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Michael Haliassos

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KnownforResearch on household finance, portfolio choice, and stock market participation
EducationUniversity of Cambridge (BA, MA)
Yale University (MA, MPhil, PhD)
DisciplineMacroeconomics, household finance
Michael Haliassos
Known forResearch on household finance, portfolio choice, and stock market participation
Academic background
EducationUniversity of Cambridge (BA, MA)
Yale University (MA, MPhil, PhD)
Academic work
DisciplineMacroeconomics, household finance
InstitutionsGoethe University Frankfurt
Website

Michael Haliassos is a Greek–German economist specializing in macroeconomics and household finance. He is Research Professor and Executive Board Member at the Institute for Monetary and Financial Stability (IMFS) at Goethe University Frankfurt. He is also the founding director of the Centre for Economic Policy Research (CEPR) Network on Household Finance. His research examines household financial decision-making, wealth accumulation, portfolio choice, and financial literacy.

Haliassos studied economics at the University of Cambridge, where he received a Bachelor of Arts (BA) in 1981 and later a Master of Arts (MA) in 1986. He subsequently pursued graduate studies at Yale University, earning a Master of Arts (MA) in 1982, a Master of Philosophy (M.Phil.) in 1984, and a PhD in economics in 1987.[1]

Career

Haliassos began his academic career as an Assistant Professor at the University of Maryland, College Park (1987–1993). In 1993, he joined the University of Cyprus as a professor, where he contributed to the development of its economics department and later served as Deputy Dean of the School of Economics and Business.

In December 2004, he was appointed to the Chair of Macroeconomics and Finance at Goethe University Frankfurt, a position he held until March 2026.[2] During his tenure, he served as Director of the Center for Financial Studies from 2010 to 2015 and as founding director of the Research Center SAFE from 2013 to 2015. Following his retirement, he became Research Professor and Executive Board Member at the Institute for Monetary and Financial Stability (IMFS) at Goethe University Frankfurt.[1]

Haliassos is the founding director of the Centre for Economic Policy Research (CEPR) Network on Household Finance, a role he continues to hold.[3] In May 2025, he was named a Founding Fellow of the Royal Economic Society.[4]

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