonassis and Chris Paraskevopoulos. “Speculative Non-Fundamental Components in Mature Stock Markets: Do They Exist and Are They Related?”, Advances in Quantitative Analysis of Finance and Accounting, volume 3, 2006, pp. 217-246, co-authored by  R. Bhar. “U.S. Inflation and Commodity Prices: Analytical and Empirical Issues”, Journal of Macroeconomics, volume 28, 2006, pp. 267-271. “Asymmetrical Economic and Institutional Changes in the Western Balkans: Cooperation with the European Union”, European Research Studies, volume 8, 2005, pp. 43-63, co-authored by Alex Kondonassis and Chris Paraskevopoulos. “Recent Monetary Policy in the U.S. : Risk Management of Asset Bubbles”, The Journal of Economic Asymmetries, volume 2, 2005, pp.25-39, co-authored by Marc Hayford. “How Did the Fed React to the 1990s Stock Market Bubble? Evidence from an Extended Taylor Rule”, European Journal of Operational Research, volume 163, 2005, pp.20-29, co-authored by Marc Hayford. “Monetary Policy and the U.S. Stock Market”, Economic Inquiry, volume 42, 2004, pp. 387-401, co-authored by Marc Hayford. “Multi-Fractality in Foreign Currency Markets”, Multinational Finance Journal, volume 6, 2002, pp. 65-98, co-authored by Marco Corazza.  "Global Monetary Instability: The Role of the IMF, the EU and NAFTA”, The North American Journal of Economics and Finance, Volume 13, 2002, pp. 72-92. "Swings of the Pendulum: A Review of the Theory and Practice in Development Economics", The American Economist, Volume 44, Spring 2000, pp. 17-23, co-authored by Alex Kondonassis and T.O. Okediji. “Strengthening the Global Financial Stability: Lessons From the European Monetary Union”, European Research Studies, Volume 3, 2000, pp.11-28. “International Diversification and Market Efficiency: Empirical Evidence From Two Global Shocks”, International Journal of Finance, Volume 12, 2000, co-authored by Jorge Urrutia. “Methodological Issues in Asset Pricing: Random Walk or Chaotic Dynamics”, Journal of Banking and Finance, Volume 23, 1999, pp. 1605-1635, co-authored by Jerome Stein. “Volume and Price Relationships: Hypotheses and Testing for Agricultural Futures", The Journal of Futures Markets, Volume 18, 1998, pp.53-72, co-authored by J. Urrutia. “Volume and Volatility in Foreign Currency Futures Markets", Review of Quantitative Finance and Accounting, volume 10, 1998, pp. 285-302, co-authored by Ramaprasad Bhar. “Searching for Fractal Structure in Agricultural Futures Markets”, The Journal of Futures Markets, Volume 17, 1997, pp. 433-474, with Marco Corazza and Carla Nardelli. “NAFTA: Old and New Lessons from the Theory and Practice of Economic Integration”, The North American Journal of Economics and Finance, Volume 7, 1996, co-authored by Alex Kondonassis, pp. 31-41. “Linkages Between Agricultural Futures Contracts", The Journal of Futures Markets, Volume 16, 1996, co-authored by J. Urrutia, pp.595-609. “European Stock Market Fluctuations: Short and Long Term Links", Journal of International Financial Markets, Institutions and Money, Volume 6, 1996, co-authored by J. Urrutia, pp.21-33. “Decomposition of Inflation and Its Volatility: A Stochastic Approach", Review of Quantitative Finance and Accounting, 1995, co-authored by M. Malliaris, pp. 93-103. "The Impact of the Persian Gulf Crisis on National Equity Markets", Advances in International Banking and Finance, Volume 1, 1995, pp. 43-65, co-authored by J. Urrutia. "Towards Monetary Union of the EC: History and Experiences of the EMS", The American Journal of Economics and Sociology, 1994, pp. 291-301, co-authored by A.J. Kondonassis. "Heterogeneous Discount Rates and Models of Exhaustible Resources", Advances in Financial Planning and Forecasting, Volume 5, 1994, pp. 227-47, co-authored by S. Stefani. "Chaotic Behavior in Stock Prices of European Equity Markets: A Comparative Analysis of Major Economic Regions", Journal of Multinational Financial Management, Volume 3, 1993, pp. 5-24, co-authored by G. Philippatos and E. Pilarinu. "Time Series Properties of Foreign Currency Hedge Ratios", The International Journal of Finance, Volume 5, 1993, pp. 542-563, co-authored by J. Urrutia. "Nonlinear Dynamics, Chaos and Instability: A Book Review", Journal of International and Comparative Economics, Volume 2, 1993, pp. 153-159. "Economic Development and International Interdependence: A Historical Perspective on a Continuing Challenge”, The Journal of the European Economic History, 1992, co-authored by A.J. Kondonassis. "The International Crash of October 1987: Causality Tests", Journal of Financial and Quantitative Analysis, Volume 27, 1992, pp. 353-364, co-authored by J. Urrutia. "Several Illustrations of The Quantity Theory of Money: 1947-1987 and 1867-1975", The International Review of Financial Analysis, Volume 1, 1992, pp. 77-93. "Interest Rates and Inflation: A Continuous-Time Stochastic Approach", Economics Letters, Volume 37, 1991, pp. 351-356, co-authored by M. Malliaris. "An Empirical Investigation Among Real, Monetary and Financial Variables", Economics Letters, Volume 37, 1991, pp. 151-158, co-authored by J. Urrutia. "Money, Inflation and Interest Rates: Illustrations from Twelve European Economies", European Journal of Political Economy, Volume 7, 1991, pp. 275-298, co-authored by S. Stefani. "The Impact of the Lengths of Estimation Periods and Hedging Horizons on the Effectiveness of a Hedge: Evidence from the Foreign Currency Futures", Journal of Futures Markets, Volume 11, 1991, pp. 271-289, co-authored by J. Urrutia. "Economic Determinants of Trading Volume in Futures Markets", Economics Letters, 1991, pp. 301-305, co-authored by J. Urrutia. "Tests of Random Walk of Hedge Ratios and Measures of Hedging Effectiveness for Stock Indexes and Foreign Currencies", Journal of Futures Markets, Volume 11, 1991, pp. 55-68, co-authored by J. Urrutia. "Linkages of National Stock Markets: Statistical Evidence Before, During and After the October 1987 Crash", Recent Developments in International Banking and Finance, Volume 4, 1991, pp. 341-385, co-authored by J. Urrutia. "Discounting Certain Random Sums", Scandinavian Actuarial Journal, 1990, pp. 34-38, co-authored by T. Artikis. "How Big Is The Random Walk in Macroeconomic Time Series: Variance Ratio Tests", Economics Letters, Volume 34, 1990, pp. 113-116, co-authored by J. Urrutia. "Approaches to the Cash Management Problem", Advances in Financial Planning and Forecasting, Volume 3, 1989, pp. 231-243.    "Political Instability and Economic Development: An Economic History Case Study of Greece, 1948-1966:  A Reply", Journal of European Economic History, Volume 17, 1988, pp. 185-186, co-authored by A. Kondonassis and S. Robinson. "Minimizing A Quadratic Payoff With Monotone Controls", Mathematics of Operations Research, Volume 12, 1987, pp. 297-308, co-authored by N. Barron and R. Jensen. "Asymptotic Growth Under Uncertainty: Existence and Uniqueness", Review of Economic Studies, Volume 54, 1987, pp. 169-174, co-authored by F.R. Chang. "The Dynamics of Inflation and Economic Policy: The Case of Greece, 1953-83", Greek Economic Review, Volume 8, 1986, pp. 200-217, co-authored by B. Batavia and N. A. Lash. "Approaches to Economic Stabilization, Social Issues and the Role of Government", Review of Social Economy, Volume 42, 1984, pp. 117-129.  “Itô's Calculus in Financial Decision Making", Society of Industrial and Applied Mathematics Review, Volume 25, 1983, pp. 481-495. "Political Instability and Economic Development: An Economic History Case Study of Greece", The Journal of European Economic History, Volume 12, No. 2, 1983, pp. 351-362, co-authored by A. Kondonassis and S. Robinson.   "An Eclectic Approach to the Problem of the International Transmission of Inflation", Economia Internazionale, Volume 36, 1983, pp. 180-191, co-authored by M. Pournarakis.  "Aspects of Economic and Social Policies in Integrated Economies", The International Journal of Social Economics, Volume 9, 1982, pp. 105-124. "A Solvable General Equilibrium Growth Model With Money", Economic Notes, Volume 11, 1982, pp. 28-45. "Martingale Methods in Financial Decision Making", Society of Industrial and Applied Mathematics Review, Volume 23, 1981, pp. 434-443.  "An Analysis of Greek Industrial Growth 1953-1972", The Journal of Economics, Volume 5, 1979, pp. 149-152, co-authored by S.D. Ramenofsky. "Extended Monetarist and Fiscalist Models", The Journal of Economics, Volume 5, 1979, pp. 143-147. "A Simple Dynamic Model of Inflation and Unemployment", Economic Notes, Volume 8, 1979, pp. 89-103, co-authored by J.K. Stephens. "Remarks on Elasticity, Product Differentiation and Market Structure", International Review of Economics and Business, Volume 24, 1978, pp. 556-561, co-authored by R.M. Aduddell and L.P. Cain. "On Milton Friedman's Role of Monetary Policy", Journal of Economics, Volume 4, 1978, pp. 13-16. "Sufficient Conditions for Price Stability in a Macroeconomic Model", The Journal of Economics, Volume 3, 1977, pp. 87-91.  "Generalized Deflationary and Inflationary Gaps", International Review of Economics and Business, Volume 24, 1977, pp. 831-842. "Sectoral Analysis of Greek Manufacturing", Annals of Public and Cooperative Economy, Volume 46, 1975, pp. 407-416, co-authored by S.D. Ramenofsky. "Monetary Growth Theory: A Critical Note", Economia Internazionale, Volume 28, 1975, pp. 119-128. "A Model of Inflation and Unemployment", International Review of Economics and Business, Volume 12, 1975, pp. 206-226.  "A Dynamic General Equilibrium Model with Investment", International Review of Economics and Business, Volume 12, 1975, pp. 130-142. "A Model with Real Cash Balances in Production and Utility Functions", International Review of Economics and Business, Volume 11, 1974, pp. 419-430, co-authored by M. Malliaris.     "Input Analysis and Short Run Economic Profits", The American Economist, Volume 14, 1970, pp. 62-65.
