Elias Papaioannou

Professor of Economics; Academic Director, Wheeler Institute for Business and Development

BA (Athens) MPA (Columbia) PhD (London) LLB Bachelor's in Law

Elias is a Professor of Economics at the London Business School, where he co-directs the Wheeler Institute for Business and Development. Elias, a CEPR Research Fellow, is a Managing Co-Editor of the Review of Economic Studies.

He holds an LL.B. from the law school of the National Kapodistrian University of Athens, a Master's in Public Administration (MPA) from Columbia University, and a Ph.D. in economics from the London Business School. After completing his doctorate in 2005, he worked for two years at the Financial Research Division of the European Central Bank. From 2007 to 2012, he worked as Assistant Professor at Dartmouth College. During 2010-2012 he served as a Visiting Assistant Professor at the Economics Department of Harvard University, and in 2019-2020 he was the Hal Varian Visiting Professor at MIT's Department of Economics.

His research covers international finance, political economy, economic history, growth, and development. He has published in leading peer-refereed journals, among others, in Econometrica, the Review of Economic Studies, the Quarterly Journal of Economics, the Journal of Political Economy, the American Economic Review, and the Journal of Finance.

Elias was the inaugural 2013 European Investment Bank Young Economist laureate. His research has been recognized with the 2005 Young Economist Award by the European Economic Association and the 2008 Austin Robinson memorial prize by the Royal Economic Association for the best paper published in the Economic Journal. In 2018, Elias received a European Research Council (ERC) consolidator grant for research on African economic history.

Political economy
Economics of growth and development
International finance
African development
European integration

2023

Estimating cross-industry cross-country models using benchmark industry characteristics

Papaioannou E; Ciccone A

Economic Journal 2023 Vol 133:649 p 130-158

Religion and educational mobility in Africa

Alesina A; Hohmann S; Michalopoulos M; Papaioannou E

Nature: Human Behaviour 2023 June Vol 618

2022

The Political Economy of Populism

Guriev S; Papaioannou E

Journal of Economic Literature 2022 Vol 60:3 p 753-832

2021

Intergenerational mobility in Africa

Alesina A; Hohmann S; Michalopoulos S; Papaioannou E

Econometrica 2021 Vol 89:1 p 1-35

2020

2019

Corporate control around the world

Aminadav G; Papaioannou E

Journal of Finance 2019 Vol 75:3 p 1191-1246

Regional transfer multipliers

Corbi R; Papaioannou E; Surico P

Review of Economic Studies 2019 Vol 86:5 p 1901-1934

2018

Spatial patterns of development: a Meso approach

Michalopoulos S; Papaioannou E

Annual Review of Economics 2018 Vol 10 p 383-410

Tackling a deadly legacy

Papaioannou E; Chiovelli G; Michalopoulos S

London Business School Review 2018 Vol 29:3 p 36-37

2017

The European trust crisis and the rise of populism

Algan Y; Guriev S; Papaioannou E; Passari E

Brooking Papers on Economic Activity 2017 Vol 2017:2 p 309-400

The Greek justice system : collapse and reform

Papaioannou E; Karatza S

In Meghir C et al, eds., Beyond austerity: reforming the Greek economy, MIT Press, 2017

2016

2015

Eurozone's original sin? Nominal rather than institutional convergence

Papaioannou E

in Baldwin R and Giavazzi F, The Eurozone crisis: a consensus view of the causes and a few possible solutions, VOX e-book, 2015

Further evidence on the link between pre-colonial political centralization and comparative economic development in Africa

Michalopoulos S; Papaioannou E

Economics Letters 2015 Vol 126 p 57-62

2014

National institutions and subnational development in Africa

Michalopoulos S; Papaioannou E

Quarterly Journal of Economics 2014 Vol 129:1 p 151-213

2013

2010

The international role of the Euro: A status report

Portes R; Papaioannou E

Book Chapter: In Buti M et al., eds., The Euro: The First Decade, CUP, 2010

What lies beneath the Euro's effect on financial integration? Currency risk , legal harmonization, or trade?

Kalemli-Ozcan S; Peydro-Alcalde J L; Papaioannou

Journal of International Economics 2010 May Vol 81:1 p 75-88

2009

Human capital, the structure of production, and growth

Ciccone A; Papaioannou E

Review of Economics and Statistics 2009 February Vol 91:1 p 66-82

What drives international financial flows? Politics, institutions and other determinants

Papaioannou E

Journal of Development Economics 2009 March Vol 88:2 p 269-281

2008

2007

Economic and social factors driving the third wave of democratization

Siourounis G; Papaioannou E

Journal of Computational and Graphical Statistics 2007 Vol 36:3 p 365-387

Red tape and delayed entry

Ciccone A; Papaioannou E

Journal of the European Economic Association 2007 Vol 2:2-3 p 444-458

2020

Religion and Educational Mobility in Africa

Alesina A; Hohmann S; Michalopoulos S; Papaioannou E

NBER Working Paper

The Economics of Forced Displacement

Chiovelli G; Michalopoulos S; Sequeira S; Papaioannou E

Working Paper

2019

Intergenerational mobility in Africa

Alesina A; Hohmann S; Michalopoulos S; Papaioannou E

NBER Working Paper

2018

2017

Regional transfers

Corbi R; Papaioannou E; Surico P

NBER Working Paper

The European trust crisis and the rise of populism

Algan Y; Guriev S; Papaioannou E; Passari E

CEPR Discussion Paper

2016

Corporate control around the world

Aminadav G; Papaioannou E

NBER Working Paper

Estimating cross-industry cross-country models using benchmark industry characteristics

Papaioannou E; Ciccone A

NBER Working Paper

2014

Federal transfer multipliers: quasi-experimental evidence from Brazilian municipalities

Papaioannou E; Corbi R; Surico P

Working Paper

2017

The long economic and political shadow of history : volume 1

Michalopoulos S; Papaioannou E

VOX e-book

Teaching portfolio

Our teaching offering is updated annually. Faculty and programme material are subject to change.