research

Demetris's primary research interests encompass macroeconomics, monetary policy, and critical topics in labor economics and finance. His research is largely centered on understanding business cycles, with a focus on identifying strategies to mitigate recessions and promote sustainable economic growth. A significant aspect of his work involves analyzing the impact of financial frictions on the broader economy and how these frictions influence the effectiveness of monetary policy.

In addition to his work on business cycles, Demetris investigates the interplay between unemployment and inflation during and after economic crises. His research seeks to develop policy recommendations that can reverse the adverse effects of economic downturns, particularly in relation to the labor market. He is especially interested in how financial constraints can exacerbate economic instability and limit the effectiveness of traditional policy tools, and he explores different approaches to address these challenges

Published papers

Koursaros, Demetris, (2017), “Labor market dynamics when (un)employment is a social norm”, Journal of Economic Behavior & Organization, 134, issue C, p. 96-116.

Michail, Nektarios A., Christos S. Savva, and Demetris Koursaros, (2017). "Size effects of fiscal policy and business confidence in the Euro area." International Journal of Financial Studies 5, no. 4: 26.

Koursaros Demetris, Nektarios Michail and Christos Savva, (2017) “Effects of Fiscal Consolidation on Business Confidence in the Euro Area”. Economics and Business Letters, Vol 7, Issue 2, June 2018

Koursaros, Demetris (2018). "Learning expectations using multi-period forecasts." Journal of Economics and Business, 102, pp.1-25.

Savva, Ch, Nektarios A. Michail, Theodoros Zachariadis, and Demetris Koursaros (2019). "Anthropogenic greenhouse gas concentrations and global temperature: A threshold analysis."SN Appl. Sci. 1, 707

Andreou, P. C., Doukas, J. A., Koursaros, D., & Louca, C. (2019). Valuation effects of overconfident CEOs on corporate diversification and refocusing decisions. Journal of Banking & Finance, 100, 182-204. 

Koursaros, Demetris, Nektarios Michail, and Christos Savva. (2020). "Tell me where to stop: thresholds in the bank lending and output growth relationship." Empirical Economics, pp. 1-29.

Michail, NA, Savva, CS, Koursaros, D. (2021). Are central banks to blame? Monetary policy and bank lending behavior. Bulletin of Economic Research, pp. 1– 18

Koursaros, Demetris, Nektarios Michail, Niki Papadopoulou, and Christos Savva. (2022) Sales and promotions and the great recession deflation. Empirical Economics: 1-44.

Michail, N. and Koursaros, D., (2022). Can Monetary Policy Affect Bank Behaviour? Evidence from Bank Credit Standards. CESifo Economic Studies, 68(2), pp.184-199.

Bentsos Christos, Demetris Koursaros, Kyriaki Louka, Konstantinos Melas and Nektarios Michail (2023) “Liquified Natural Gas Prices and their relationship with a country’s energy mix: A case study for Greece” Energies 2023, 16(22), 7554.

Dimitriadis, K. A., Koursaros, D., & Savva, C. S. (2024). The influential impacts of international dynamic spillovers in forming investor preferences: a quantile-VAR and GDCC-GARCH perspective. Applied Economics, 1-21.

Aslanidis, Nektarios and Koursaros, Demetris and Otto, Glenn. (2024) “Asymmetry in Inflation Persistence Under Inflation Targeting”  Quarterly Review of Economics and Finance , 101922, ISSN 1062-9769.

Koursaros, Demetris, Christos Savva and Nektarios Michail, “Examining the behaviour of inflation in supply and demand shocks using an MS-VAR model” Economic Modelling Volume 141, 2024, 106901, ISSN 0264-999.

Koursaros, Demetris, Savva, Christos, Michail, Nektarios and Papadopoulou, Niki. "To Create or to Redistribute? That is the Question" The B.E. Journal of Macroeconomics, vol. 24, no. 2, 2024, pp. 929-995.

Dimitriadis, Konstantinos A., Demetris Koursaros, and Christos S. Savva. "Evaluating the sophisticated digital assets and cryptocurrencies capacities of substituting international currencies in inflationary eras." International Review of Financial Analysis 96 (2024): 103693.

Dimitriadis, Konstantinos A., Demetris Koursaros, and Christos S. Savva. "The influence of the "environmental-friendly" character through asymmetries on market crash price of risk in major stock sectors." Journal of Climate Finance 9 (2024): 100052.