CONTRIBUTIONS TO BOOKS		“Stochastic Processes and Models for Pricing Mortgage-backed Securities” in John Banko, editor, Mortgage-backed Securities: Design and Risk Analysis, Hoboken, NJ: John Wiley & Sons, Inc., forthcoming 2015, with John Banko and George Chalamandaris. “Futures Markets: An Overview” in A.G. Malliaris and William Ziemba, editors, The World Scientific Handbook of Futures Markets, World Scientific Publishers, Singapore, forthcoming, with William Ziemba. “Gold, Oil and the S&P 500 Index: Calm to Crisis and Back”, Proceedings of the 2014 International Conference on Data Mining, July 2014, pp. 43-48, with Mary Malliaris. “Computational Issues in the Discount Factor Framework for the Equity Risk Premium”, in Roberto Dieci, Tony He and Cars Hommes, editors, Advances in Nonlinear Economic Dynamics and Quantitative Finance, Essays in Honour of Carl Chiarella, Springer, 2014, with Ramaprasad Bhar. “Asymmetric Monetary Policy and Financial Instability” in Jin Choi, Chang-Hyun Yun and Michael S. Miller, editors, Economic and Financial Asymmetries in Ongoing Crises, 2014, pp.29-43, published by Sidma Press, India.  “Neural Network Forecasting with the S&P 500 Index Across Decades”, Proceedings of the 2013 International Conference on Data Mining, July 2013, pp 41 – 46, ISBN: 1-60132-239-9, with Mary Malliaris.  “Markets and International Interest Rate Parity” in Kent Baker and Leigh Riddick, editors, Survey of International Finance, Oxford University Press, 2013, pp.37-61, with Suk Hun Lee. “Ito’s Calculus and the Derivation of the Black-Scholes Option Pricing Model” in C.F.Lee, Joseph Finnerty and Donald Wort, Security Analysis and Portfolio Management, Scott, Foresman, Little and Brown, 2013, pp.1081-1116. “The Global Financial Crisis of 2007-09: Microeconomic and Macroeconomic Causes and their Global Effects” in Nick Baltas, editor, Policy Studies for the Greek and International Economy: Essays in Honor of Kyprianos Prodromidis, 2012, pp.187- 202, with Bala Batavia and Nick Lash, “Asset Price Bubbles: Lessons From the Recent Financial Crisis”, The World Financial Review, September-October 2012, pp.40- 43, with Douglas Evanoff and George Kaufman. “Asset Price Bubbles: What Are the Causes, Consequences and Public Policy Options?”, The Federal Reserve Bank of Chicago Letter, November 2012, #304, pp. 1-4, with Douglas Evanoff and George Kaufman. “Up and Down Movements in the S&P 500, 1950 to 2011”, 2012 Proceedings of the Decision Sciences Institute 43^rd Annual Conference, November 17-20, 2012, San Francisco, California, with Mary Malliaris. “How a Financial Crisis Affects Data Mining Results:  A Case Study”, Proceedings of the 8^th International Conference on Data Mining, July 16-19, 2012, Las Vegas, Nevada, with Mary Malliaris. “Comparison of Currency Co-Movement Before And After October 2008”, in Northeast Decision Sciences Institute Conference Proceedings, March 21-23, 2012, pp. 144-150, Newport, Rhode Island, with Mary Malliaris. “New Perspectives on Asset Price Bubbles: An Overview” in Doug Evanoff, George Kaufman and A.G. Malliaris, editors, New Perspectives on Asset Price Bubbles:  Theory, Evidence and Policy, Oxford University Press, 2012, pp. 3-10, with Doug Evanoff and George Kaufman. “Asset Price Bubbles and Central Bank Policies: The Crash of the Jackson Hole Consensus” in Doug Evanoff, George Kaufman and A.G. Malliaris, editors, New Perspectives on Asset Price Bubbles:  Theory, Evidence and Policy, Oxford University Press, 2012, pp. 407-422. “When Non-Randomness Appears Random”, in Catherine Kyrtsou, and Costas Vorlow, editors, Progress in Financial Markets Research, Nova Science Publishers, 2012, pp. 71-82, with Mary Malliaris. “Global Currency Movement and the Generalized Rule of Induction”, in Proceedings of the Annual Meetings of the Northeast Decision Sciences Institute, Montreal, Canada, April 13-15, 2011, with Mary Malliaris. “The Risk Management Approach to Monetary Policy” in Robert Kolb, editor, Lessons from the Financial Crisis: Causes, Consequences, and Our Economic Future, Hoboken, NJ: John Wiley & Sons, Inc., 2010, pp. 467-473, with Marc Hayford. "The Financial Crisis of 2007-09: Missing Financial Regulation or Absentee Regulators?" in Robert Kolb, editor, Lessons from the Financial Crisis: Causes, Consequences, and Our Economic Future, Hoboken, NJ: John Wiley & Sons, Inc., 2010, pp. 337-343, with George Kaufman. "Sequence of Asset Bubbles and the Global Financial Crisis" in Robert Kolb, editor, Lessons from the Financial Crisis: Causes, Consequences, and Our Economic Future, Hoboken, NJ: John Wiley & Sons, Inc., 2010, pp.139-145, with Abol Jalilvand. “Stochastic Processes and Models”, in Robert Kolb and James Overdahl, (editors), Financial Derivatives: Pricing and Risk Management, John Wiley and Sons, Inc., Hoboken, New Jersey, 2010, pp.455-475, with George Chalamandaris. “The Black-Scholes Option Pricing Model” in Robert Kolb and James Overdahl, (editors), Financial Derivatives: Pricing and Risk Management, John Wiley and Sons, Inc., Hoboken, New Jersey, 2010, pp.371-385. “Ito’s Calculus and the Derivation of the Black-Scholes Option Pricing Model” in C. F. Lee and Alice Lee (editors), Handbook of Quantitative Finance, Springer, 2010, pp.447-470, with George Chalamandaris. “Financial Instabilities and the Goals of Central Bankers: The Current Debate” in B. Batavia, P. Nandakumar and C. Wague (editors), Crossing Borders: Global Prospects, New Perspectives and Emerging Agendas, North Waterloo Academic Press, 2010, pp. 89-100, with Marc Hayford. “Gold, Oil and the Euro:  Are these Markets Inter-Related?”, in B. Batavia, P. Nandakumar and C. Wague (editors), Crossing Borders: Global Prospects, New Perspectives and Emerging Agendas, North Waterloo Academic Press, 2010, pp. 133-144, with Mary Malliaris. “Time Series and Neural Networks Comparison on Gold, Oil and the Euro”, Proceedings of the International Joint Conference of IEEE on Neural Networks, Atlanta, Georgia, June 14-19, 2009, pp. 1961-1967, with  Mary Malliaris.. “Central Bank Transparency:  Theory and Tests”, in James Brox and Nicholas  Baltas (editors), The Global Economics of a Changing Environment, North Waterloo Academic Press, Waterloo, Ontario, Canada with Marc Hayford, 2009, pp. 3-14. “Uncertainty, Transparency and Future Monetary Policy”, Robert Bliss and George Kaufman, (editors), Financial Institutions and Markets: Current Issues in Financial Markets, Palgrave Publishing, 2008, pp.127-152, co-authored by Marc Hayford. “Stochastic Optimal Control” in Steven Durlauf (editor), The New Palgrave Dictionary of Economics, 2008 “Wiener Process” in Steven Durlauf (editor), The New Palgrave Dictionary of Economics, 2008 “Modeling Short-Term Interest Rates: A Comparison of Methodologies”, IJCNN 2007 Conference Proceedings, Paper #1209, ISBN: 1-4244-1380-X, August 2007, Orlando, Florida, co-authored by Mary Malliaris. “Competition Among Global Currencies” in James Brox and Peter Koveos, (editors), Globalization, Governance and Public Policy, Waterloo. Ontario: North Waterloo University Press, 2007, pp. 131-146, co-authored by Alex Kondonassis and Chris Paraskevopoulos. “Agricultural Development, Industrialization and Economic Integration in Less Developed Countries: Lessons of Experience”, in James Brox and Peter Koveos, (editors), Globalization, Governance and Public Policy, Waterloo. Ontario: North Waterloo University Press, 2007, pp. 65-68, co-authored by Alex Kondonassis and Chris Paraskevopoulos. “A Taylor Rule With Monthly Data” in James Brox and Peter Koveos, (editors), Globalization, Governance and Public Policy, Waterloo. Ontario: North Waterloo University Press, 2007, pp. 255-260, co-authored by Mary Malliaris. “NAFTA: Past, Present and Future”, in Marc Hayford, A. G. Malliaris and Mary Malliaris (editors), Proceedings of Selected Papers from a Conference of the Athenian Policy Forum and Loyola University Chicago on Asymmetries in Globalization: Opportunities and Risks, January 4, 2007, pp. 9-18, with Chris Paraskevopoulos and Alex Kondonassis. “Global Financial Instability and the Role of the Euro, the Renminbi and the Dollar” in Proceedings of the Annual Conference of the Association for Global Business, 2006, Newport Beach, California. “Rethinking Monetary Stabilization in the Presence of an Asset Bubble: Should the Response be Symmetric or Asymmetric?”, in Volbert Alexander and Hans-Helmut Kotz (editors), Global Divergence in Trade, Money and Policy, Edward Elgar Publishing, Cheltenham, United Kingdom, 2006, pp.172-191, co-authored by Marc Hayford. “Performance of Individual Retirement Accounts”, Risk Measurement and Control Proceedings, volume III, New Tools in Risk Measurement and Asset Allocation, University of Rome, Rome, Italy, 2006, co-authored by Mary Malliaris. “Economic Uncertainty: An Overview” in A.G.Malliaris (editor), Economic Uncertainty, Instabilities and Asset Bubbles, World Scientific, New Jersey, 2005, pp. 14-27. “The Global Monetary System and the Role of the Major Economic Areas”, in Proceedings of the Annual Conference of the Association for Global Business, 2005, Miami Beach, Florida. “Export Oriented Growth: Structural and Financial Asymmetries in Asia”, in Bala Batavia, Nicholas Lash and A.G. Malliaris (editors), Asymmetries in Financial Globalization, Athenian Policy Forum Press, Toronto, Canada, 2002, pp.196-208, co-authored by Alex Kondonassis. "Is the Federal Reserve Bank Stock Market Bubble-Neutral?” In George Kaufman, (editor), Asset Price Bubbles: Implications for Monetary and Regulatory Policy, Elsevier Science, Amsterdam, 2001, pp.229-243, co-authored by Marc Hayford. "Are There Rational Bubbles in the U.S.Stock Market? Overview and a New Test", in George Kaufman, (editor), Asset Price Bubbles: Implications for Monetary and Regulatory Policy, Elsevier Science, Amsterdam, 2001, pp.125-144, co-authored by Ramaprasad Bhar. "The Impact of Agricultural Policies of the EU and NAFTA on World Trade", in Chris Paraskevopoulos and others (editors), Globalization and the Political Economy of Trade Policy, The Athenian policy Forum Press, Toronto, Canada, 2001, pp.225-236, co-authored by Bala Batavia and Nick Lash. "Options Markets", in George Constantinides and A.G. Malliaris, (editors), Options Markets: Foundations and Pricing, Edward Elgar Publishing, Inc. Cheltenham, England, 2001, pp.11-26, co-authored by George Constantinides. "Microanalytics of Price Volatility in Futures Markets", in Barry Goss, (editor), Models of Futures Markets, Routledge Publishing, New York, 2000 pp.117-134, co-authored with Jerome Stein. "Economic Development and Economic Integration: Old and New Lessons", in Chris Paraskevopoulos, (editor), Global Financial Markets and Economic Development, The Athenian Policy Forum Press, Toronto, Canada, 2000, pp.91-98, co-authored with Alex Kondonassis. "The European Monetary Union in Transition" in Christos Paraskevopoulos, (editor), European Union at the Crossroads, Edward Elgar Publishing, 1998, pp. 7-15, co-authored by Alex Kondonassis. "NAFTA, the EU and Agricultural Trade", in Chris Paraskevopoulos, (editor), Global Trading Arrangements in Transition, Edward Elgar Publishing, 1998, pp. 42-55, co-authored by B.Batavia and N.Lash. "Equity and Oil