George Karras

George Karras is a Professor in the Department of Economics at the University of Illinois Chicago (UIC), maintaining active research and teaching roles with office contact at 601 S Morgan St. His academic career spans over three decades with significant contributions to macroeconomic policy analysis.

His educational background features:

• PhD in Economics from Ohio State University (1990)

Professor Karras specializes in Macroeconomics, Monetary Economics, and Fiscal Policy, with extensive empirical work on business cycles, economic growth, and international finance. His research consistently employs historical cross-country datasets to examine policy asymmetries and long-term economic relationships, particularly focusing on OECD nations and European economies.

Analysis of his recent publications (2015-2025) reveals three dominant trends: persistent investigation of fiscal-monetary policy interactions, innovative use of century-long economic data (e.g., UK inflation 1688-2009), and methodological emphasis on asymmetric effects testing across diverse economic phenomena from twin deficits to consumption patterns.

Scientific recognition includes:

• Alumni Award for Excellence in Teaching, CBA (1999)
• Teaching Recognition Program Award, Council for Excellence Teaching and Learning (2000)
• Favorite Professor Award, MBA Education (2004)
• Who’s Who in Economics listing (Edward Elgar Publishing, 2003)

Professor Karras serves as Associate Editor for the International Economic Journal (specializing in Monetary Economics, Macroeconomics, and International Finance) and sits on the Advisory Board of Applied Econometrics and International Development Research. His current research projects focus on Macroeconomic Effects of Fiscal and Monetary Policy, Economic Growth and Business Cycles, and Open Economy Macroeconomics, demonstrating sustained scholarly productivity.