Publications and Research
Full CV

Ph.D. Dissertation
"Equilibrium Adjustment Processes: The Housing Market Case"
Departments of Engineering-Economic Systems and of Economics, Stanford University, 1974.

Articles in Refereed Journals

61. "Social Interactions," with Steven N. Durlauf, Annual Review of Economics,  September,  2, 451--478, 2010. pdf
60. Review of Scott E. Page "The Difference: How The Power of Diversity Creates Better Groups, Firms, Schools, and Societies."
 Princeton, NJ: Princeton University Press, 2007;  Journal of Economic Literature (article section), 48, 1,   107--121, 2010.pdf
59. "Neighborhood Effects: Accomplishments and Looking Beyond them," with Giorgio Topa, Journal of Regional Science, 50th Anniversary Issue, 50, 1,  2010, 343--362.pdf pdf
58. "The Effect of Information and Communication Technologies on Urban Structure," with Henry G. Overman,
        Esteban Rossi-Hansberg, and Kurt Schmidheiny, Economic Policy, 54, April, 201--242, 2008.pdf
57.  "Interactions, Neighborhood Selection and Housing Demand," with Jeffrey E. Zabel, Journal of Urban
        Economics, 63, 229-252, 2008. pdf
56.  "Social Networking and Individual Outcomes beyond the Mean Field Case," with Adriaan R. Soetevent, Journal
       of Economic Behavior and Organization, (special issue in Honor of Alan Kirman), 64, 3--4, 369--390, 2007.
55. "Unemployment and Liquidity Constraints,'' with Vassilis A. Hajivassiliou, Journal of Applied Econometrics,
       22, 3, April/May, 479-510, 2007 . pdf
54. "Wages and Employment in a  Random Social Network with Arbitrary Degree Distribution," with
        Adriaan Soetevent, American Economic Review, Papers and Proceedings, 96, 2, May, 270--274, 2006, pdf
53."Topologies of Social Interactions,'' Economic Theory, 28, 559--584, 2006;   pdf
52."The Role of Output Composition in the Stabilization of US Output Growth,'' with Andrew Eggers,
       Journal of Macroeconomics, 28, 585--595, 2006.pdf
51."Job Information Networks, Neighborhood Effects, and Inequality,'' with Linda D. Loury,
      Journal of Economic Literature, XLII, December, 1056--1093, 2004; pdf
50.``Neighbors' Income Distribution: Economic Segregation and Mixing in US Urban Neighborhoods,''
        with Anna M. Hardman, Journal of Housing Economics, 13, 4, 368--382, 2004;   pdf
49. "Neighborhood Income Distributions,'' Journal of Urban Economics, 56, 435--457, 2004;   pdf
48.``Spatial Evolution of the U.S. Urban System,'' with Henry G. Overman, Journal of
        Economic Geography, 4, 2, 1--26, 2004; pdf
47.``Empirical Nonlinearities and Neighborhood Effects in the Intergenerational Transmission
        of Human Capital,'' Applied Economics Letters, 10, 535--539, 2003.
46. ``Interactive Property Valuations,'' Journal of Urban Economics, 53, 2003, 145--170;   pdf
45. ``Neighborhood Wealth Distributions,'' with Tracey N. Seslen, Economics Letters,76, 3, 2002, 357--367;   pdf
44. ``Neighborhood Effects and Housing Demand,'' with Jeffrey E. Zabel,
         Journal of Applied Econometrics, 18, 563--584, 2003; pdf
43. ``Zipf's Law for Cities: An Empirical Examination,'' with Henry G. Overman,
         Regional Science and Urban Economics, 33, 1, March, 127--137, 2003;  pdf
42. ``Residential Neighborhood Effects," Regional Science and Urban Economics,
         32, 2, 2002, 145--165. pdf
41. ``Spatial Interactions among U.S. Cities,'' with Linda H. Dobkins, Regional Science
         and Urban Economics, 31, 6, 2001, 701-731.pdf
40. ``Propaedeutics of Strategic Theories of Economic Integration,'' with Hans H. Haller,
         Economics Letters, 70, 215--221, 2001. Pdf
39.``Cross-Sectional Evolution of the U.S. City Size Distribution,'' with Henry G. Overman,
        Journal of Urban Economics, 49, 2001, 543--566. pdf
38. " `Why Are There Rich and Poor Countries? Symmetry Breaking in the World Economy:'
        A Note," Journal of the Japanese and International Economies, 13, 140--149, 1999. Pdf
37. ``Residential Mobility and the Housing Market in a Two-Sector Neoclassical Growth Model,"
         with A. M. Hardman, Scandinavian Journal of Economics, 101, 2, 161--181, 1999. pdf
36. ``House Price Dynamics: An International Empirical Perspective," with Peter Englund,
         Journal of Housing Economics, June, 1997.
35. ``Introduction,'' Special Issue, Urban--Regional Structure and Economic Growth,
         Regional Science and Urban Economics, No.6, 26, 1996, 561--563.
34. ``Structural Estimation of Residential Mobility and Housing Tenure Choice,''
         with Kamhon Kan, Journal of Regional Science, 36, 3, 1996, 335-363
