Dr Marika Karanassou
Reader (on leave)
Phone: On leave
- Political Economy
Marika Karanassou is a Reader in Economics at Queen Mary University of London, specialising in macroeconomic analysis.
Her research focuses on dynamic macro-labour models with spill over effects, the evaluation of the inflation-unemployment trade off, and the identification of the factors which jointly drive these central macro variables. The theoretical and empirical models of her work draw a new line of research and her results challenge the macroeconomic consensus on two major fronts: (i) the interplay of dynamics and growth in labour market models questions the prevailing wisdom of the natural rate of unemployment, and (ii) the existence of a downward-sloping Phillips curve points against the classical dichotomy doctrine.
She also writes about the current state of the crisis-prone market economy in "Warrant Economics, Call-Put Policy Options and the Fallacies of Economic Theory". She further examines the Eurozone’s malaise under the institutional Call-Put Options prism.
Marika is a Research Fellow at IZA, Bonn, and a member of the Higher Education Academy. She received her PhD in economics from Birkbeck College, University of London, and her BSc from the Athens University of Economics and Business.
o “Warrant Economics, Call-Put Policy Options and the Great Recession”, with J. Hatgioannides, Review of Political Economy, 2014, forthcoming.
o "Spanish Regional Unemployment Revisited: The Role of Capital Accumulation", with R. Bande, Regional Studies, 2013, DOI: 10.1080/00343404.2013.779657
o "Inequalities and Employment Sensitivities to the Falling Labour Share", with H. Sala, The Economic and Social Review, 2012, 43, 343-376.
o "Phillips Curves and Unemployment Dynamics: A Critique and a Holistic Perspective", with H. Sala and D. J. Snower, Journal of Economic Surveys, 2010, 24, 1-51.
o "Capital Accumulation and Unemployment: New Insights on the Nordic Experience", with H.Sala and P. F. Salvador, Cambridge Journal of Economics, 2008, 32, 977-1001.