Michael Haliassos

Michael Haliassos is Professor and Chair for Macroeconomics and Finance at Goethe University Frankfurt since 2004. He serves as Research Fellow at CEPR, Founding Director of the CEPR Network on Household Finance, and International Research Fellow at NETSPAR. His expertise in household finance, consumer behavior, and financial literacy has made him a key advisor to the European Central Bank since 2006.

• Education: B.A. from Cambridge University; Ph.D. from Yale University (1987) under Nobel Laureates James Tobin and William Nordhaus
• Academic Leadership: Former Director of Center for Financial Studies (2010-2015), Founding Director of SAFE (2013-2015), and Director of Master Program in Money, Macro, and Finance

Haliassos is among the early contributors to household finance, with a research focus on portfolio choice under labor income risk, stockholding behavior, consumer debt dynamics, wealth distribution, financial advice efficacy, and social interaction effects on financial decisions. His work spans over two decades of publications in top journals like Review of Financial Studies and Economic Journal.

His recent research trends emphasize social externalities in financial literacy, cultural influences on financial behavior, and wealth inequality propagation mechanisms. Key scientific contributions include:

• 2021 Hillcrest Prize for Behavioral Finance
• Founding Director of CEPR Network on Household Finance
• Editorial roles in MIT Press and Cambridge University Press book projects
• Policy advisory roles including Greek National Council on Research and Technology (2010-2013)

Advisory network includes Dr. Johannes Zahner (Post-doctoral Fellow), Eleftherios Bethmage (PhD student), and Jean de Oliveira (PhD student). He has significantly contributed to curriculum development, including the Master's Program in Money and Finance at Goethe University.