33. ``Duality and Liquidity Constraints under Uncertainty" with V. A. Hajivassiliou,
        Journal of Economic Dynamics and Control, 20, 1996,  1177-1192.
32. ``Moving Behavior and the Housing Market,'' with A. M. Hardman,
        Regional Science and Urban Economics 25, 1, 1995, 21-39.
31. ``Product Differentiation and Economic Growth in a System of Cities,"
        Regional Science and Urban Economics, 24, 1994, 461-484.
30. ``Estimating the Consumption and Investment Demands for Housing and their Effect
         on Housing Tenure Status," with S. S. Rosenthal, Review of  Economics and Statistics, February, 127-141, 1994.
29. ``Dynamics of the Composition of Household Asset Portfolios and the Life Cycle,"
Applied Financial Economics, 2, 145-159, 1992.
28. ``On Dynamics with Time-to-Build Investment Technology and Non Time-Separable Leisure," with B. Taub, Journal of Economic Dynamics  and Control, 16, 1992, 225-241.
27. ``Trading Uncertainty and Market Form," International Economic Review, 31, 3, August, 1990, 619-638.
26. ``Housing, Other Real Estate, and Wealth Portfolios: An Empirical Investigation Based on The 1983 Survey of Consumer Finances," Regional  Science and Urban Economics, 19, 1989, 259-280.
25. ``Female Participation and Male Unemployment Duration in Greece: Evidence from the Labour Force Survey," with C. Meghir and C. A. Pissarides, European Economic Review, 33, 1989, 395-406.
24. ``Dynamic Aspects of Consumer Decisions in Housing Markets," with J.V. Henderson, Journal of Urban Economics 26, 1989, 212-230.
23. ``Life Cycle Consumption, Labor Supply, and Housing," Proceedings of the International Seminar of  Life-Cycle Theory, Annales d' Economie et de Statistique, 9, 1988, 93-110.
22. ``On The Architecture of Complex Organizations," Economics Letters, 25, 1987, 201-206.
21. ``Housing Tenure Choice and Residential Mobility," Regional Science and Urban Economics, 17, 1987, 265-287. Reprinted in: M. M. Fischer and K. J. Button, eds., Regional Housing and Labour Markets, Edward Elgar, Cheltenham, Glos.
20. ``On the Distribution of Wealth and Intergenerational Transfers," with R. Sato, Journal of Labor Economics, 5, 3, 1987, 366-385.
19. ``Owner-Occupancy: Consumption vs. Investment Demand," with J. V. Henderson, Journal of Urban Economics, 21, 1987, 228-241.
18. ``Heritability of Ability, Intergenerational Transfers and The Distribution of Wealth," International Economic Review, 27, 3, October 1986,  611-623.
17. ``Tenure Choice and the Demand for Housing," with J.V.Henderson, Economica, 53, 1, May 1986, 231-246.
16. ``Monopsony and the Lifetime Relation between Wages and Productivity," with C.A. Pissarides, Journal of Labor Economics, January 1985,  91-100.
15. ``Renting vs. Ownership in Housing Markets," Greek Economic Review, No. 3, December 1983, 201-222.
14. ``Wages and Employment with Firm-Specific Seniority," with C.A. Pissarides, The Bell Journal of Economics,14, No.2, Autumn 1983, 573-580.
13. ``Inventories, Rational Expectations and Economic Activity," with K. Chan, Economics Letters, 1983 (12), 235-241.
12. ``Location Decisions under Uncertainty and the Urban Model," Economics Letters, 1983 (11), 291-295.
11. ``Endogenous Trading Uncertainty and Macroeconomic Equilibrium," Economic Journal, Supplement, 1983, March, 98-105.
10. ``A Model of Housing Tenure Choice," with J.V. Henderson, American Economic Review, 73, No. 1, March 1983, 98-113.
9.   ``Layoff Unemployment, Risk Shifting and Productivity," with K.S.Chan, Quarterly Journal of Economics, May 1982, 97, (22), 2l3-229.
8.  ``Aspects of Growth in a System of Cities," with J.V. Henderson, Journal of Urban Economics, 10, 1981, 117-139.
7.  ``Job Search, Unemployment and Savings," Journal of Monetary Economics, Vol. 7, No. 3, May 1981, 355-370.
6.  ``Sources of Growth and the Contribution of Education, Sex, and Age Structure to the Growth Rate of the Greek Economy: 1961-1971," with Michael C. Caramanis, Greek Economic Review, V. 2, No. 2, August 1980, 143-162.
5. ``Foreign Investment, Technology Transfer, and Structural Change in Greece: 1958-1970," Keio Economic Studies, 1980 (17), No. 2, 71-83.
3. ``On Temporary Layoffs and Job Search Theory," Economics Letters, 1979 (2), 281-285.
4. ``Temporal Risks and the Tenure Decision in Housing Markets," Economics Letters, 1979(4), 293-297.
2. ``Capital-Labor Substitution in a Developing Country: The Case of Greece--A Note," with Michael C. Caramanis, European Economic Review, 1979 (12), 101-110.
1. ``Market Allocation through Search: Equilibrium Adjustment and Price Dispersion,"  Journal of Economic Theory, November, 1975 (11), No.  2, 247-262.

