Details about Georgios Chortareas

Access statistics for papers by Georgios Chortareas.

Last updated 2020-04-06. Update your information in the RePEc Author Service.

Short-id: pch725

Working Papers

2018

1. Public Opinion, Elections, and Environmental Fiscal Policy
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section
2. Volatility and Growth: A not so Straightforward Relationship
   Working Papers in Economics & Finance, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group View citations (4)
   Also in NBS Discussion Papers in Economics, Economics, Nottingham Business School, Nottingham Trent University (2017)
   Working Paper series, Rimini Centre for Economic Analysis (2017)
   See also Journal Article Volatility and growth: a not so straightforward relationship, Oxford Economic Papers, Oxford University Press (2019) View citations (7) (2019)

2010

3. Banking Sector Performance in Some Latin American Countries: Market Power versus Efficiency
   Working Papers, Banco de México View citations (6)
4. Money and Information in a New Neoclassical Synthesis Framework
   Discussion Papers, University of Nottingham, School of Economics View citations (13)
   Also in Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM) (2009) View citations (2)
   See also Journal Article Money and Information in a New Neoclassical Synthesis Framework, Economic Journal, Royal Economic Society (2010) View citations (13) (2010)

2008

5. Getting PPP Right: Identifying Mean-Reverting Real Exchange Rates in Panels
   Working Papers, Queen Mary University of London, School of Economics and Finance View citations (2)
   Also in Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group (2004) View citations (10)
   Working Papers, Queen Mary University of London, School of Economics and Finance (2004) View citations (14)
   See also Journal Article Getting PPP right: Identifying mean-reverting real exchange rates in panels, Journal of Banking & Finance, Elsevier (2009) View citations (137) (2009)

2007

6. Forecasting Exchange Rate Volatility with High Frequency Data: Is the Euro Different?
   Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group View citations (1)
7. Real exchange rates and current account imbalances in the Euro-area
   Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group View citations (7)

2006

8. Current Account Imbalances and Real Exchange Rates in the Euro Area
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (6)
   See also Journal Article Current Account Imbalances and Real Exchange Rates in the Euro Area*, Review of International Economics, Wiley Blackwell (2008) View citations (114) (2008)
9. The Walsh Contracts for Central Bankers Are Optimal After All!
   Working papers, University of Connecticut, Department of Economics
10. The yen real exchange rate may be stationary after all: evidence from non-linear unit root tests
    Bank of England working papers, Bank of England View citations (10)
    Also in Working Papers, Queen Mary University of London, School of Economics and Finance (2003) View citations (7)
    See also Journal Article The Yen Real Exchange Rate may be Stationary after all: Evidence from Non‐linear Unit‐root Tests, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2004) View citations (46) (2004)

2005

11. How Puzzling is the PPP Puzzle? An Alternative Half-Life Measure of convergence to PPP
    Money Macro and Finance (MMF) Research Group Conference 2005, Money Macro and Finance Research Group View citations (1)
    Also in Working Papers, Queen Mary University of London, School of Economics and Finance (2004) View citations (12)
    See also Journal Article HOW PUZZLING IS THE PPP PUZZLE? AN ALTERNATIVE HALF‐LIFE MEASURE OF CONVERGENCE TO PPP, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2013) View citations (6) (2013)

2003

12. A Nonlinear Approach to Public Finance Sustainability in Latin America
    Working Papers, Queen Mary University of London, School of Economics and Finance
13. An Investigation of Current Account Solvency in Latin America Using Non Linear Stationarity Tests
    Working Papers, Queen Mary University of London, School of Economics and Finance View citations (1)
14. Current accounts, net foreign assets and the implications of cyclical factors
    Bank of England working papers, Bank of England View citations (16)
    See also Journal Article Current Accounts, Net Foreign Assets and the Implications of Cyclical Factors, Eastern Economic Journal, Eastern Economic Association (2003) View citations (15) (2003)
15. The Real Exchange Rate in Small Open Developed Economies: Evidence from Cointegration Analysis
    Working papers, University of Connecticut, Department of Economics View citations (1)
    See also Journal Article The Real Exchange Rate in Small, Open, Developed Economies: Evidence from Cointegration Analysis, The Economic Record, The Economic Society of Australia (2004) View citations (10) (2004)

