Academic staff
Souzana-Maria Palaiologlou
Professor

Studies

DPhil in Economics, University of York, UK.

M.Sc in Economics and Social Policy Analysis, University of York, UK.

B.Sc in Economic and Regional Development, Panteion University, Athens, Greece.

 

Experience - Academic Positions

2015-2019
Associate Professor at the Department of Economics, Aristotle University of Thessaloniki, Thessaloniki, Greece.

2011-2015
Assistant Professor at the Department of Economics, Aristotle University of Thessaloniki, Thessaloniki, Greece.

2008-2011
Assistant Professor at the Department of Economics, University of Ioannina, Ioannina, Greece.

2003-2008
Lecturer at the Department of Economics, University of Ioannina, Ioannina, Greece.
Member of the Council of Economic Advisors and the Unit of Economic Research and Analysis, Hellenic Ministry of Economics and Finance, Athens, Greece, 2001-2003.
Member of the Economic and Financial Committee of the European Commission, Brussels, Belgium, 2001-2003.
Member of the Working Party 1, STEP and Economic Policy Committee of the OECD, Paris, France, 2001-2003.
Member of the Editorial Board, Defence and Peace Economics, 2013 – present:
Director of the Development and Programming unit, Department of Economics, Aristotle University of Thessaloniki, Thessaloniki, Greece, 2014-2015.

 

Research Interests

Public Economics: Fiscal Policy
Defence and Peace Economics
Applied Econometrics

 