Markets Under External Shocks", Global Structure of Financial Markets, Routledge Publishers, London UK, 1997, pp.103-116, co-authored by J. Urrutia. “Financial Modelling: From Stochastics to Chaotics and Back to Stochastics”, Modeling Techniques for Financial Markets and Bank Management, Physica-Verlag, 1996, Berlin-New York, co-authored by Jerome Stein, pp. 1-16. "The Common Agricultural Policy of the EU and Developing Countries," in C. Paraskevopoulos, editor, Economic Integration and Public Policy in the European Union, Edward Elgar Publishing Limited, 1996, co-authored by B. Batavia, pp. 193-205. "Oil and World Stock Markets Reaction to the Gulf Crisis", Research in International Business and Finance, 1996, pp. 133-153, co-authored by J. Urrutia. "European Monetary Integration: Lessons for Other Trading Agreements," in C. Paraskevopoulos, editor, Economic Integration in the Americas, Edward Elgar Publishing Limited, 1996, pp. 129-136, co-authored by A.J. Kondonassis. "Portfolio Theory," in R.A. Jarrow, V. Maksimovic, W.T. Ziemba, editors, Finance, North Holland Publishing Company, New York, 1995, pp. 1-30, co-authored by G. Constantinides. "Monetary Union and Economic Integration: The Less Developed Areas of the European Community", in T. Georgakopoulos et al., editors, Economic Integration Between Unequal Partners, Aldershot: Edward Elgar Publishing, 1994, pp. 235-242, co-authored by A.J. Kondonassis. "Random Walk vs. Chaotic Dynamics in Financial Economics", in Gori, editor, Nonlinear Dynamics in Economics and Social Sciences, Springer-Verlag, 1993, pp. 99-122, co-authored by G. Philippatos. "Wiener Process" in Peter Newman, Murray Milgate and John Eatwell, editors, The New Palgrave Dictionary of Money & Finance, Stockton Press, 1992, pp. 801-802. "Stochastic Optimal Control" in Peter Newman, Murray Milgate and John Eatwell, editors, The New Palgrave Dictionary of Money & Finance, Stockton Press, 1992, pp. 560-563. "Stochastic Calculus" in Peter Newman, Murray Milgate and John Eatwell, editors, The New Palgrave Dictionary of Money & Finance, Stockton Press, 1992, pp. 555-558.. "New and Old Themes in Economic Development: From Antithesis to Synthesis", in A.J. Kondonassis, editor, Major Issues of Global Development, University of Oklahoma Press, 1991, pp. 281-298, co-authored by A.J. Kondonassis. "Foreign Aid and External Debt of Less Developed Countries", in A.J. Kondonassis, editor, Major Issues of Global Development, University of Oklahoma Press, 1991, pp. 151-181, co-authored by S.H. Lee. "The Role of International Trade and Trade Policies in the Development Process", in A.J. Kondonassis, editor, Major Issues of Global Development, University of Oklahoma Press, 1991, pp. 85-98. "Heterogeneous Discount Rates: A Generalization of Hotelling's Rule" in R. Hamalainen and H. Ehtamo, editors, Dynamic Games in Economic Analysis, Springer-Verlag : New York, 1991, pp. 163-169, co-authored by S. Stefani. "Illustrations of the Quantity Theory of Money: Annual Data 1947-1987", in W.R. Heilmann, editor, Fourth Symposium on Money, Banking and Insurance, University of Karlsruhe, Karlsruhe, Germany, 1987, pp. 453-468. "Wiener Process", The New Palgrave Dictionary of Economic Theory and Doctrine, the Macmillan Press, Ltd., London, England, 1987, pp. 276-278. "Stochastic Optimal Control", The New Palgrave Dictionary of Economic Theory and Doctrine, the Macmillan Press, Ltd., London, England, 1987, pp. 246-251. "Economic Uncertainty: Its Continuous Time Modeling", in G. Bitros, and C. Davos, editors, Essays in Honor of Professor P. Christodoulopoulos, Athens Graduate School of Business and Economics, 1987, pp.107-121. "Duration Based Strategies for Managing Bank Interest Rate Risk", in Hermann Goppl, editor, Third Symposium on Money, Banking and Insurance, University of Karlsruhe, Germany, 1984, pp. 683-697, co-authored by G. Kaufman.  "Aspects of Optimal Stopping and Search", in A. Panagiotopoulos, editor, Studies in Honor of Professor E. Margaritis, Piraeus Graduate School of Industrial Studies, 1981, pp. 93-103.
INTERNATIONAL RECOGNITION AND CITATIONS		I have written, edited and co-edited about 12 books and authored and co-authored about 120 papers.  Google Scholar has the most detailed citation list with a total number of 1,986 citations. This can be found at: http://scholar.google.com/citations?hl=en&user=UlF_8OUAAAAJ&view_op=list_works The Social Science Research Network eLibrary with 490,000 paper abstracts from 29,000 authors in specialized areas related to economics is considered to be the premier repository of working papers.  In this library I have deposited 33 of my most recent papers and I have received 5,874 downloads ranking me in the top 2% of all authors. Details may be found at http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=91227 The Saint Louis Federal Reserve Bank also has a database of selected papers and it also highlights 33 of my papers with about 3,129 abstract views. I feel very pleased that my writings have received this attention from my fellow economists.
PAPERS PRESENTED		“Dynamic Analysis of the U.S. Short and Long-Term Interest Rates Relationships: On the Role of Monetary Policy”, 2014 Conference of the Society for Economic Measurement, the Becker Friedman Institute, The University of Chicago, August 18-20, 2014, Chicago, Illinois, with Catherine Kyrtsou and Chrisitina Mikropoulou. “Gold, Oil and the S&P 500 Index: Calm to Crisis and Back”, The 2014 International Conference of Data Mining, July 21-24, Las Vegas, Nevada, with Mary Malliaris. “Asset Price Bubbles and Macroeconomic Risks: A Consensus Change”,  Distinguished Invited Speaker Series, Center of Planning and Economic Research, Greek Ministry of Finance, July 10, 2014, Athens, Greece. “From Asset Prices Bubbles to Liquidity Traps”, 21^st Annual Multinational Finance Society Conference, June 28- July 2, 2014, Prague, Czech Republic. “Quantitative Easing and the U.S. Stock Market”, 21^st Annual Multinational Finance Society Conference, June 28- July 2, 2014, Prague, Czech Republic, with R. Bhar and Mary Malliaris.  “An Explanation of the Spread’s Ability to Predict Economic Activity: Discussion”, 21^st Annual Multinational Finance Society Conference, June 28- July 2, 2014, Prague, Czech Republic. “Rethinking Monetary and Fiscal Policies After the Crisis: A Roundtable Discussion”, The 12^th Biennial Athenian Policy Forum Conference, Ryerson University, June 13-14, 2014, Toronto, Canada. “Cyclical Economic Behavior and the Liquidity Trap”, The 12^th Biennial Athenian Policy Forum Conference, Ryerson University, June 13-14, 2014, Toronto, Canada. “Fed Policies and the S&P 500 Index During  2002-2013” The 12^th Biennial Athenian Policy Forum Conference, Ryerson University, June 13-14, 2014, Toronto, Canada, with R. Bhar and Mary Malliaris. “Catholicism, Global Development and the Professional Life: Remarks”, The Joan and Bill Hank Center for the Catholic Intellectual Heritage, Loyola University Chicago, April 2, 2014, Chicago, Illinois. “The European Union: A Historical Overview and the Recent Financial Crisis”, Newberry Teachers’ Consortium Seminar, March 12, 2014, Chicago, Illinois. “Economic Outlook for 2014 Webinar” Family Business Center, Quinlan School of Business, January 28, 2014, Chicago, Illinois. “Forecasting the S&P 500 Index: A Comparison of Methods”, Decision Sciences Institute Annual Meeting, November 16-18, 2013, Baltimore, Maryland, with Mary Malliaris. “The Greek Financial Crisis from a Global Perspective”, Scientific and Cultural Link with Greece, November 17, 2013, Chicago, Illinois.   “The Future of Monetary Policy and an Interest Rate Outlook”, 2013 Advantage Futures Seminar Series, November 12, 2013, Chicago, Illinois.  “Cultural Borders in International Exchange: Discussion of Evidence from the Euro-Zone Cross Border Depositing”, 2013 Financial Management Association Annual Meeting, October 16-19, 2013, Chicago, Illinois. “Monetary Policy and Financial Instability”, International Conference on Applied Business and Economics, October 2-4, 2013, New York.  “Bitcoins: Virtual Money for Virtual People”, Quinlan School of Business Public Symposium, September 26, 2013, Chicago, Illinois. “Dynamic Analysis of the US Short- and Long-Term Interest Rates Relationships: On the Role of Monetary Policy”, European Conference on Complex Systems, September 16-20, 2013, Barcelona, Spain, with Catherine Kyrtsou and Christina Mikropoulou. “Informational Content of Monday Returns and the Role of Dynamic Invariants”, Fifth International Symposium on Recurrent Plots, August 14-16, 2013, Chicago, Illinois, with Catherine Kyrtsou and Chrisitna Mikropoulou. “Neural Network Forecasting With the S&P 500 Index Across Decades”, The 2013 International Conference on Data Mining, July 22-25, 2013, Las Vegas, Nevada, with Mary Malliaris. “Does Price Stability Lead to Financial Instability?”, Twentieth Annual Conference of the Multinational Finance Society, June 30-July 3, 2013, Izmir, Turkey. “Global Monetary Instability and the Role of the Financial Crisis”, The Korea Institute of Finance and the Athenian Policy Forum International Conference on Global Economic and Financial Asymmetries, June 16-19, 2013, Seoul, Korea, with Mary Malliaris. “N-tuple S&P 500 Patterns Across Decades, 1950s to 2011”, The Korea Institute of Finance and the Athenian Policy Forum International Conference on Global Economic and Financial Asymmetries, June 16-19, 2013, Seoul, Korea, with Mary Malliaris. “Lessons the U.S. Can Learn From Japan and the Eurozone”, The Transformer Association Spring Meeting, Chicago, Illinois, May 1, 2013. “From Asset Price Bubbles to Liquidity Traps”, The Global Financial Crisis: Values, Behavioral Finance, Social Justice and a Robust Society, A Conference Organized Jointly by the Quinlan School of Business, Loyola University Chicago and the Leavy School of Business, Santa Clara University, Chicago, Illinois, April 11, 2013. “Mathematical and Statistical Analysis for Solving Economic Problems”, Undergraduate Colloquium Series in the Mathematical Sciences, Department of Mathematics and Statistics, Loyola University Chicago, Chicago, Illinois, April 8, 2013. “The U.S. Eurozone and Japan: A Comparison of Asset Bubbles and Deleveraging”, Loyola University Economic Research Group, Chicago, Illinois, March 13, 2013. “A Model of Investment Subject to Financing Constraints: Discussion”, International Banking, Economics and Finance Association at the Allied Social Science Associations Meetings, January 4-6, 2013, San Diego, California. “The