Costas Azariadis  |  University of California, Los Angeles  |  +1 310 825-9528   | azariadi@ucla.edu |  http://www.econ.ucla.edu/azariadi/


Costas Azariadis
Department of Economics, UCLA
azariadi@ucla.edu
Index
Contact
Costas Azariadis

Department of Economics
405 Hilgard Avenue
University of California, Los Angeles 
Los Angeles, CA 90095-1477 
United States
 
 
E-mail: azariadi@ucla.edu 
Phone: +1 310 825-6682
Fax: +1 310 825-9528

Research
  • Multiple equilibria and stabilization policy; dynamic aspects of economic development, notably human capital, poverty traps and credit rationing; dynamics of monetary and fiscal policies.
  • Teaching
    Working papers Here are some of my recent working papers (click on the links to download a file in Adobe's .pdf format):

  • "Efficient Inflation Targets for Distorted Dynamic Economies" (with Raphael Lam). October 2003.
  • "A Forward Projection of the Cross-Country Income Distribution" (with John Stachurski). 2003.
  • "Trend Reverting Fluctuations in the Life-Cycle Model" (with James Bullard and Lee Ohanian). September 2001.
  • "The Theory of Poverty Traps: What Have we Learned?". July 2001.
  • "Growth or Equality? Losers and Gainers from Financial Reform" (with David de la Croix). May 2001.
  • "Unemployment Dynamics with International Capital Mobility" (with Christopher Pissarides). May 2000.
  • Here are some old working papers and hard to find things:
  • "Beliefs and the Neutrality of Money". February 1995 (Revised May 2001).
  • Unpublished Appendix to "Financial Intermediation and Regime Switching in Business Cycles" (with Bruce Smith). May 1996.
  • "Discretionary Policy and Economic Volatility" (with Vincenzo Galasso). October 1995. 
  • Warning: because they were created with a scanner, some of these .pdf files are quite big (around one meg in size).
    Selected publications
  • Intertemporal Macroeconomics, 512 pages. Oxford: Blackwell Publishers, February 1993.

  •  
  •  "Endogenous Debt Constraints in Lifecycle Economies” (with Luisa Lambertini). Review of Economic Studies (2003): 461-488.
  •  "Private and Public Circulating Liabiliies" (with James Bullard and Bruce Smith). Journal of Economic Theory (2001): 59-116.
  • "Agency Costs in Dynamic Economic Models" (with Shankha Chakraborty). Economic Journal (1999) : 222-241.
  • "Asset Price Volatility in a Nonconvex General Equilibrium Model" (with Shankha Chakraborty). Economic Theory (1998) : 649-665.
  • "Financial Intermediation and Regime Switching in Business Cycles" (with Bruce Smith). American Economic Review (1998) : 516-536.
  • "The Economics of Poverty Traps, Part One : Complete Markets". Journal of Economic Growth (1996) : 449-486.
  • "Adverse Selection in the Overlapping Generation Model: The Case of Pure Exchange" (with Bruce Smith). Journal of Economic Theory (1993) : 277-305.
  • "Threshold Externalities in Economic Development (with Allan Drazen). Quarterly Journal of Economics (1990) : 501-526.
  • "Human Capital and Self-Enforcing Contracts". Scandinavian Journal of Economics (1988) : 99-105.
  • "Imperfect Markets in Macroeconomics". Economic Studies Quarterly (1988) : 193-207.
  • "Sunspots and Cycles" (with Roger Guesnerie). Review of Economic Studies (1986) : 725-738.
  • "Predetermined Prices and the Allocation of Social Risks" (with Russell Cooper). Quarterly Journal of Economics (1985) : 495-518.
  • "Implicit Contracts and Fixed-Price Equilibria" (with Joseph Stiglitz). Quarterly Journal of Economics (1983) : 1-22.
  • "Propheties Creatrices et Persistence des Theories" (with Roger Guesnerie). Revue Economique (1982) : 878-906.
  • "Self-Fulfilling Prophecies". Journal of Economic Theory (1981) : 380-396.
  • "A Re-Examination of Natural Rate Theory". American Economic Review (1981) : 946-960.
  • "Implicit Contracts and Underemployment Equilibria". Journal of Political Economy (1975) : 1183-1202.
  • About me Born Athens, Feb. 1943, studied engineering in Greece, did MBA and PhD studies in economics at Carnegie-Mellon, 1969-73. Assistant Prof at Brown 1973-76,  Visiting Researcher at Hebrew Univ. 1977, then at Penn, 1977-92, and UCLA since 1992.

    Married since 1965 to Assimo with  daughter Cleo. Hobbies: Travel, theater, red Burgundy.

    Useful links Co-authors: | Jim Bullard | Shankha Chakraborty | David de la Croix | Russell Cooper | Allan Drazen | Vincenzo Gallaso | Roger Guesnerie | Luisa Lambertini | Amartya Lahiri | Lee Ohanian | Chris Pissarides | Bruce Smith | John Stachurski


    Costas Azariadis  | University of California, Los Angeles  |  +1 310 825-9528   | azariadi@ucla.edu |  http://www.econ.ucla.edu/azariadi/