Publications - Conferences

1. 2020. “A regression-based improvement to the multiple criteria ABC inventory classification analysis”, with G. Karagiannis. Annals of Operations Research, forthcoming.
2. 2020. “The elasticity of intertemporal substitution: A tool to constrain profligate government spending”. Theoretical Ecocnomics Letters, 10 (3), pp. 607-619.
3. 2020. Defence spending and unemployment in the USA: Dissagregated analysis by gender and age groups, with C. Kollias and P. Tzeremes, Peacse Economics, Peace Science and Public Policy, 26(2), pp. 1-13.
4. 2019. “In search for thresholds in the household income inequality – growth relationship”. Economics of Transition and Institutional Change, 27(4), pp. 989-1008.
5. 2019. “Military spending, economic growth and investment: a disaggregated analysis by income group”, with C. Kollias, Empirical Economics, 56, pp. 935-958.
6. 2018. “Income and democracy: dynamic misspecification due to the presence of serial correlation”, Applied Economic Letters, 25(10), pp. 698-701.
7. 2018. “The demand for military spending in Latin American countries”, with C. Kollias, P. Tzeremes and N. Tzeremes. Latin America Economic Review, vol. 27 (11), pp. 1-17.
8. 2017. “The globalization and peace nexus: Findings using two composite indices”, with C. Kollias, Social Indicators Research, 131(3), pp. 871-885.
9. 2017. “Defence expenditure and economic growth in Latin American countries: evidence from linear and nonlinear causality tests”, with C. Kollias, P. Tzeremes and N. Tzeremes, Latin America Economic Review, vol. 26 (2), pp. 1-25.
10. 2016. “The long-run tendency of government expenditure: a semi-parametric modelling approach”, Empirical Economics, vol. 50(3), pp.753-776.
11. 2016. ”Investment, growth and defence expenditure in the EU15: Revisiting the nexus using SIPRI’s new consistent dataset”, with C. Kollias, Economics of Peace and Security Journal, Vol. 11(2), pp. 28-37.
12. 2016. “Military expenditure in Greece: Security challenges and economic constraints”, with C. Kollias, Economics of Peace and Security Journal, Vol. 11(1), pp. 28-34.
13. 2016. “Globalization and democracy: A disaggregated analysis by income group”, with C. Kollias, Global Economy Journal, Vol.16 (2), pp. 213-228.
14. 2015. “Income and democracy: the modernization hypothesis re-visited via alternative non-linear models”, Empirical Economics, Vol. 48, 909-921.
15. 2015. “Modeling the demand for national security expenditure: A note”, Defence and Peace Economics, Vol. 26(4), 457-464.
16. 2015. “Defence and Non-Defence Spending in the US: Stimuli to Economic Growth? Comparative Findings from a Semi-parametric Approach”, with C. Kollias, Bulleting of Economic Research, Vol. 6(4), 359-370.
17. 2013. “Asymmetries in the Revenue-Expenditure Nexus: A Tale of Three Countries”, Economic Modelling, Vol. 30, 52-60.
18. 2013. “Guns, Highways and Economic Growth in the United States”, with C. Kollias, Economic Modelling, Vol.30, 449-455.
19. 2013. “A Dynamic Panel Data Model for Analyzing the Relationship between Military Expenditure and Government Debt in the EU”, Defence and Peace Economics, Vol. 24(5), 419-428.
20. 2013. “Crime and Effectiveness of Public Order Spending in Greece: Policy implications of some persistent findings”, with C. Kollias and N. Mylonidis, Journal of Policy Modeling, Vol. 35(1), 121-133.
21. 2012. “Labour Market Conditions and Crime in Greece”, with C. Kollias, International Journal of Social Economics, Vol. 39(12), 983-999.
22. 2012. “Twin Deficits Hypothesis: Revisiting an EMU Country”, with S. Kalou, Journal of Policy Modeling, Vol. 34, 230-241.
23. 2012. “The Nexus Between Exchange Rates and Stock Markets: Evidence From The Euro-Dollar Rate and Composite European Stock Indices Using Rolling Analysis”, with C. Kollias and N. Mylonidis, Journal of Economics and Finance, Vol.36, 136-147.
24. 2011. “Budgetary Trade-Offs between Defence, Education and Social Spending in Greece”, with C. Kollias, Applied Economics Letters, Vol.18, 1071-1075.
25. 2011. “A Re-assessment of the Real Uncovered Interest Parity: The Case of Canada and the USA”, with N. Mylonidis Journal of Policy Modeling, Vol.33 (2), 255-267.
26. 2011. “Modeling the Demand for Internal Security Expenditure in Greece”, with C. Kollias, International Journal of Economic Issues, Vol. 4(2), 257-266.
27. 2010. “Growth, Investment and Military Expenditure in the European Union-15”, with C. Kollias, Journal of Economic Studies, Vol. 37(2), 228-240.
28. 2009. “Terrorism and the Effectiveness of Security Spending in Greece: Policy Implications of Some Empirical Findings”, with C. Kollias, P. Messis and N. Mylonidis Journal of Policy Modeling, Vol.31, 788-802.
29. 2008. The Feldstein-Horioka Puzzle Data Across EU members: Evidence from the ARDL bounds Approach and Panel Data, with C. Kollias and N. Mylonidis International Review of Economics and Finance, Vol.17, 380-387.
30. 2007. “Political Business Cycle and Monetary Determinants of Government Spending and Tax Revenue in UK”. Empirical Economics Letters, Vol. 6(5), 389-394.
31. 2007. “A Panel Data Analysis of the Nexus Between Defence Spending and Growth in the European Union: A Reply”, with C. Kollias and N. Mylonidis, Defence and Peace Economics, Vol. 18(6), 581-583.
32. 2007. “A Panel Data Analysis of the Nexus Between Defence Spending and Growth in the European Union”, with C. Kollias and N. Mylonidis, Defence and Peace Economics, Vol. 18(1), 75-85.
33. 2007. ‘Political Monetary Cycles: Evidence from the UK”. Journal of World Economic Review, Vol. 2(2), 173-190.
34. 2006. “Fiscal Policy in the European Union Tax and Spend, Spend and Tax, Fiscal Synchronisation or institutional Separation?” with C. Kollias, Journal of Economic Studies, Vol. 33(2), 108-120.
35. 2005. “Political Manoeuvring as Sources of Measurement Errors in Forecasts”. Journal of Forecasting, Vol. 24, 311-324.
36. 2005. “A Note on the Impact of EU Accession on Capital Mobility in the Case of Greece”, with C. Kollias and N. Mylonidis, Ekonomia, Vol. 8(2), 185-193.
37. 2004. “Defence Expenditure and Economic Growth in the European Union: A Causal Analysis”, with C. Kollias and G. Manolas, Journal of Policy Modeling Vol. 26, 553-569.
38. 2004. “Military Expenditure and Government Debt in Greece: Some Preliminary Findings”, with C. Kollias and G. Manolas, Defence and Peace Economics, Vol. 15(2), 189-197.
39. 2003. “Defence Spending and Growth in the European Union: Comparative Results from Different Causality Tests”, with C. Kollias and G. Manolas, European Review of Economics and Finance, Vol. 2(3), 19-32.
40. 2003. “Domestic Political and External Security Determinants of the Demand for Greek Military Expenditure”, with C. Kollias, Defence and Peace Economics, Vol. 14(6), 437-445.
41. 2002. “Is There A Greek-Turkish Arms Race? Some further empirical results from causality tests”, with C. Kollias, Defence and Peace Economics, Vol. 13(4), 321-328.
42. 2001. “Local Authorities and Increased Central Government Intervention”, with R. Gkekas, Local Governance, Vol. 27(2), 89-102.