Refereed Chapters in Books and Conference Proceedings

1. ``Taxation and the Distribution of Income and Wealth," with R. Sato, in D. Biehl, K. Roskamp and W. Stolper, eds., Public Finance and Economic Growth, Proceedings, 37th Congress of the International Institute of Public Finance, Tokyo, September 1981, Wayne State University Press 1983, 367-386.
2. ``Inventories, Rational Expectations and Sticky Prices," with K. Chan, New Results in Inventory Research Proceedings of The SecondInternational Symposium on Inventories, Budapest, August l982, Amsterdam: Elsevier Science and Budapest: Akademiai Kiado, 1984, 47-56.
3. ``Public Decision-Making under Uncertainty: Quantities vs. Prices," Scientific Annals, The Athens University of Economics and Business, Athens, 1984 , 51-85.
4. ``Random Matching, The Intermediation Externality, and Optimal Risk Sharing," in Scientific Annals: Essays in Honor of G. Christodoulopoulos Th. Georgacopoulos, editor, Athens School of Economics and Business, Athens, Greece, 1986, 54-71.
5. ``Comment on `The Dynamics of Housing Demand by the Elderly. I. Wealth, Cash Flow, and Demographic Effects'", by Jonathan Feinstein and Daniel McFadden, in David A. Wise, ed., The Economics of Aging, The University of Chicago Press, 1988.
6. ``Diffusion of Technological Change and Economic Growth," Chapter 8, 101-111, in A. E. Andersson, D. F. Batten and C. Karlsson, eds., Knowledge and Industrial Organization, Springer-Verlag, Berlin--Heidelberg, 1989.
7. ``The Dynamics of Housing Prices: An International Perspective,'' with Peter Englund, in Economics in a Changing World Dieter Bos, editor, Volume 3, Chapter 10, 175-197, Proceedings, International Economic Association Tenth World Congress Moscow, August 1992, MacMillan, 1993. pdf
8. ``The Evolution of Trading Structures,'' in W. Brian Arthur, Steven M. Durlauf and David Lane, eds., The Economy as an Evolving, Complex System II, SFI Studies in the Sciences of Complexity, Addison-Wesley, Reading, MA, 1997.    pdf
9. ``Dynamic Evolution of the U.S. City Size Distribution,'' with Linda H. Dobkins,, 217--260, in J. Huriot and J. Thisse, eds.,The Economics of Cities, Cambridge University Press, 2000. pdf
10.``Regional Disparities in Greece: The Performance of Crete, Peloponnese and Thessaly,'' with George Petrakos, Regional Development in Europe: An Assessment of Policy Strategies, EIB Papers/Cahiers, Vol. 5, No. 1, 30--58. European Investment Bank, Luxembourg, 2000. pdf
11. ``Empirical Aspects of Two-Directional Intergenerational Transfers of Money and Time,'' with Kamhon Kan, 314--331, in L.-A. Gerard-Varet, S.-C. Kolm, and Jean Mercier-Ythier, ed., Economics of Reciprocity, Gift-Giving and Altruism,, MacMillan, 2000. pdf
12. ``Nonlinear Neighborhood Interactions and Intergenerational Transmission of Human Capital, " 75--112, in Bitros, George, and Yannis Katsoulakos, eds., Essays in Economic Theory, Growth and Labour Markets: A Festschrift in Honour of Emmanuel Drandakis, Edward Elgar, Cheltenham, UK, 2002. pdf
13. ``Review'' of Colander, David, editor, The Complexity Vision and the Teaching of Economics, Edward Elgar, Cheltenham, UK, 2000; Journal of Economic Literature, XXXIX, December 2001, 1224--1226.