Euro and the Process of Deleveraging in the Eurozone”, Society for Policy Modeling at the Allied Social Science Associations Meetings, January 4-6, 2013, San Diego, California. “House Prices, Expectations and Time-Varying Fundamentals: Discussion”, American Economic Associations Meetings at the Allied Social Science Associations Meetings, January 4-6, 2013, San Diego, California. “Up and Down Movements in the S&P 500, 1950 to 2011”, Decision Sciences Institute 43^rd Annual Conference, November 17-20, 2012, San Francisco, California, with Mary Malliaris. “Taylor Rules”, Quinlan School of Business Honors Seminar, October 1, 2012. “Subsistence Markets, Macroeconomic Policies and Social Justice”, The 4^th Subsistence Marketplaces Conference, July 27-29, 2012, Loyola University Chicago, Chicago, Illinois, with Mary Malliaris. “How a Financial Crisis Affects Data Mining Results:  A Case Study”, 8^th International Conference on Data Mining, July 16-19, 2012, Las Vegas, Nevada, with Mary Malliaris. “Is Price Stability Destabilizing?”, 11^th Biennial Athenian Policy Forum International Conference, July 1-3, 2012, Chalkidiki, Greece. “Unresolved Issues in Global Financial Imbalances”, 11^th Biennial Athenian Policy Forum International Conference, July 1-3, 2012, Chalkidiki, Greece, with Mary Malliaris. “Are Short Sellers positive Feedback Traders? Evidence from the Global Financial Crisis: Comments”, 19^th Annual Conference of the Multinational Finance Society, June 24-27, 2012, Krakow, Poland. “Comparison of Currency Co-Movement Before and During the Global Financial Crisis”, 19^th Annual Conference of the Multinational Finance Society, June 24-27, 2012, Krakow, Poland, with Mary Malliaris. “Global Financial Imbalances: The Role of the Financial Crisis”, 19^th Annual Conference of the Multinational Finance Society, June 24-27, 2012, Krakow, Poland, with Mary Malliaris. “U.S. Economic Update for 2012 and 2013: Current and Future Trends”. A Presentation to the National Wholesaler Distributors, Billion Dollar Company CFO Roundtable, June 5-6, 2012, Chicago, Illinois. “N-tuple of S&P 500 Patterns Across Decades, 1950s to 2011”, Euro Working Group for Financial Modeling 50^th Meeting, May 3-5 2012, Rome, Italy, with Mary Malliaris. “Asset Bubbles, Monetary Policy and Risks to the Real Economy”, LECTIO MAGISTRALIS at the 50^th Meeting of the Euro Working Group for Financial Modeling, Rome, Italy, May 3-5 2012. “The Future of the Euro”, Loyola University Chicago Public Symposium, Chicago, Illinois, April 18, 2012.            “Comparison of Currency Co-Movement Before And After October 2008”, Northeast Decision Sciences Institute, March 21-23, 2012, Newport, Rhode Island, with Mary Malliaris. “How Stable is the Euro?”, Society for Policy Modeling at the Allied Social Science Associations Annual Meetings, Chicago, Illinois, January 5-8, 2012. “Monetary and Fiscal Policies After the Financial Crisis”, The Piraeus University Executive MBA Seminar at Loyola University Chicago, Chicago, Illinois, December 12, 2011. “Economic Policies at a Crossroads:  What Next?” Loyola University School of Business Administration Symposium, Chicago, Illinois, December 1, 2011. “Monetary Policy Scenarios and Their Impact on the Bond Market”, Advantage Futures Trading, Chicago, Illinois, September 22, 2011. “Monetary and Fiscal Policies in an Indeterminate Economy”, Commodities Roundtable Forum, the Institute of Scrap Recycling Industries, Inc., Chicago, Illinois, September 19 – 21, 2011. “Using Data Mining Technologies to find Currency Trading Rules”, 18^th Annual Conference of the Multinational Finance Society, Rome, Italy, June 26-29, 2011, with Mary Malliaris. “Dividends, Momentum and Macroeconomic Variables as Determinants of the U.S. Equity Premium Across Economic Regimes”, 18^th Annual Conference of the Multinational Finance Society, Rome, Italy, June 26-29, 2011, with Ramaprasad Bhar.  “Contrarian and Momentum Strategies and the Impact of the Business Cycle: Discussion”, 18^th Annual Conference of the Multinational Finance Society, Rome, Italy, June 26-29, 2011. “Global currency Movement and the Generalized Rule Induction”, Annual Meetings of the Northeast Decision Sciences Institute, Montreal, Canada, April 13-15, 2011, with Mary Malliaris. “Disentangling Crashes from Tail Events: Discussion”, The Midwest Finance Association Annual Conference, Chicago, Illinois, March 3-5, 2011. “Global Financial Imbalances and the Stabilizing Role of the Euro”, Society for Policy Modeling at the Allied Social Science Associations Annual Meetings, Denver, Colorado, January 7-9, 2011 “Asset Prices and the Global Financial Crisis of 2007-09”, International Banking, Economics and Finance Association at the Allied Social Science Associations Annual Meetings, Denver, Colorado, January 7-9, 2011, with Marc Hayford. “Causes of the Financial Crisis and the Great Recession: The Role of U.S. Monetary Policy”, International Conference on Economic Asymmetries and Globalization: Challenges and Opportunities, The Indian Institute of Management Lucknow and the Athenian Policy Forum, Noida, Delhi, India, December 16-18, 2010, with Marc Hayford. “The Persistence of Global Financial Imbalances”, International Conference on Economic Asymmetries and Globalization: Challenges and Opportunities, The Indian Institute of Management Lucknow and the Athenian Policy Forum, Noida, Delhi, India, December 16-18, 2010, with Mary Malliaris. “The Global Financial Crisis of 2007-09: Scope of Regulatory Responses”, 10^th Biennial Conference of the Athenian Policy Forum and the Deutsche Bundesbank, Frankfurt am Main, Germany, July 28-31, 2010, with Marc Hayford. “Resolving the Global Financial Imbalances: An Evaluation of Economic Policies and Regulations”, 10^th Biennial Conference of the Athenian Policy Forum and the Deutsche Bundesbank, Frankfurt am Main, Germany, July 28-31, 2010, with Alex Kondonassis and Mary Malliaris. “History and Characteristics of the Financial Crisis: Discussion”, 10^th Biennial Conference of the Athenian Policy Forum and the Deutsche Bundesbank, Frankfurt am Main, Germany, July 28-31, 2010. “The Global Financial Crisis of 2007-09:  What Theories Explain it and What Policies Are Appropriate?”, Luncheon and Keynote Lecture, The Seventeenth Annual Conference of the Multinational Finance Association, Barcelona, Spain, June 27-30, 2010. “Lessons From the Recent Global Financial Crisis and Currency Markets”, The Transformer Association Spring Meetings, Chicago, Illinois, May 12, 2010. “U.S. Economic Policies that Contributed to the Global Financial Crisis of 2007-09”, 4th European Conference on the Welfare State and the Global Financial Crisis, Leuven, Belgium, April 19-20, 2010. “Financial Instabilities, Asset Prices and the Financial crisis of 2007-09: Theories and Policies”, Association for Social Economics at the Allied Social Science Association Annual Meetings, Atlanta, Georgia, January 2-5, 2010, with Marc Hayford. “The Reception of Public Signals in Financial Markets: What if Central Bank Communication Becomes Stale? A Critique”, International Banking, Economics and Finance Association at the Allied Social Science Association Annual Meetings, Atlanta, Georgia, January 2-5, 2010. “Sequence of Asset Bubbles and the Global Financial Crisis”, The Athenian Policy Forum Winter 2010 Conference, Atlanta, Georgia, January 2, 2010, with Abol Jalilvand. “Asset Bubbles and Financial Instabilities”, XLRI Executive MBA Seminar, November 12, 2009, Loyola University Chicago. “Gold, Oil and the Euro: Hypotheses, Time Series and Neural Network Analysis for Futures Data”, 39^th Illinois Economic Association Annual Meetings, October 16-17, 2009, Chicago, Illinois, with Mary Malliaris. “Asset Bubbles and the Financial Crisis of 2007-2009: A Critical Review”, The University of Piraeus Executive Management Summer Program, July 11-14, 2009, Porto Heli, Greece. “Heterogeneous Behavioral Expectations, Exchange Rate Dynamics and Monetary Policy Rules: Discussion”, Western Economics Association International 84^th Annual Conference, Vancouver, British Columbia, Canada, June 29- July 3, 2009. “Gold, Oil and the Euro: Hypotheses and Time Series Analysis for Futures Data”, Western Economics Association International 84^th Annual Conference, Vancouver, British Columbia, Canada, June 29- July 3, 2009, with Mary Malliaris. “Financial Instabilities and Asset Prices:  Lessons From the Recent Crisis”, Western Economics Association International 84^th Annual Conference, Vancouver, British Columbia, Canada, June 29- July 3, 2009, with Marc Hayford. “Time Series and Neural Networks Comparison on Gold, Oil and the Euro”, The IEEE International Joint Conference on Neural Networks, Atlanta, Georgia, June 14-19, 2009, pp. 1961-1967, with  Mary Malliaris. “Financial Instabilities and Asset Prices: Lessons From the Global Financial Crisis of 2007-2009”, DePaul University Department of Economics Seminar, April 8, 2009, with Marc Hayford. “The Global Financial Crisis and Education”, Woodlands Academy, Lake Forest, Illinois, January 27, 2009.  “Transparency and Short Term Interest Rate Forecasting Uncertainty”, International Banking, Economics and Finance Association at the Allied Social Science Associations Annual Meetings, San Francisco, California, January 3-5, 2009, with Marc Hayford. “What Has Inflation Targeting Accomplished? Discussion”, International Banking, Economics and Finance Association at the Allied Social Science Associations Annual Meetings, San Francisco, California, January 3-5, 2009. “Oil, Gold and the Euro: Hypotheses and Time Series Analysis”, The Joint Athenian Policy Forum and the Indian Institute of Management Conference, Calicut India, December 18-21, 2008, with Mary Malliaris. “Financial Instabilities and Asset Prices:  The Current Debate”, The Joint Athenian Policy Forum and the Indian Institute of Management Conference, Calicut India, December 18-21, 2008, with Marc Hayford. “Asset Price Bubbles and the Financial Crisis of 2007-2008”, Xavier Labor Relations Institute of India Partnership Student Exchange Seminar, Loyola University Chicago, November 26, 2008. “Patterns of Investment Activity in U.S. Futures Markets: Discussion”, The Illinois Economics Association 38^th Annual Meeting, October 17-18, 2008. “Central Bank Transparency:  Theory and Empirical Tests”, 9^th Biennial Conference of the Athenian Policy Forum and the Athens University of Economics and Business, Athens, Greece, July 9-12, 2008, with Marc Hayford. “Reconsidering NAFTA”, 9^th Biennial Conference of the Athenian Policy Forum and the Athens University of Economics and Business, Athens, Greece, July 9 -12, 2008, with Alex Kondonassis. “Oil, Gold and the Euro”, Western Economic Association International 83^rd Annual Conference, Honolulu, Hawaii, June 29 - July 3, 2008, with Mary Malliaris. “Financial Instabilities and Risk Management by Central Banks”, Western Economic Association International 83^rd Annual Conference, Honolulu, Hawaii, June 29 - July 3, 2008, with Marc Hayford. “Difficult Data Decision Dilemmas: The Use of Real-Time Inflation Data in Monetary Policy: Discussion”, Western Economic Association International 83^rd Annual Conference, Honolulu, Hawaii, June 29 - July 3, 2008. “Monetary Policy, Financial Stability and Interest Rates Rules: Discussion”, Western Economic Association International 83^rd Annual Conference, Honolulu, Hawaii, June 29 - July 3, 2008. “The Paradox of Employee Pension Fund Ownership: Discussion”, Western Economic Association International 83^rd Annual Conference, Honolulu, Hawaii, June 29 - July 3, 2008. “Differential Pricing”, The American Dental Association Council on Membership, Chicago, Illinois, June 23, 2008. “Future Challenges for NAFTA”, The Chris Paraskevopoulos Memorial Conference, The Athenian Policy Forum and York University, Toronto, Canada, May 15-16, 2008, with Alex Kondonassis. “The Future of the Euro and the Role of China and India”, The Chris Paraskevopoulos Memorial Conference, The Athenian Policy Forum and York University, Toronto, Canada, May 15-16, 2008, with Bala Batavia “Global Currency Markets”, Invited Academic Presenter, The Transformer Association Spring Meetings, Northbrook, Illinois, April 23-24, 2008. “Towards a Single Global Currency with an Emphasis on Tobin’s Currency Transactions Tax”, Annual Meetings of the Eastern Economic Association and the Single Global Currency Association, Boston, Massachusetts, March 7-9, 2008. “Financial Instability, Asset Bubbles and Monetary Policy”, Allied Social Science Associations Meetings, New Orleans, Louisiana, January 4-6, 2008, with Marc Hayford. “The Excess U.S. Equity Returns:  Are they Determined by Fundamentals or Behavioral Variables?” 20^th Annual Australasian Finance and Banking Conference, December 12-14, 2007, Shangri-La Hotel, Sydney, Australia, with Ramaprasad Bhar. “Subprime Mortgages”, Economics Forum and the Graduate School of Business, Loyola University Chicago, November 6, 2007. “An Examination of the Rationality and Efficiency of Mergers of Futures Exchanges:  Comments”, The Illinois Economics Association 37^th Annual Meeting, October 19-21, 2007. “Transparency and Uncertainty about Future Monetary Policy”, The Illinois Economics Association 37^th Annual Meeting, October 19-21, 2007, with Marc Hayford. “Modeling Short-Term Interest Rates: A Comparison of Methodologies”, The Twentieth International Joint Conference on Neural Networks, August 12-17, 2007, Orlando, Florida, with Mary Malliaris. “Fewer Global Currencies?” Fourth Annual Single Currency Conference, Mt Washington Hotel, July 19 – 20, 2007, Bretton Woods, New Hampshire.  “Are Banks Any Less Risky Since Basel? Comments”, Western Economic Association International 82^nd Annual Conference, Seattle, Washington, June 29- July 3, 2007. “Market Uncertainty About Future Monetary Policy”, Western Economic Association International 82^nd Annual Conference, Seattle, Washington, June 29- July 3, 2007, with Marc Hayford. “Modeling Federal Funds Rates: A Comparison of Four Methodologies”, Western Economic Association International 82^nd Annual Conference, Seattle, Washington, June 29- July 3, 2007, with Mary Malliaris. “Non-linear Modeling of Bivariate Comovements of Asset Prices: Theory and Tests”, Commodities Finance Center Conference for Agriculturals, Energy and Metals 2007, Birkbeck  College, University of London, England, January 17 -19, 2007 with Marco Corazza and Elisa Scalco. “The Global Monetary System and the Role of Global Currencies”, Allied Social Science Associations Meetings, Chicago, Illinois, January 5-7, 2007, with Alex Kondonassis. “NAFTA: Past, Present and Future”, The Athenian Policy Forum/ Loyola University Chicago Conference, January 4, 2007, Chicago, Illinois, with Alex Kondonassis and Chris Paraskevopoulos. “The Future of the U.S. Dollar:  Various Scenarios”, The Athenian Policy Forum/ Loyola University Chicago Conference, January 4, 2007, Chicago, Illinois, with Alex Kondonassis and Chris Paraskevopoulos. “The Role of Agriculture in the Development of Emerging Economies”, The Athenian Policy Forum/ Loyola University Chicago Conference, January 4, 2007, Chicago, Illinois, with Alex Kondonassis and Chris Paraskevopoulos. “Global Financial Instability and the Role of the Euro, the Renminbi and the Dollar”, Annual Conference of the Association for Global Business, November 16-19, 2006, Newport Beach, California. “Volatility Dynamics of NYMEX Natural Gas Futures Prices: Discussion”, Illinois Economics Association Thirty-Six Annual Meeting, October 20-21, 2006, Chicago, Illinois. “From Course Design to Course Delivery”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, October 12-14, 2006. “Professor Personality Issues in Teaching Effectiveness”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, October 12-14, 2006. “The Recent AACSB Initiative for Teaching Effectiveness”, AACSB Mid-Continent East Annual Meeting, October 1-3, 2006, Chicago, Illinois. “Course Delivery”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, July 20-21, 2006. “Professor Issues”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, July 20-21, 2006. “Student Issues”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, July 20-21, 2006. “Attributes of Effective Teachers”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, July 20-21, 2006. “The Risk Management Approach to Monetary Policy”, International Summer School on Risk Measurement and Control, Universita di Rome “La Sapienza”, Rome, Italy, June 20-28, 2006, with Marc Hayford. “Risk and Return of Individual Retirement Accounts”, International Summer School on Risk Measurement and Control,  Universita di Rome “La Sapienza”, Rome, Italy, June 20-28, 2006, with Mary Malliaris. “A Taylor Rule with Monthly Data”, The Joint University of Waterloo and the Eighth Biennial Athenian Policy Forum Conference, Waterloo, Canada, June 15-17, 2006, with Mary Malliaris. “Monetary Policy and Stock Market Volatility”, The Joint University of Waterloo and the Eighth Biennial Athenian Policy Forum Conference, Waterloo, Canada, June 15-17, 2006, with Marc Hayford. “Competition Among Global Currencies”, The Joint University of Waterloo and the Eighth Biennial Athenian Policy Forum Conference, Waterloo, Canada, June 15-17, 2006, with Alex Kondonassis and Chris Paraskevopoulos.  “Agricultural Development, Industrialization and Economic Integration in Less Developed Countries: Lessons of Experience”, The Joint University of Waterloo and the Eighth Biennial Athenian Policy Forum Conference, Waterloo, Canada, June 15-17, 2006, with Alex Kondonassis and Chris Paraskevopoulos. “Non-linear Modeling of Bivariate Comovements of Asset Prices: Methodology and Applications”, 4^tthINFINITI Conference on International Finance at the Institute for International Integration Studies, The University of Dublin, Dublin, Ireland, June 12-13, 2006, with Marco Corazza and Elisa Scalco. “Financial Aspects of Globalization”, Dinner Speaker, The Global Awareness Society International Annual Meetings, Chicago, Illinois, May 25-27, 2006. “Keeping Our Call Alive”, Annual EVOKE Summer Institute Speaker, Loyola University Chicago, May 17, 2006. “Futures Markets as Instruments of Risk Management”, Department of Economics, Lawrence University, Appleton Wisconsin, April 18, 2006. “Interpersonal Factors Affecting Teaching and Learning”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, March 23-24, 2006. “How to Integrate Research into the Classroom”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, March 23-24, 2006. “Global Financial Stability” Globalization and Economic Asymmetries Conference, Boston, Mass, January 5, 2006, with Alex Kondonassis and Chris Paraskevopoulos. “NAFTA: Future Challenges”, Globalization and Economic Asymmetries Conference, Boston, Mass, January 5, 2006, with Alex Kondonassis and Chris Paraskevopoulos. “When Bubbles Burst”, Piraeus University Executive MBA Lecture, Chicago, Illinois, December 12, 2005. “The Global Monetary System: Its Weaknesses and the Role of the IMF, EU and NAFTA”, Association for Global Business Annual Conference, Miami Beach, Miami, November 17-20, 2005. “NAFTA: Past, Present and Future”, Asymmetries in Growth and Trade in the Americas, Universidad Nacional Autonoma de Mexico, Mexico City, Mexico, April 21-22, 2005, with Alex Kondonassis and Chris Paraskevopoulos. “Expanding NAFTA: Lessons from the EU”, Allied Social Science Association Meetings, Philadelphia, Pennsylvania, January 7-9, 2005 with Alex Kondonassis and Chris Paraskevopoulos. “Greenhouse Gas Markets: Comments”, Illinois Economics Association Thirty-Fifth Annual Meeting, Chicago, Illinois, October 21-22, 2005. “NAFTA and Beyond: A Re-Examination”, The Athenian Policy Forum/Temple University Conference on Reassessing the Case for Free Trade,  Philadelphia, Pennsylvania, January 5-6, 2005 with Alex Kondonassis and Chris Paraskevopoulos. “Monetary Policy in the Presence of an Asset Bubble: Lessons from the U.S. in the 1920s and Japan in the 1990s”, Illinois Economics Association Thirty-Fourth Annual Meeting, Chicago, Illinois, October 15-16, 2004, with Marc Hayford. “The Role of Distribution Logistics in the Forward Pricing of California Gasoline: Discussion”, Illinois Economics Association Thirty-Fourth Annual Meeting, Chicago, Illinois, October 15-16, 2004. “The Supply of Storage for Natural Gas in California: Discussion”, Illinois Economics Association Thirty-Fourth Annual Meeting, Chicago, Illinois, October 15-16, 2004. “Soundness and Structure of International Banking: Discussion”, 7^th Biennial Conference of the Athenian Policy Forum, the Deutsche Bank, Frankfurt, Germany, July 28-31, 2004. “Asymmetries in U.S. Banking: The Role of Black-Owned Banks: Discussion”, 7^th Biennial Conference of the Athenian Policy Forum, the Deutsche Bank, Frankfurt, Germany, July 28-31, 2004. “The Extrajerizacion of the Mexican Banking Sector: Expectations and Results: Discussion”, 7^th Biennial Conference of the Athenian Policy Forum, the Deutsche Bank, Frankfurt, Germany, July 28-31, 2004. “Rethinking Monetary Stabilization in the Presence of