2002

16. Central Banker Contracts, Incomplete Information, and Monetary Policy Surprises: In Search of a Selfish Central Banker?
    Working papers, University of Connecticut, Department of Economics
    See also Journal Article Central Banker Contracts, Incomplete Information, and Monetary Policy Surprises: In Search of a Selfish Central Banker?, Public Choice, Springer (2003) View citations (10) (2003)
17. Optimal Central Banker Contracts and Common Agency
    Working papers, University of Connecticut, Department of Economics View citations (2)
    See also Journal Article Optimal Central Banker Contracts and Common Agency, Public Choice, Springer (2004) View citations (12) (2004)

2001

18. Does it pay to be transparent? International evidence from central bank forecasts
    Bank of England working papers, Bank of England View citations (105)
    See also Journal Article Does it pay to be transparent? international evidence form central bank forecasts, Review, Federal Reserve Bank of St. Louis (2002) View citations (49) (2002)
19. PPP and the real exchange rate-real interest rate differential puzzle revisited: evidence from non-stationary panel data
    Bank of England working papers, Bank of England View citations (43)

2000

20. Monetary Policy Delegation, Contract Costs, and Contract Targets
    Working papers, University of Connecticut, Department of Economics View citations (3)
    See also Journal Article Monetary Policy Delegation, Contract Costs and Contract Targets, Bulletin of Economic Research, Wiley Blackwell (2003) View citations (18) (2003)

Journal Articles

2020

1. Credit risk and the business cycle: What do we know?
   International Review of Financial Analysis, 2020, 67, (C) View citations (8)

2019

2. INFLATION DYNAMICS AND THE OUTPUT‐INFLATION TRADE‐OFF: INTERNATIONAL PANEL DATA EVIDENCE
   Economic Inquiry, 2019, 57, (4), 2110-2124 View citations (2)
3. QUANTITATIVE EASING AND THE UK STOCK MARKET: DOES THE BANK OF ENGLAND INFORMATION DISSEMINATION STRATEGY MATTER?
   Economic Inquiry, 2019, 57, (1), 569-583 View citations (1)
4. Volatility and growth: a not so straightforward relationship
   Oxford Economic Papers, 2019, 71, (4), 874-907 View citations (7)
   See also Working Paper Volatility and Growth: A not so Straightforward Relationship, Working Papers in Economics & Finance (2018) View citations (4) (2018)

2018

5. Asset markets, financial intermediaries and growth in emerging markets and beyond
   International Economics and Economic Policy, 2018, 15, (2), 255-259
6. Elections and opportunistic budgetary policies in Greece
   Managerial and Decision Economics, 2018, 39, (8), 854-862 View citations (1)
7. How Europe should Overcome the Coming Deadlock
   The Economists' Voice, 2018, 15, (1), 3
8. Resuscitating real interest rate parity: new evidence from panels
   The European Journal of Finance, 2018, 24, (14), 1176-1189 View citations (3)
9. The eurozone financial crisis and bank efficiency asymmetries: Peripheral versus core economies
   The Journal of Economic Asymmetries, 2018, 18, (C), - View citations (10)

2017

10. Federal reserve's policy, global equity markets, and the local monetary policy stance
    Journal of Banking & Finance, 2017, 77, (C), 317-327 View citations (11)
11. Strategic fiscal policies and leadership in a monetary union
    European Journal of Political Economy, 2017, 47, (C), 133-147 View citations (6)