BOOK CHAPTERS
43. 2018. “Exploring the Covariance Term in the Olley-Pakes Productivity Decomposition”. with G. Karagiannis in Greene, W.H. et al. (eds), Productivity and Inequality, Sringer Proceedings in Businees and Economics.
44. 2011. “Macroeconomic Effects of Conflict: Three Case Studies, with Ch. Kollias, in Braddon, D. and Hartley, K., (eds.) Handbook on the Economics of Conflict, Edward Elgar Publishers, UK.
45. 2007. “Military Tension and Defence Spending Dynamics between Greece and Turkey” with Ch. Kollias, in Elsner, W., (ed) Arms, War and Terrorism in the Global Economy Today: Economic Analysis and Civilian Alternatives, LIT VERLAG Hamburg, Germany.
46. 2003. “The Development of the Greek Economy. A Political Economy Perspective”, with Th. Pakos in Ch. Kollias and G. Gunluk-Senesen (eds) Greece and Turkey in the 21st Century: Conflict or Co-operation? The Political Economy Perspective, Nova Scientific Publishers Ltd, New York.
47. 2001. “The Role of the Local Government for Stability and Development in Greece” with R. Gkekas in Restructuring, Stability and Development in South-Εastern Europe, University of Thessaly.

BOOK CHAPTERS IN GREEK

48. 2018. “The demand for military expenditures” with N. Mylonidis, in Kevork, H., and C. Kollias (eds.) “Texts in Defense Economics and Security”, University of Thessaly editions, Volos, Greece.
49. 2005. "Inflation, Fiscal Deficits and Public Debt" in C. Kollias, C. Naxakis and M. Chletsos (eds.) “Modern approaches to the Greek Economy”, Patakis publications, Athens, Greece.
50. 2005. “The Greek Economy: Comparison and evolution of key economic figures", with C. Kollias and G. Manolas, in C. Kollias, C. Naxakis and M. Chletsos (eds.) “Modern approaches to the Greek Economy”, Patakis publications, Athens, Greece.
51. 2004. “Econometric estimation of the relationship between the informal economy and economic-political business circles in Greece" in I. Vavouras and G. Manolas (eds.) “The informal economy in Greece and in the world: approach to key aspects of the problem”, Papazisis publications, Athens, Greece.

