Dept Of Economics | National and Kapodistrian University of Athens | Greece
Dr. Spyros Papathanasiou is an Associate Professor at the National and Kapodistrian University of Athens, specializing in Financial Markets, Behavioral Finance, Technical Analysis, Alternative Investments, and Mutual Funds. With a strong academic footprint and a verified institutional affiliation at econ.uoa.gr, he has established himself as a prominent scholar in empirical finance and investment analytics. His research portfolio comprises 75 academic publications, supported by over 1,352 citations, along with an h-index of 20 and an i10-index of 29, reflecting both depth and sustained impact.Dr. Papathanasiou’s work spans a wide spectrum of contemporary financial topics, including volatility spillovers, portfolio risk management, ESG and sustainable investing, investor behavior, market anomalies, and alternative asset performance. He has co-authored numerous studies published in prestigious journals such as Economic Modelling, Finance Research Letters International Review of Economics & Finance, Journal of Asset Management, Managerial Finance, Australian Journal of Management, and Operational Research many of which appear on the ABS list.A hallmark of his scholarship is the consistent use of advanced quantitative methods TVP-VAR models hedging strategy evaluation, transmission mechanisms) to address practical questions facing global investors. His influential papers on ESG investment connectedness Green bubble formation, safe-haven properties of alternative assets, and COVID-19–driven market dynamics have garnered significant citations and international attention. He also contributes foundational research on technical trading rules, IPO performance mutual fund evaluation, sovereign risk linkages and behavioral biases shaping academic and industry conversations in Southern European and global markets.Dr. Papathanasiou maintains active collaborations with leading scholars across Europe advancing cross-country analyses of market integration volatility asymmetries and investment strategy effectiveness. His research offers valuable insights for policy makers portfolio managers and institutional investors particularly in periods of financial stress and economic uncertainty.Overall his work demonstrates a sustained commitment to bridging theoretical finance with real-world investment practices enhancing both academic understanding and societal resilience in dynamic financial environments.
Featured Publications
1.Umar, Z., Kenourgios, D., & Papathanasiou, S. (2020). The static and dynamic connectedness of environmental, social, and governance investments: International evidence. Economic Modelling, 93, 112–124. Cited By: 269
2.Kenourgios, D., Papathanasiou, S., & Melas, R. (2007). Initial performance of Greek IPOs, underwriter’s reputation and oversubscription. Managerial Finance. https://doi.org/10.1108/03074350710739614. Cited By : 95
3.Kenourgios, D., Samitas, A., & Papathanasiou, S. (2005). The day of the week effect patterns on stock market return and volatility: Evidence for the Athens Stock Exchange. Proceedings of the 2nd International Conference on Advances in Applied Financial Economics, 91. Cited By: 91
4.Samitas, A., Papathanasiou, S., Koutsokostas, D., & Kampouris, E. (2022). Volatility spillovers between fine wine and major global markets during COVID-19: A portfolio hedging strategy for investors. International Review of Economics & Finance, 76. Cited By: 76
5.Samitas, A., Papathanasiou, S., Koutsokostas, D., & Kampouris, E. (2022). Are timber and water investments safe-havens? A volatility spillover approach and portfolio hedging strategies for investors. Finance Research Letters, 102657. https://doi.org/10.1016/j.frl.2022.102657. Cited By: 63
Dr. Spyros Papathanasiou envisions a financial ecosystem where data-driven research, behavioral insights, and sustainability principles converge to shape smarter investment strategies. His work continues to influence global debates on market resilience, responsible finance, and emerging asset classes.