2016

12. Can monetary policy fully stabilize pure demand shocks in a monetary union with a fiscal leader?
    Economic Modelling, 2016, 54, (C), 463-468 View citations (7)
13. Credit market freedom and cost efficiency in US state banking
    Journal of Empirical Finance, 2016, 37, (C), 173-185 View citations (21)
14. Political budget cycles and reelection prospects in Greece's municipalities
    European Journal of Political Economy, 2016, 43, (C), 1-13 View citations (33)
15. The effect of banking supervision on central bank preferences: Evidence from panel data
    Economics Letters, 2016, 140, (C), 11-13 View citations (4)

2015

16. Financial Development and Economic Activity in Advanced and Developing Open Economies: Evidence from Panel Cointegration
    Review of Development Economics, 2015, 19, (1), 163-177 View citations (30)
17. THE FINANCIAL DEVELOPMENT AND GROWTH NEXUS: A META-ANALYSIS
    Journal of Economic Surveys, 2015, 29, (3), 549-565 View citations (74)

2014

18. Inflation targeting and inflation convergence: International evidence
    Journal of International Financial Markets, Institutions and Money, 2014, 31, (C), 285-295 View citations (25)
19. Monetary policy and stock returns under the MPC and inflation targeting
    International Review of Financial Analysis, 2014, 31, (C), 109-116 View citations (6)
20. Oil shocks, stock market prices, and the U.S. dividend yield decomposition
    International Review of Economics & Finance, 2014, 29, (C), 639-649 View citations (14)

2013

21. Financial freedom and bank efficiency: Evidence from the European Union
    Journal of Banking & Finance, 2013, 37, (4), 1223-1231 View citations (117)
22. Fiscal Policy Rules in Monetary Unions
    Journal of Post Keynesian Economics, 2013, 36, (1), 85-104 View citations (4)
23. HOW PUZZLING IS THE PPP PUZZLE? AN ALTERNATIVE HALF‐LIFE MEASURE OF CONVERGENCE TO PPP
    Journal of Applied Econometrics, 2013, 28, (3), 435-457 View citations (6)
    See also Working Paper How Puzzling is the PPP Puzzle? An Alternative Half-Life Measure of convergence to PPP, Money Macro and Finance (MMF) Research Group Conference 2005 (2005) View citations (1) (2005)
24. Volatility and Spillover Effects of Yen Interventions
    Review of International Economics, 2013, 21, (4), 671-689 View citations (7)

2012

25. Bank supervision, regulation, and efficiency: Evidence from the European Union
    Journal of Financial Stability, 2012, 8, (4), 292-302 View citations (147)
26. Competition, efficiency and interest rate margins in Latin American banking
    International Review of Financial Analysis, 2012, 24, (C), 93-103 View citations (36)
27. Forecast rationality and monetary policy frameworks: Evidence from UK interest rate forecasts
    Journal of International Financial Markets, Institutions and Money, 2012, 22, (1), 209-231 View citations (11)
28. Switching to floating exchange rates, devaluations, and stock returns in MENA countries
    International Review of Financial Analysis, 2012, 21, (C), 119-127 View citations (6)
29. The asymmetry of the New Keynesian Phillips Curve in the euro-area
    Economics Letters, 2012, 114, (2), 161-163 View citations (19)
30. Trade flows revisited: further evidence on globalisation
    Cambridge Journal of Economics, 2012, 36, (2), 481-493 View citations (1)