14. ``The Revolution in Information and Communication Technologies: Observations from the US Economy,'' 189--200, in Katsoulacos, Yannis, ed., New Economy, the Internet and E-Commerce, Kerkyra Press, Athens, Greece, 2001 (in Greek).
15. ``Book Review'' of Cheshire, Paul, and Edwin S. Mills, editors, Handbook of Regional and Urban Economics, Volume 3, Applied Urban Economics, North-Holland, Amsterdam, 1999; Regional Science and Urban Economics, 33, 1, 2003, 121--125.
16. ``Evolution of City Size Distributions,'' with Xavier Gabaix, Chapter 53, 2341--2378, in J. Vernon Henderson and Jacques-Francois Thisse, eds., Handbook of Regional and Urban Economics IV: Cities and Geography, North-Holland, 2004.  pdf
17. "Book Review'' of Pagoulatos, George,   Greece's New Political Economy: State, Finance and Growth from Postwar to EMU,
Palgrave MacMillan, Houndsmill, Basinstoke,    Journal of Southeast  European and Black Sea Studies, 4, 1, 2004, 204--206.
18. "Book Review,'' of Baldwin, Richard,  Economic Geography and Public Policy,  Princeton University Press, Princeton, NJ, 2003;  Journal of Regional Science, 44, 3, 2004, 590--594.
19. "Economic Geography and the Spatial Evolution of Wages in the United States,'' 335--357, in Anselin, Luc, Raymond Florax, and Sergio J. Rey, eds., Advances in Spatial Econometrics, Springer Verlag, 2004;   pdf
20. "Urban Growth," with Esteban Rossi-Hansberg, The New Palgrave Dictionary of Economics, second edition, 2008, Laurence E. Blume and Steven N. Durlauf, eds., PalgraveMacMillan, pdf
21. "Social Networks in Labor Markets," with Antoni Calvo-Armengol, The New Palgrave Dictionary of Economics, second edition, 2008, Laurence E. Blume and Steven N. Durlauf, eds.PalgraveMacMillan, pdf
22. "Empirics of Social Interactions," The New Palgrave Dictionary of Economics, second edition, 2008, Laurence E. Blume and Steven N. Durlauf, eds. PalgraveMacMillan, pdf
23. "Emergence," The New Palgrave Dictionary of Economics, second edition, 2008,Laurence E. Blume and Steven
N. Durlauf, eds. PalgraveMacMillan, pdf
24. "Neighborhood Effects and Housing," Ch. 25, 1283--1342. In   Handbook of Social Economics,  Jess Benhabib, Alberto Bisin, and
Matthew O. Jackson, eds., Elsevier, forthcoming, 2010.pdf
25. Identification of Social Interactions," with Laurence E. Blume, William A. Brock, and Steven N. Durlauf, Ch. 18, 853--964. In Handbook of Social Economics,  Jess Benhabib, Alberto Bisin, and Matthew O. Jackson, eds., Elsevier, forthcoming, 2010. pdf


1. Economics of Electrical Power Systems, with V. Nicoletopoulos, Athens, 1968 (in Greek), 350 pages.
2. Mathematical Economic Analysis: An Intermediate Text, Athens University of Economics and Business, Athens, 1985 (in Greek), 203 pages.
3. Public Investment Financing and Social Risk Allocation, Center for Planning and Economic Research, Athens, Greece, 1986, 143 pages.

1. "Social Priorities and Education," (in Greek), Kathimerini, September 17, 2006 pdf
2. "Economic Consequences of World War II for Greece," a talk at the Maliotis Cultural Center, October 28, 2004 pdf
3. "Development is the Only Solution: 17 Proposals for a New Development Strategy," in Greek,  Kathimerini, with Costas Azariadis and
     Christopher Pissarides, September 12, 2010.