an Asset Bubble: Should the Response be Symmetric or Asymmetric?”, 7^th Biennial Conference of the Athenian Policy Forum, the Deutsche Bank, Frankfurt, Germany, July 28-31, 2004, with Marc Hayford. “Asymmetrical Economic and Institutional Changes in the Western Balkans: Cooperation with the European Union”, 7^th Biennial Conference of the Athenian Policy Forum, the Deutsche Bank, Frankfurt, Germany, July 28-31, 2004, with Alex Kondonassis and Chris Paraskevopoulos. “Computational Finance: Overview and Future Prospects”, Lamar University Seminar, Beaumont, Texas, April 30, 2004. “Exchange for Physicals in Commodity Futures Markets: A Discussion”, Illinois Economics Association Thirty-Third Annual Meeting, Chicago, Illinois, October 17-18, 2003. “Time-Varying Risk Premia in Spot, Futures Prices and the Basis”, E-Business: Economic Impact and Policy Implications Workshop, Berlin, Germany, June 13-14, 2003 with A. Antoniou and R. Priestley. “Economic Asymmetries in the EU and NAFTA”, North American Economics and Finance Association Meetings, Washington, D.C., January 3-5, 2003, with Alex Kondonassis and Chris Paraskevopoulos. “How Did the Fed React to the 1990’s Stock Market Bubble: Evidence From an Extended Taylor Rule”, Illinois Economics Association Thirty-Second Annual Meeting, Chicago, Illinois, October 18-19, 2002, with Marc Hayford. “Monetary Policy and the Stock Market”, Sixth Biennial International Conference of the Athenian Policy Forum, Chicago, Illinois, August 16-17, 2002, with Marc Hayford. “Economic Asymmetries in Western Balkans”, North American Economics and Finance Association Meetings, Atlanta, Georgia, January 4-6, 2002, with Alex Kondonassis and Chris Paraskevopoulos. “Global Monetary Instability: The Role of the IMF, the EU and NAFTA”, North American Economics and Finance Association Meetings, Atlanta, Georgia, January 4-6, 2002. "The Balkans: Prospects for Development and the Cooperation with the European Union", International Conference on Current Issues in Transition Economies, Thessaloniki, Greece, December 7-9, 2001, with Alex Kondonassis and Chris Paraskevopoulos. "Asset Prices and Federal Reserve Behavior", European Financial Management Association Conference, Lugano, Switzerland, June 27-30, 2001, with Marc Hayford. "Evidence of Speculative Bubbles in the Korean Stock Market: Comments", European Financial Management Association Conference, Lugano, Switzerland, June 27-30, 2001. "Market Efficiency in Foreign Currencies", Eighth Annual Conference of the Multinational Finance Society, Verona, Italy, June 23-27, 2001, with Marco Corazza. "Scenario Optimization Asset and Liability Modeling: Comments", Eighth Annual Conference of the Multinational Finance Society, Verona, Italy, June 23-27, 2001. "Country Debt-Risk: A Stochastic Optimal Control Perspective: Comments", North American Economics and Finance Association Meetings, New Orleans, January 5-7, 2001. "Strengthening Global Financial Stability", North American Economics and Finance Association Meetings, New Orleans, January 5-7, 2001, with Alex Kondonassis. "Multifractality in Foreign Currency Markets", European Financial Management Association Meetings, June 29-July2, 2000, Athens, Greece, with Marco Corazza. "Lessons from the Asian Financial Crisis", North American Economics and Finance Association Meetings, Boston, January 7-9, 2000, with Alex Kondonassis. “Prospects for Monetary Union in North America: Comments”, North American Economics and Finance Association Meetings, Boston, January 7-9, 2000. “Why is the Asian Crisis Important?  Lessons and Prospects for Reforming the Global Financial System”, North American Economics and Finance Association Round Table on International Finance, Boston, January 6, 2000, with Alex Kondonassis. “Evaluating the Hedging Performance of GARCH Strategies: Comments”, Southern Finance Association Meetings, Key West, Florida, November 18-20, 1999. “Export-Oriented Growth: Structural and Financial Asymmetries in Asia”, North American Economics and Finance Association Meetings, New York, January 3-5, 1999, with Alex Kondonassis. “Old and New Lessons in Economic Integration”, International Conference on Economic Integration, Toronto, Canada, May 29-31, 1998, with Alex Kondonassis. “The Impact of Agricultural Policies of EU and NAFTA on World Trade”, International Conference on Economic Integration, Toronto, Canada, May 29-31, 1998, with Bala Batavia and Nick Lash. “Risk Sensitive Asset Allocation: A Discussion”, Midwest Finance Association Meetings, Chicago, Illinois, March 19-21, 1998. “Economic Development and Economic Integration: Old and New Lessons”, North American Economics and Finance Association Meetings, Chicago, Illinois, January 3-5, 1998, with Alex Kondonassis. “An Analysis of the Asymmetric Response of Stock Prices to News”, North American Economics and Finance Association Meetings, Chicago, Illinois, January 3-5, 1998, with A. Antoniou. "Volume and Price Relationship: Hypothesis and Testing for Agricultural Futures", Multinational Finance Society Meetings, Thessaloniki, Greece, June 1997, with Jorge Urrutia. "Volume and Price Relationship: Hypothesis and Testing for Agricultural Futures", Midwest Finance Association Annual Meetings, Kansas, Missouri, March 20-22, 1997, with Jorge Urrutia. "The European Monetary Union in Transition", North American Economics and Finance Association Meetings, New Orleans, LA, January 4-6, 1997, with A. Kondonassis. "Financial Futures-A Global Innovation", North American Economics and Finance Association Meetings, New Orleans, LA, January 4-6, 1997. “Volume and Price Relationships: Hypotheses and Testing for Agricultural Futures”, Southern Finance Association Meetings, Key West, Florida, November 20-23, 1996, with Jorge Urrutia. “When Non-randomness Appears Random: A Challenge to Decision Sciences”, Annual Meetings of the Decision Sciences Institute, Orlando, Florida, November 24-26, 1996, with Mary Malliaris. “The European Monetary System in Transition”, International Conference on Economic Integration in Transition, Athens, Greece, August 21-24, 1996, with Alex Kondonassis. “The Impact of Integration Schemes on Agricultural World Trade”, International Conference on Economic Integration in Transition, Athens, Greece, August 21-24, 1996, with Bala Batavia and Nick Lash. “European Stock Market Fluctuations; Short and Long Term Links”, Midwest Finance Association Meetings, Chicago, Illinois, March 21-23, 1996, with Jorge Urrutia. “NAFTA: What Can It Learn from EU and Older Integration Schemes”, North American Economics and Finance Association Meetings, San Francisco, CA, January 5-7, 1996, with Alex Kondonassis. “Theory and Testing of a Trading Volume Model”, North American Economics and Finance Association Meetings, San Francisco, CA, January 5-7, 1996, with Jorge Urrutia. “Microanalytics of Volatility in Futures Markets”, North American Economics and Finance Association Meetings, San Francisco, CA, January 5-7, 1996, with Jerry Stein. "Volume and Price Relationships: Hypotheses and Testing", Financial Management Association International, New York City, NY, October 19-21, 1995, with J. Urrutia. "Equity Markets’ Reaction to Global Shocks", 2nd Annual Conference on Multinational Financial Issues, Philadelphia, PA, June 15-17, 1995, with J. Urrutia. "Linkages Between Agricultural Commodity Futures Contracts", Eastern Finance Association Meetings, Hilton Head, South Carolina, April 27-29, 1995, with J. Urrutia. "Neural Networks and Market Volume Prediction: Comments", Midwest Finance Association Meetings, Cincinnati, Ohio, March 30-April 1, 1995, with J. Urrutia. "Volume and Price in Agricultural Futures Markets", Midwest Finance Association Meetings, Cincinnati, Ohio, March 30-April 1, 1995, with J. Urrutia. "Analysis of Spot and Futures U.S. Equity and Oil Markers During the Persian Gulf Crisis", Midwest Finance Association Meetings, Cincinnati, Ohio, March 30-April 1, 1995, with J. Urrutia. "Recent Developments in European Monetary Union", North American Economics and Finance Association Meetings, Washington D.C., January 6-8, 1995, with A.J. Kondonassis. "Linkages Between Agricultural Futures Contracts", North American Economics and Finance Association Meetings, Washington D.C., January 6-8, 1995, with J. Urrutia. "European Stock Market Fluctuations: Short and Long Term Linkages", First Annual Conference on Multinational Financial Issues, Atlantic City, New Jersey, June2-4, 1994, with J. Urrutia. "The Common Agricultural Policy of the EU and Developing Countries", International Conference on Economic Integration and Public Policy: NAFTA, the European Union and Beyond, Toronto, Canada, May 27-29, 1994, with B. Batavia. "European Monetary Integration: Less Developed Areas of EU and Lessons for other Trading Agreements”, International Conference on Economic Integration and Public Policy: NAFTA, the European Union and Beyond, Toronto, Canada, May 27-29, 1994, with A.J. Kondonassis. "Short-Term and Long-Term Linkages Between Agricultural Futures Contracts", Midwest Finance Association Meetings, Chicago, Illinois, March 24-26, 1994, with J. Urrutia.  