2011

31. Banking Sector Performance in Latin America: Market Power versus Efficiency
    Review of Development Economics, 2011, 15, (2), 307-325 View citations (47)
32. EEFS2011
    Economics Bulletin, 2011, 31, (1), A15
33. Exchange Rates and Stock Prices in the MENA Countries: What Role for Oil?
    Review of Development Economics, 2011, 15, (4), 758-774 View citations (9)
34. Financial Frictions, Bank Efficiency and Risk: Evidence from the Eurozone
    Journal of Business Finance & Accounting, 2011, 38, (1-2), 259-287 View citations (24)
35. Financial deepening and bank productivity in Latin America
    The European Journal of Finance, 2011, 17, (9-10), 811-827 View citations (8)
36. Fiscal Policies and Monetary Leadership in a Monetary Union with a Deficit-Concerned Central Bank
    Central European Journal of Economic Modelling and Econometrics, 2011, 3, (1), 1-24
37. Forecasting exchange rate volatility using high-frequency data: Is the euro different?
    International Journal of Forecasting, 2011, 27, (4), 1089-1107 View citations (41)
38. The random-walk behavior of the Euro exchange rate
    Finance Research Letters, 2011, 8, (3), 158-162 View citations (9)

2010

39. Money and Information in a New Neoclassical Synthesis Framework
    Economic Journal, 2010, 120, (542), F101-F128 View citations (13)
    See also Working Paper Money and Information in a New Neoclassical Synthesis Framework, Discussion Papers (2010) View citations (13) (2010)
40. Stock Returns and Exchange Rate Volatility Spillovers in the MENA Region
    Journal of Emerging Market Finance, 2010, 9, (3), 257-284 View citations (8)

2009

41. Efficiency and productivity of Greek banks in the EMU era
    Applied Financial Economics, 2009, 19, (16), 1317-1328 View citations (10)
42. Getting PPP right: Identifying mean-reverting real exchange rates in panels
    Journal of Banking & Finance, 2009, 33, (2), 390-404 View citations (137)
    See also Working Paper Getting PPP Right: Identifying Mean-Reverting Real Exchange Rates in Panels, Working Papers (2008) View citations (2) (2008)

2008

43. Atheoretical and Theory-Based Approaches to the Natural Equilibrium Real Interest Rate
    Eastern Economic Journal, 2008, 34, (3), 390-405 View citations (3)
44. Current Account Imbalances and Real Exchange Rates in the Euro Area*
    Review of International Economics, 2008, 16, (4), 747-764 View citations (114)
    See also Working Paper Current Account Imbalances and Real Exchange Rates in the Euro Area, Cardiff Economics Working Papers (2006) View citations (6) (2006)
45. MONETARY POLICY RULES IN THE RUN‐UP TO THE EMU
    Metroeconomica, 2008, 59, (4), 687-712 View citations (1)
46. Nonlinear Alternatives to Unit Root Tests and Public Finances Sustainability: Some Evidence from Latin American and Caribbean Countries*
    Oxford Bulletin of Economics and Statistics, 2008, 70, (5), 645-663 View citations (28)
47. Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model
    Eastern Economic Journal, 2008, 34, (1), 129-130
48. What do we Learn from Taylor Rule Estimations? A Meta-Analysis
    Ekonomia, 2008, 11, (2), 112-138 View citations (3)

2007

49. Natural equilibrium real interest rate estimates and monetary policy design
    Journal of Post Keynesian Economics, 2007, 29, (4), 621-643 View citations (11)
50. The Walsh contract for central bankers proves optimal after all!
    Public Choice, 2007, 131, (1), 243-247 View citations (6)

2006

51. FINANCIAL DEVELOPMENT AND PRODUCTIVE EFFICIENCY IN OECD COUNTRIES: AN EXPLORATORY ANALYSIS*
    Manchester School, 2006, 74, (4), 417-440 View citations (23)
52. Monetary policy in the euro area
    Journal of Post Keynesian Economics, 2006, 28, (3), 371-394 View citations (8)
53. SPECIAL ISSUE ON EFFICIENCY ANALYSIS IN FINANCE AND MACROECONOMICS: EDITORS’ INTRODUCTION
    Manchester School, 2006, 74, (4), 415-416
54. Technical Efficiency and Financial Deepening in the non-OECD Economies
    International Review of Applied Economics, 2006, 20, (3), 353-373 View citations (4)

