Georgios Karalas

Georgios Karalas is an Assistant Professor at the Business Department at Carlos III where he teaches Financial Economics and Financial Systems and Institutions.

He holds a PhD in Finance from the University of Piraeus in Greece, and before joining Carlos III he has been a post-doctoral researcher at the Finance Department at London School of Economics (LSE).

His main research interests focus on asset pricing questions and more specifically on the roles of institutional investors’ preferences and of style investing, on the determination of stock prices, risk and liquidity. In addition, George is interested on the macroeconomic role of policy uncertainty.

Working papers • The Distribution of Investor Beliefs, Stock Ownership and Stock Returns, with G. Hardouvelis and D. Vayanos

• Economic Policy Uncertainty and the Greek Economic Crisis, with G. Hardouvelis, D. Karanastasis and P. Samartzis

• Style Inattention in Ownership, Stock Price Volatility and Stock Illiquidity, with G. Hardouvelis

• Liquidity and Stock Returns During Large Market Declines, with G. Hardouvelis

EDUCATION • Ph.D. in Banking and Financial Management, University of Piraeus, 2017

• M.Sc. in Banking and Financial Management, University of Piraeus, 2009

• B.Sc. in Accounting and Finance, Athens University of Economics and Business, 2007