George Karras, PhD

“Tax Progressivity and Output: A Reassessment with Evidence from OECD Countries” (with João Tovar Jalles) International Tax and Public Finance, 2025 (forthcoming).

“Private and Public Consumption: Substitutes or Complements?” (with João Tovar Jalles), Oxford Economic Papers, Vol.74, No.3, July 2022, 805-819.

“Are ’Twin Deficits’ Asymmetric? Evidence on Government Budget and Current Account Balances, 1870-2013.” International Economics, Vol.158, August 2019, 12-24.

“Low Inflation versus Stable Inflation: Evidence from the UK, 1688-2009.” Scottish Journal of Political Economy, Vol.62, No.5, November 2015, 505-517.

“Average Tax Rate Cyclicality in OECD Countries: A Test of Three Fiscal Policy Theories.” (with Davide Furceri), Southern Economic Journal, Vol.77, No.4, April 2011, 958-972.

“Land and Population Growth in the Solow Growth Model: Some Empirical Evidence.” Economics Letters, Vol.109, No.2, November 2010, 66-68.

“Why Are Postwar Cycles Smoother? Impulses or Propagation?” (with Jin Man Lee and Houston Stokes) Journal of Economics and Business, Vol.58, No.5-6, October-November 2006, 392-406.

“How Homogenizing Are Monetary Unions? Evidence from the U.S. States.” North American Journal of Economics and Finance, Vol.14, No.3, December 2003, 381-397.

“Openness to Trade and the Potency of Monetary Policy: How Strong is the Relationship?” Open Economies Review, Vol.12, No.1, January 2001, 61-73.

“Components of Economic Freedom and Growth: An Empirical Study.” (with Eliezer Ayal), Journal of Developing Areas, Vol.32, No.3, Spring 1998, 327-338.

“Why Are the Effects of Money-Supply Shocks Asymmetric? Convex Aggregate Supply or ‘Pushing on a String’?” Journal of Macroeconomics, Vol.18, No.4, Fall 1996, 605-619.

“Are the Output Effects of Monetary Policy Asymmetric? Evidence from a Sample of European Countries.” Oxford Bulletin of Economics and Statistics, Vol.58, No.2, May 1996, 267-278.

“The Optimal Government Size: Further International Evidence on the Productivity of Government Services.” Economic Inquiry, Vol.XXXIV, No.2, April 1996, 193-203. “Convergence Revisited.” (with Paul Evans), Journal of Monetary Economics, Vol.37, No.2, April 1996, 249-265.

“Sources of Business Cycles in Europe: 1960-1988. Evidence from France, Germany, and the United Kingdom.” European Economic Review, Vol.38, No.9, December 1994, 1763-1778.

“Sources of Output Fluctuations During the Interwar Period: Further Evidence on the Causes of the Great Depression.” (with Steve Cecchetti), Review of Economics and Statistics, Vol.LXXVI, No.1, February 1994, 80-102.

“Government Spending and Private Consumption: Some International Evidence.” Journal of Money, Credit, and Banking, Vol.26, No.1, February 1994, 9-22.

PhD, Ohio State University, 1990

Professor of Economics, Athens University of Economics and Business

Who’s Who in Economics, Edward Elgar Publishing, 2003

Associate Editor, International Economic Journal (areas: Monetary Economics, Macroeconomics, International Finance)

Member, Advisory Board, Applied Econometrics and International Development

Macroeconomic Effects of Fiscal and Monetary Policy, Economic Growth and Business Cycles, Open Economy Macroeconomics