2004

55. An Investigation of Current Account Solvency in Latin America Using Non Linear Nonstationarity Tests
    Studies in Nonlinear Dynamics & Econometrics, 2004, 8, (1), 19 View citations (38)
56. Optimal Central Banker Contracts and Common Agency
    Public Choice, 2004, 121, (1), 131-155 View citations (12)
    See also Working Paper Optimal Central Banker Contracts and Common Agency, Working papers (2002) View citations (2) (2002)
57. The Real Exchange Rate in Small, Open, Developed Economies: Evidence from Cointegration Analysis
    The Economic Record, 2004, 80, (248), 76-88 View citations (10)
    See also Working Paper The Real Exchange Rate in Small Open Developed Economies: Evidence from Cointegration Analysis, Working papers (2003) View citations (1) (2003)
58. The Yen Real Exchange Rate may be Stationary after all: Evidence from Non‐linear Unit‐root Tests
    Oxford Bulletin of Economics and Statistics, 2004, 66, (1), 113-131 View citations (46)
    See also Working Paper The yen real exchange rate may be stationary after all: evidence from non-linear unit root tests, Bank of England working papers (2006) View citations (10) (2006)
59. Trade flows: a facet of regionalism or globalisation?
    Cambridge Journal of Economics, 2004, 28, (2), 253-271 View citations (26)

2003

60. Central Banker Contracts, Incomplete Information, and Monetary Policy Surprises: In Search of a Selfish Central Banker?
    Public Choice, 2003, 116, (3-4), 271-95 View citations (10)
    See also Working Paper Central Banker Contracts, Incomplete Information, and Monetary Policy Surprises: In Search of a Selfish Central Banker?, Working papers (2002) (2002)
61. Current Accounts, Net Foreign Assets and the Implications of Cyclical Factors
    Eastern Economic Journal, 2003, 29, (2), 269-286 View citations (15)
    See also Working Paper Current accounts, net foreign assets and the implications of cyclical factors, Bank of England working papers (2003) View citations (16) (2003)
62. Does monetary policy transparency reduce disinflation costs?
    Manchester School, 2003, 71, (5), 521-540 View citations (36)
63. Editorial Introduction
    Manchester School, 2003, 71, (5), 473-477
64. Monetary Policy Delegation, Contract Costs and Contract Targets
    Bulletin of Economic Research, 2003, 55, (1), 101-112 View citations (18)
    See also Working Paper Monetary Policy Delegation, Contract Costs, and Contract Targets, Working papers (2000) View citations (3) (2000)
65. Trade Openness and Aggregate Productive Efficiency
    European Research Studies Journal, 2003, VI, (1-2), 193- View citations (1)

2002

66. Does it pay to be transparent? international evidence form central bank forecasts
    Review, 2002, 84, (Jul), 99-118 View citations (49)
    See also Working Paper Does it pay to be transparent? International evidence from central bank forecasts, Bank of England working papers (2001) View citations (105) (2001)
67. International Evidence on Convergence and Openness
    European Research Studies Journal, 2002, V, (3-4), 91-
68. Monetary Policy Transparency, Inflation and the Sacrifice Ratio
    International Journal of Finance & Economics, 2002, 7, (2), 141-55 View citations (40)
69. Nonlinear mean reversion in real exchange rates
    Economics Letters, 2002, 77, (3), 411-417 View citations (56)

2000

70. Capital outflow liberalization and stock market reaction in an emerging market: Experience from Greece
    Journal of Economics and Finance, 2000, 24, (1), 77-89 View citations (1)
71. Stock Market Volatility in an Emerging Market: Further Evidence from the Athens Stock Exchange
    Journal of Business Finance & Accounting, 2000, 27, (7‐8), 983-1002 View citations (7)

1998

72. The long-run real exchange rate in small developed economies
    International Advances in Economic Research, 1998, 4, (2), 203-203

Chapters

2005

1. Monetary policy divergences in the euro area: the early record of the European Central Bank
   Chapter 4 in The New Monetary Policy, 2005