This paper has received the Chicago Board of Trade Outstanding Paper Award in the area of Futures and Options Research. "Oil and World Stock Markets Reaction to the Gulf Crisis", North American Economics and Finance Association Meetings, Boston, Massachusetts, January 3-5, 1994, with J. Urrutia. "New and Old Issues in Economic Integration", North American Economics and Finance Association Meetings, Boston, Massachusetts, January 3-5, 1994, with A.J. Kondonassis. "European Monetary Integration: Less Developed Areas of the EC and Lessons for Other Trading Agreements”, American Economic Association Meetings, Boston, Massachusetts, January 3-5, 1994, with A.J. Kondonassis. "Empirical Results of Oil and World Equity Markets During the Persian Gulf Crisis Using Event-Study and Causality Methodology", Financial Management Association Meetings, Toronto, Canada, October 14-16, 1993, with J. Urrutia. "Monetary Union in the EC: The Case of Greece", Western Economic Association Meetings, Lake Tahoe, Nevada, June 20-24, 1993, with A.J. Kondonassis. "Chaotic Behavior in Stock Prices of European Stock Markets", Second Annual Conference on European Financial Management Issues, Virginia Beach, Virginia, May 28-29, 1993, with E. Pilarinu and G. Philippatos. "Deriving Derivatives of Derivative Securities: Comments", North American Economics and Finance Association Meetings, Anaheim, California, January 5-7, 1993. "Decomposition of Inflation and its Volatility", North American Economics and Finance Association Meetings, Anaheim, California, January 5-7, 1993, with M. Malliaris. "Equity Markets and their Response to the Persian Gulf Crisis", North American Economics and Finance Association Meetings, Anaheim, California, January 5-7, 1993, with J. Urrutia. "Monetary Union and European Economic Integration: The Less Developed Areas", North American Economics and Finance Association Meetings, Anaheim, California, January 5-7, 1993, with A.J. Kondonassis. "The Impact of the Persian Gulf Crisis on National Equity Markets", The Southern Finance Association Meetings, Jacksonville, Florida, November 18-21, 1992, with J. Urrutia. "Analysis of Spot and Futures U.S. Equity and Oil Markets During the Gulf Crisis", Academy of Financial Services Meetings, San Francisco, California, October 21, 1992, with J. Urrutia. "Equity Markets and the Persian Gulf Crisis: Comparisons from two Methodologies", Eastern Finance Association Meetings, Tampa, Florida, April 22-25, 1992, with J. Urrutia. "World Stock Markets and the Persian Gulf Crisis", Midwest Finance Association Meetings, Chicago, Illinois, March 26-28, 1992, with J. Urrutia. "A Monte Carlo Simulation for Testing the Randomness of Certain Hedge Ratios", North American Economics and Finance Association Meetings, New Orleans, Louisiana, January 2-5, 1992, with J. Urrutia. "Money Supply, Industrial Production and the S&P 500 Index", North American Economics and Finance Association Meetings, New Orleans, Louisiana, January 2-5, 1992, with J. Urrutia. "Where Did the International Stock Market Crash of October 1987 Originate?”, Southern Finance Association Meetings, Key West, Florida, November 20-23, 1991, with J. Urrutia. "A Bootstrap Distance Test for Stochastic Dominance: Comments", Financial Management Association Meetings, Chicago, Illinois, October 9-12, 1991. "Behind the Veil of Unbiased Forward Hypothesis: Comments", Financial Management Association Meetings, Chicago, Illinois, October 9-12, 1991. "Time Series Properties of Stock Indexes Hedge Ratios", Financial Management Association Meetings, Chicago, Illinois, October 9-12, 1991, with J. Urrutia. "The Instability of Foreign Currency Hedge Ratios", Midwest Finance Association Meetings, St. Louis, Missouri, April 3-5, 1991, with J. Urrutia. "The International Crisis of October 1987: Causality Tests", The North American Economics and Finance Association Annual Meeting, Washington D.C., December 28-30, 1990. "The Market Crash of October 1987: Some Empirical Evidence of its Domestic and International Dimensions", Financial Management Association Meetings, Orlando, Florida, October 24-27, 1990, with J. Urrutia. "Heterogeneous Discount Rates: A Generalization of Hotelling's Rule", Fourth International Symposium on Differential Games and Applications, Helsinki University of Technology, Espoo, Finland, August 9-10, 1990, with S. Stefani. "The Relationship of National Stock Markets: Statistical Evidence Before, During and After the October 1987 Crash", Sixth International Congress of the North American Economics and Finance Association, Mexico City, August 7-9, 1990, with J. Urrutia. "The Behavior of Hedge Ratios for Foreign Currencies", International Conference on Investment and Hedging, Gardone, Italy, June 20-23, 1990, with J. Urrutia. "The Market Crash of October 1987: A U.S. Market Crash or an International Market Crash? Some Empirical Evidence", Midwest Finance Association Meetings, Chicago, March 28-30, 1990, with J. Urrutia. "Money, Inflation and Interest Rates: Illustrations from Twelve European Economies", Midwest Economics Association Meetings, Chicago, March 28-30, 1990, with S. Stefani. "The European Economic Community and U.S. Banking", Southwestern Social Science Association Meetings, Fort Worth, Texas, March 28-31, 1990. "Variance Ratio Tests of the Nonstationarity of the Hedge Ratio for Stock Indexes and Foreign Currency Futures", Fifth International North American Economics and Finance Association Congress, Boulder, Colorado, July 21-24, 1989, with J. Urrutia. "Old and New Themes in Economic Development: From Antithesis to Synthesis", European Economic Development Conference, Dubrovnik, Yugoslavia, May 18-19, 1989, with A.J. Kondonassis. "Tests of Random Walk of the Hedge Ratio and Measure of Hedging Effectiveness for Stock Indexes and Foreign Currency Futures", Midwest Finance Association Meetings, Cincinnati, Ohio, March 28-31, 1989, with J. Urrutia. "The Volume of Trading in Futures Markets: Variance Ratio Tests", Allied Social Science Association Meetings, New York, December 27-30, 1988, with J. Urrutia. "The Quantity Theory of Money: Annual Data", Midwest Finance Association Meetings, Chicago, Illinois, April 6-9, 1988. "New and Old Themes in Economic Development", Southwest Social Science Associations Meetings, Houston, Texas, March 23-26, 1988. "A Rational Expectation-Efficient Markets Model of the Impact of Monetary Policy on Short Term Interest Rates: Comments", Allied Social Science Associations Meetings, Chicago, December 28-30, 1987. "The Quantity Theory Under Uncertainty", Midwest Finance Association Meetings, Chicago, Illinois, March 19-22, 1986. "Asymptotic Economic Growth Under Uncertainty", Midwest Mathematical Economics Conference, Michigan State University, East Lansing, Michigan, October 25-27, 1985, with F.R. Chang.  "Stochastic Quantity Theory of Money", Econometric Society Meetings, Dallas, Texas, December 28-30, 1984. "Generalizations of Strategies for Managing Interest Rate Risk", North American Economics and Finance Association Meetings, Mexico City, July 25-28, 1984, with G. Kaufman. "Duration Based Strategies for Managing Interest Rate Risk at Financial Institutions", Midwest Finance Association Meetings, Chicago, Illinois, April 5-7, 1984, with G. Kaufman.  "Some Testable Implications of the Financial Instability Hypothesis: Comments", Missouri Valley Economic Association Conference, Kansas City, Missouri, March 1-3, 1984.  "Inflation and Vicious Circles Under the Managed Float", Midwest Economics Association Meetings, St. Louis, Missouri, April 7-9, 1983, with M. Pournarakis. "Is Inflation Self-Perpetuating? The Case of Greece 1953-1979", Fifteenth International Atlantic Economic Conference, Paris, France, March 11-19, 1983, with B. Batavia and N. Lash. "An Eclectic Approach to the Problem of the International Transmission of Inflation", Missouri Valley Economic Association Meetings, St. Louis, Missouri, March 3-5, 1983, with E. Pournarakis.  "Socio-Economic Effects of Argentine Anti-Inflation Policy: Comments", Allied Social Science Associations Meetings, New York, December 28-30, 1982. "Fundamentals of Stochastic Calculus in Financial Economics", Midwest American Institute for Decision Sciences Conference, Milwaukee, Wisconsin, April 1982. "Properties of Continuous Time Stochastic Economic Growth", Econometric Society Meetings, Washington, D.C., December 1981, with F.R. Chang.  "Approaches to Economic Stabilization, Social Issues and the Role of Government", Association for Social Economics Meetings, Washington, D.C., December 1981.  "A Stochastic Approach to Economic Growth", Midwest American Institute for Decision Sciences Conference, Dayton, Ohio, April 1980. "Theory and Applications of Martingale Methods in Decision Making", Midwest American Institute for Decision Science Conference, Dayton, Ohio, April 1980. "Extended Monetarist and Fiscalist Models", Missouri Valley Economic Association Conference, St. Louis, Missouri, February 1979.                                              "The Neoclassical Economic Growth Model Under Uncertainty", Econometric Society Meetings, Chicago, Illinois, August 1978. "Comments on the Impact of the Automatic Stabilizers", Southwestern Social Science Convention, Houston, Texas, April 1978.  "Comments on Price Expectations and the Real Interest", Midwest Economics Association Meetings, Chicago, Illinois, April 1978. "On Milton Friedman's Role of Monetary Policy", Missouri Valley Economic Association Conference, Kansas City, Kansas, February 1978. "An Analysis of Greek Industrial Growth: 1953-72", Conference on Southeastern Europe, Ohio State University Columbus, Ohio, April 1977, with S.D. Ramenofsky. "Conditions for Short Run and Long Run Price Stability", Missouri Valley Economic Association Conference, St. Louis, Missouri, February 1977.  "Issues in African Economic Development", African Conference, The De Paul International Law Society, Chicago, Illinois, October 1973. "Living Standards, Living Levels and the Hypothesis of Standardized Choice: A Critique", Southern Economic Association Meetings, Washington, D.C., November 1972. "A Dynamic General Equilibrium Model With Money", Econometric Society Meetings, New Orleans, Louisiana, December 1971.  "A Critique of Monetary Growth Theory", Southwestern Social Science Convention, Dallas, Texas, March 1971. "An Introductory Survey of Monte Carlo Studies", Southwestern Social Science Convention, Dallas, Texas, April 1970, with S.D. Ramenofsky.  "Input Analysis and Short Run Economic Profits", Southwestern Social Science Convention, Houston, Texas, April 1969.