CONFERENCES

1. 2018. “Economic and Strategic Drivers of Russian Military Expenditure”, with C. Kollias, P. Tzeremes and N. Tzeremes. 22nd Annual Conference on Economics and Security, June 28-29, METU, Κύπρος.
2. 2017. “The demand for military spending in Latin American Countries”, with C. Kollias, P. Tzeremes and N. Tzeremes. 21st Annual Conference on Economics and Security, 22-23 June, Royal Military Academy, Brussels, Belgium.
3. 2017. “Military Spending, Economic Growth and Investment: Income Group Based Findings”, with C. Kollias. 32nd International Public Finance Conference, 10-14 May, Antalya, Turkey.
4. 2016. “Exploring the Covariance Term in the Olley-Pales Productivity Decomposition”, G. Karagiannis. NAPW Workshop IX, 15-17 June, Quebec, Canada.
5. 2015. “Investment, growth and defence expenditure in the EU15: Revisiting the nexus using SIPRI’s new consistent dataset”, with C. Kollias. Expert Workshop, Stockholm International Peace Research Institute, 28-30 January, Stockholm, Sweden.
6. 2015. “Peace promoting globalization?” with C. Kollias. 4th conferrence in Applied Economics: Economy and Democracy. University of Thessaly Volos, 23-24 November, Greece.
7. 2015. “Peace promoting globalization?” with C. Kollias. 10th Defence and Security Economics Workshop, Carleton University, Otawa, November 6, Canada.
8. 2015. “Peace promoting globalisation?” with C. Kollias. 3rd International Conference on Global Economics and Governance, Taipei, Ming Chuan University 3-5 September, Taiwan.
9. 2015. “Peace promoting globalisation?”, with C. Kollias. 19th Annual International Conference on Economics and Security, Grenoble, University Pierre-Mendès, June 25-27, France.
10. 2014. “Towards a Composite Public Sector Performance Indicator”, with G. Karagiannis. Asia-Pacific Productivity Conference, Brisbane, Australia, July 8-11, Brisbane, Australia.
11. 2014. “Military Spending and Unemployment in the US: Revisiting the Nexus Using Disaggregated Data”, with C. Kollias. 18th Conference on Economics and Security, University of Perugia, Perugia, June 19-21, Italy.
12. 2013. “Directional Distance Functions and Construction of Composite Fiscal Performance Indicators”, 11th International Conference in Data Envelopment Analysis, June 27-30, Samsun, Turkey.
13. 2012. “Military Expenditure and the Cost of Borrowing: Some Preliminary Findings”, with C. Kollias and S. Papadam. 16th Conference on Economics and Security, American Univeristy of Cairo, June 21-22, Cairo-Egypt.
14. 2012. “Directional Distance Functions and Construction of Composite Fiscal Performance Indicators”, with G. Karagiannis. Asia Pacific Productivity Conference, King Mongkut’s Institute of Technology Ladkrabang, July 25-27, Bangkok-Thailand.
15. 2011. “Exploring the Relationship Between Defence/ Non Defence Expenditures and GDP Growth in the Case of the US: A Semi-parametric Approach, with C. Kollias. 15th Conference on Economics and Security, Bristol University and University of West England, June 16-18, Bristol-UK.
16. 2010. “Guns and Highways and Economic Growth in the US”, with C. Kollias. 14th Conference on Economics and Security, IZMIR University of Economics, 17-19 June, Izmir-Turkey.
17. 2008. “The Effectiveness of Security Spending in Greece: Policy Implications of Some Preliminary Empirical Findings”, with C. Kollias, N. Mylonidis and P. Messis. Conference on Defence and Security: Policy Implication of Terrorism, Technical University of Lisbon, 16 June, Lisbon-Portugal.
18. 2008. “The Demand for National Security Expenditure in Greece: Some Preliminary Empirical Findings”, with C. Kollias and N. Mylonidis. 11th Conference on Economics and Security, METU University, 12-14 June, Ankara-Turkey.
19. 2008. “A Re-Assessment of the Real Uncovered Interest Parity: Evidence from Canada and the USA”, with N. Mylonidis. European Economics and Finance Society Conference on Globalised Labour and Capital Markets, National Resources and Shifts in Economic Power, University of Economics, 22-25 May, Prague- Czech Republic.
20. 2006. “The Budgetary Consequences of Defence Spending on Welfare Spending in Greece”, with C. Kollias. International Conference in Economics, Turkish Economic Association, 11-13 September, Ankara-Turkey.
21. 2006. “Investment, Defence Expenditure and Growth in the European Union-15”, with C. Kollias. “International Conference on Business, Management and Economics”, 15-18 June Çesme, Izmir-Turkey.
22. 2005. “Defence Expenditure and Economic Growth”, with C. Kollias. 9th Conference on Economics and Security, Bristol University and University of West England”, June 25-27, Bristol-UK.
23. 2004. “Military Tension and Defence Spending Dynamics Between Greece and Turkey. Empirical Results Using a Military Tension Index”, with C. Kollias. 4th Lisbon Conference on Defence Economics, Instituto de Defesa Nacional, July, 1-2, Lisbon- Portugal.
24. 2004. “A Panel Data Analysis of the Nexus between Defence Spending and Growth in the European Union”, with C. Kollias and N. Mylonidis. 8th Conference on Economics and Security, Bristol University and University of West England”, June 24-26, Bristol- UK.
25. 2003. “Military Expenditure and Growth in the European Union: A Causal Analysis”, with C. Kollias and G. Manolas. 7th Conference on Economics and Security, Bristol University Conference on Defence Economics and Strategic Studies”, June 26-28, Bristol-UK.
26. 2002. “Military Expenditure and Fiscal Imbalances in Greece”, with C. Kollias and G. Manolas. Istanbul TESEV Conference on Defence and the Economy, November 16, Istanbul-Turkey.
27. 2002. “Domestic Political External Security Determinants of the Demand for Greek Military Expenditure”, with C. Kollias.“3rd Lisbon Conference on Defence Economics”, Technical University Lisbon, June 26-28, Portugal.
28. 2001. “The Impact of the Local Political Capital Market on Intergovernmental Grants”, with K. Petakos and R. Gkekas. 51st International Atlantic Economic Conference, 13-20 March, Athens- Greece.
29. 2001. “The Role of the Local Government for Stability and Development in Greece”, with R. Gkekas. Restructuring, Stability and Development in South-eastern Europe, University of Τhessaly, June 1-3, Volos-Greece.
30. 2000. “Governance of Cities as a Privileged Area for Central Government Intervention in the New Europe”, with R. Gkekas. 3rd European Urban and Regional Studies Conference, September 14-17, Voss-Norway.

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General Information
Grade:
Professor
Office:
113
Telephone:
2310991177
E-mail:
Courses Taught

Undergraduate:

Public Economics I

Public Economics II

Theory of Economic Policy


Graduate:

Public Economics

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