SEMINARS OFFERED		“Interpersonal Factors Affecting Teaching Effectiveness”, AACSB International Teaching Effectiveness Seminar, Tampa, Florida, March 23-24, 2006. “An Overview of the U.S. Economy: Real and Financial Dimensions”, International Visitors Program of the U.S. State Department, Chicago, Illinois, November 25, 2003. “Greenspan’s Monetary Policy and the U.S. Stock Market Bubble”, Loyola University Chicago Economics Forum, October 21, 2003, with Marc Hayford. “Deflation”, Piraeus Executive MBA Lecture, Piraeus, Greece, July 7, 2003. “Global Financial Risks”, Piraeus Executive MBA Lecture, Piraeus, Greece, July 8, 2003.  “Honoring Anna J. Schwartz: Her Contributions to Monetary Economics”, Celebration of her Honorary Degree from Loyola University Chicago, May 9, 2003. “Monetary Policy and Stock Market Bubbles: Normative vs. Positive Issues”, Economics Seminar at DePaul University, February 10, 2003, with Marc Hayford. “Global Banking and Financial Crises”, Athens University of Economics and Business Invited Lecture, Athens, Greece, May 15, 2002. “Is the Fed Stock Market Bubble-Neutral?  Further Evidence”, XXX Meeting of the Euro Working Group of Financial Modelling, Capri, Italy, May 2-5, 2002. "New Developments in Stochastic Finance", Banking and Finance Seminar, Athens University of Economics and Business, Athens, Greece, May 30, 2001. "Global Monetary Instability: Lessons from the EU", Economics Seminar, Athens University of Economics and Business, Athens, Greece, May 28, 2001. "Monetary Policy and Asset Prices", Macroeconomics Seminar, The Federal Reserve Bank of Chicago, May 3, 2001, with Marc Hayford. "Monetary Policy and the Stock Market", Department of Economics Seminar, Northern Illinois University, April 4, 2001, with Marc Hayford. "Global Monetary Instability and the Taxation of Capital Mobility", International Conference on Trade, Competitiveness and Social Protection, Antwerp, Belgium, December 14-15, 2000. "What Can the Global Monetary System Learn from the European Monetary System?", International Conference on the Global Economy, Athens University of Economics and Business, Athens, Greece, August 25-27, 2000. "Global Financial Instability", International Conference on the Global Economy, Athens University of Economics and Business, Athens, Greece, August 25-27, 2000. "Key Lessons from Banking and currency Crises: An Overview", Conference on Global Dimensions in Banking and Currency Crises, Izmir, Turkey, August 17-19, 2000. "Strengthening the Global Financial Stability", Conference on Global Dimensions in Banking and Currency Crises, Izmir, Turkey, August 17-19, 2000. “The Asian Financial Crisis and the Role of the International Monetary Fund”, Economics Department of the University of Alexandria, Alexandria, Egypt, March 11, 2000. “Lessons from the Asian Financial and Economic Crisis”, Athens Summit 99 - Economic Priorities on the Threshold of the 21^st Century, Athens Greece, September 17-19, 1999. “Capital Asset Pricing and Futures Markets”, Inaugural Lecture, Institute for Advanced Studies, Vienna, Austria, June 7, 1999. “Continuous Time Finance”, Institute for Advanced Studies, Vienna, Austria, June 1 to June 9, 1999. “Financial and Economic Dimensions of the Asian Crisis”, The Athenian Policy Forum Conference on Asymmetries in Financial Globalization, Chicago, Illinois, May 14, 1999. “Speculation and Bayesian Errors as Determinants of Asset Volatility”, The University of Oklahoma Department of Economics Seminar Series, Norman, Oklahoma, April 16, 1999. “Why is the Asian Financial Crisis Important?”, The University of Oklahoma Omicron Delta Epsilon Honorary Society of Economics, Norman, Oklahoma, April 15, 1999. “Random Walks and Chaotic Dynamics in Asset Pricing”, The University of Chicago Financial Mathematics Seminar, Chicago, Illinois, February 19, 1999. “Chaotic and Stochastic Methods in Economic Analysis”, Department of Economics Lecture Series, Northern Illinois University, DeKalb, Illinois, February 1, 1999. “Multifractality in Foreign Currency Markets”, Asset and Liability Management Conference, The University of British Columbia, Vancouver, Canada, August 14-16, 1998. “Statistical Methods in Financial Volatility”, Department of Statistics, The University of Prague, The Czech Republic, June 9, 1998. “Foreign Currency Hedging and Speculation”, Department of Statistics, The University of Prague, The Czech Republic, June 8, 1998. “Interest Rate Derivatives”, Department of Statistics, The University of Prague, The Czech Republic, June 8, 1998. "Teaching Futures and Options in Economics and Finance Curricula", Financial Futures Seminar for Educators, Chicago Board of Trade, Chicago, Illinois, September 11-12, 1997. "Fractal Structure in Agricultural Futures Markets", Chicago Risk Management Workshop, Chicago, Illinois, October 8, 1997. "Volatility in Asset Prices", Department of Economics Invited Lecture, The Chinese University of Hong Kong, Hong Kong, March 25, 1997. “Chaotic Dynamics: Mathematical, Computer and Financial Applications”, Chicago Chapter of the Institute of Operations Research and the Management Science, Chicago, Illinois, December 11, 1996, with Mary Malliaris. “Stochastic Calculus and Financial Modeling”, Italian Doctoral Program, Urbino University, Urbino, Italy, June 7-10, 1996. “Modeling Stochastic Volatility: Theoretical and Empirical Issues”, Conference on the Theory and Modelling in Financial Economics, University of Venice, Venice, Italy, June 2-6, 1996. “Teaching Futures and Options in Economics and Finance Curricula”, Financial Futures Seminar for Educators, The Chicago Board of Trade, Chicago, Illinois, February 22-23, 1996. "Stochastic Methods With Applications in Finance", Doctoral Seminar, Brunel, The University of West London, London, England, June 27- July 1, 1994, sponsored by the Royal Economic Society. "Advanced Seminar on Options and Futures", The University of Rome Doctoral Program in Finance, Rome, Italy, June 20-24, 1994. "Fundamentals for Organizing Futures Exchanges", The Piraeus Commodity and Commerce Exchange, Piraeus Greece, May 12, 1993. "An Overview on Chaos and a Comparison of Stochastic and Deterministic Systems", Symposium on Chaos, Statistics and Econometrics, Department of Economics and the Interdisciplinary Consortium for Statistical Applications, Indiana University, Bloomington, Indiana, April 16, 1993. "Why Are Economists Interested in Chaotic Dynamics? --- Reasons and Challenges", Department of Economics, Keio University, Tokyo, Japan, March 29, 1993. "Monetary Integration Between Unequal Partners in the EEC: The Case of Greece", International Conference of Economic Integration Between Unequal Partners, The Athens Economics University, Athens, Greece, August 20-23, 1992, with A.J. Kondonassis. "The Globalization of the World Economy", Harris Trust & Savings Bank, Hispanic Bankers Association Lecture, Chicago, Illinois, July 8, 1992. "The World Economy After the Cold War", Greek Management Association, Economics Institute Seminar, Athens, Greece, June 25, 1992. "An Evaluation of the Applications of Chaotic Dynamics in Economics", University of Siena, Monte dei Paschi Seminar, Siena, Italy, June 22, 1992. "Quantitative Methods in Financial Modeling: Stochastic Methods Seminar", The University of Rome Doctoral Program, Rome, Italy, June 15-19, 1992. "Foreign Direct Investment in the U.S.: An Overview of the Statistical Evidence", Loyola University, Graduate School of Business Alumni Board Seminar, Chicago, Illinois, March 12, 1992. "Methodology of Stochastic and Chaotic Systems in Economics", University of Notre Dame, Department of Economics Theory and Methods Workshop, Notre Dame, Indiana, March 3, 1992. "Random Walk vs. Chaotic Dynamics in Economics", DePaul University, Department of Economics Seminar, Chicago, Illinois, February 18, 1992. "The Methodology of Chaos in Economics", Citicorp Lecture, Department of Economics, Brown University, Providence, Rhode Island, March 15, 1991. "U.S. and Global Awareness: Business Perspectives", James D. Barry Memorial University Seminar, Loyola University, Chicago, Illinois, October 24-31 and November 7, 1990. "Stochastic Processes and Financial Uncertainty", University of Brescia Finance Seminar, Brescia, Italy, June 25, 1990. "The Relationship of National Stock Markets", Futures and Options Seminar, Department of Finance, The University of Illinois at Chicago, Chicago, Illinois, May 9, 1990, with Jorge Urrutia. "The Role of International Trade and Trade Policies in the Development Process", International Conference on Economic Development in Honor of A.J. Kondonassis, The University of Oklahoma, Norman, Oklahoma, April 19-21, 1989. "Time Series Properties of Volume of Trading in Futures Markets", Futures and Options Seminar, Department of Finance, The University of Illinois at Chicago, Chicago, Illinois, March 1, 1989, with J. Urrutia. "The Quantity Theory of Money: 1947-1987 and 1875-1975", Research Division of the Federal Reserve Bank of Chicago, Chicago, Illinois, February 22, 1989. "Theoretical and Empirical Aspects of the Quantity Theory of Money", London School of Economics, London, England, December 16, 1988. "The Volume of Trading in Futures Markets: Theory and Testing", International Conference on Financial Markets, Developments and Reforms, Paris, France, June28-30, 1988, with J. Urrutia.  "Financial Futures", Greek Management Association, Thessaloniki, Greece, June 9, 1988.  "Interest Rate and Foreign Currency Futures", Greek Management Association, Athens, Greece, June 7, 1988. "Microeconomic and Macroeconomic Factors of Financial Instability", Greek Management Association, Athens, Greece, December 15-17, 1987. "Illustrations of the Quantity Theory of Money: Further Evidence", Fourth Symposium on Money, Credit and Insurance, University of Karlsruhe, Germany, December 9-12, 1987. "Futures and Options", Greek Management Association, Athens, Greece, June 16, 1987. "Productivity and Competitiveness in U.S. Banking", International Conference on Productivity and Competition, The American College, Athens Greece, September 24-26, 1986. "Financial Modeling in Continuous Time", Department of Finance, The University of Oklahoma, Norman, Oklahoma, April 10, 1986.  "Illustrations of the Quantity Theory of Money", Department of Economics, The University of Oklahoma, Norman, Oklahoma, April 10, 1986. "Recent Applications in Stochastic Calculus", Invited Session on Finance Update, Midwest Finance Association, Cincinnati, Ohio, March 28-30, 1985.   "Stochastic Quantity Theory of Money", Management Sciences Lecture Series, Northwestern University, Chicago, Illinois, March 4, 1985.  "Duration Based Strategies for Managing Bank Interest Rate Risk: Generalized Proofs and Numerical Examples", Third Congress on Money, Banking and Insurance, University of Karlsruhe, Germany, December 12-15, 1984, with G. Kaufman. "A Survey of Itô's Calculus and Economic Analysis", Application of Stochastic Processes to Finance Conference, Center of Education and Research Applied to Management, Nice, France, June 22-23, 1984.  "Workshop on Itô's Calculus and Financial Analysis", American Institute for Decision Sciences National Meetings, San Antonio, Texas, November 21-23, 1983. "New Trends in Financial Modeling Using Stochastic Processes", Department of Finance, The University of Tennessee, Knoxville, Tennessee, November 7-11, 1983.  "Stochastic Calculus and Financial Economics", Department of Mathematical Sciences, DePaul University, Chicago, Illinois, May 30, 1983. "Probabilistic Methods and Economics Analysis", Department of Mathematical Sciences, Oakland University, Oakland, Michigan, March 24, 1983. "Methods and Techniques for Evaluating Business Management Programs", Greek Management Association Meeting, Athens, Greece, December 1981. "Capital Theory Seminar: Stochastic Methods in Financial Economics", Department of Finance, The University of Texas at Austin, Austin, Texas, Summer 1981.