ΚΡΙΣΤΗΣ ΧΑΣΑΠΗΣ
ΧΑΣΑΠΗΣ ΚΡΙΣΤΗΣ
HASSAPIS CHRISTIS
...
ASSOCIATE PROFESSOR
Department of Economics
FEB 02 - Faculty of Economics and Management
University Campus
-
22893711
22895028
-

Προσωπικό Προφίλ

Christis Hassapis has a Bachelor’s degree in Mechanical Engineering from The George Washington University and a Master’s and a Phd in Economics from Boston College, USA.

 

He has served, among others, as:

 

  • Group Chairman, Bank of Cyprus Group, 2013-2014
  • Elected Member, University of Cyprus Council, 2018-
  • Chairman, UCY-Voice, University of Cyprus Radio Station, 2016-
  • Director, Master In Business Economics, 2016-
  • Vice Dean, Graduate School, University of Cyprus, 2014-2018
  • Vice Dean, School of Economics and Business Administration, 2014-17
  • Elected Member, University of Cyprus Council, 2016-18
  • Elected Member, University of Cyprus Council, 2007-10
  • Elected Member, University of Cyprus Council, 2004-07
  • Chairman, UCY-Voice, University of Cyprus Radio Station, 2008-10
  • Elected Member of the University Senate, 2001-2
  • Vice-Chair and member of the Board, UCY Diogenis Business Incubator, 2002-2007
  • Member of the Board, UCY Teaching Resource Center, 2003-05

 

 

His research interest are in Macroeconomics, Banking and International Finance.

 

Publications
 
 
40. Xidonas, P., Hassapis, C., Steuer, R.  “Robust portfolio optimization: A categorized bibliographic review”. Annals of Operational Research, Revise and Resubmit, 2020.
 
39. Bekiros, S., Avdoulas, C., Hassapis, C. “Nonlinear equilibrium adjustment dynamics and predictability of the term structure of interest rates”. International Review of Financial Analysis, 55, 140–155, 2018.
 
38. Christou C., Gupta R., Hassapis C., Suleman, T. “The Role of Economic Uncertainty in Forecasting Exchange Rate Returns and Realized Volatility: Evidence from Quantile Predictive Regressions”, Journal of Forecasting, V37(7), 705-719, 2018.
 
37. Apergis, N., Bouras, C., Christou, C., Hassapis, C. “Multi-horizon wealth effects across the G7 economies”, Economic Modelling, V72, P165-176, 2018.
 
36. Hassapis C., Katsikides S., and Markoulis S., Terror Attacks, Foreign Exchange Markets and Class Dynamics. In “Classes - From National to Global Class Formation” IntechOpen, Chapter 4, pp55-76, 2019.
 
35. Xidonas, P., Mavrotas, G., Hassapis, C., Zopounidis, C. Robust multiobjective portfolio optimization: A minimax regret approach. European Journal of Operational Research, 262 (1), 299-305, 2017.
 
34. Economou, F., Hassapis, C., and Philippas N. “Investors’ fear and herding in the stock market”, Applied Economics 2017.
 
33. Xidonas, P., Hassapis, C., Soulis, J., Samitas, A. Robust minimum variance portfolio optimization modelling under scenario uncertainty. Economic Modelling, 64, 60-71, 2017.
 
32. Christou C., Cunado J., Gupta R., Hassapis C. Economic Policy Uncertainty and Stock Market Returns in Pacific-Rim Countries: Evidence based on a Bayesian Panel VAR Model, Journal of Multinational Financial Management, 40, 92-102, 2017.
 
31. Christou C., Gupta R., Hassapis C. “Does Economic Policy Uncertainty Forecast Real Housing Returns in a Panel of OECD Countries? A Bayesian Approach”. The Quarterly Review of Economics and Finance 65, 50-60, 2017.
 
30. Xidonas, P., Hassapis, C., Mavrotas, G., Staikouras, C., Zopounides, C. “Multiobjective portfolio optimization: Bridging mathematical theory with asset management practice”. Annals of Operations Research, pp 1–22, 2016.
 
29. Economou, F., Hassapis, C, Philippas, N., Tsionas, M. “Foreign Direct Investment Determinants in OECD and Developing Countries.” Review of Development Economics, 21(3), 527-542, 2016.
 
28. Xidonas, P., Kountzakis, C., Hassapis, C., Staikouras, C. “RAROC in portfolio optimization”. Journal of Financial Engineering volume 03, Issue 03, 1-14, September 2016.
 
27. Xidonas, P., Kountzakis, C., Hassapis, C., Staikouras, C. A use of Black-Scholes model in market risk. International Journal of Financial Engineering & Risk Management, 2 (3), 200-210, 2016.
 
26. Hassapis, C., Skourias, N., Xidonas, P. “The Crisis in Greece: A story in pictures”. In Evolutionary Political Economy in Action, Hanappi, H., Katsikides, S., Scholz-Wäckerle, M. (eds), Taylor and Francis, 2016.
 
25. Xidonas, P., Hassapis, C., Bouzianis, G. , Staikouras, C. “An Integrated Matching-Immunization Model for Bond Portfolio Optimization”. Computational Economics, pp 1–11, 2016
 
24. Apergis, N., Christou, C., Hassapis, C. and Johnson, S. “International Earnings to Price Ratio Convergence: Evidence from the European Union”. Journal of Business and Finance Research, v. 9 (5) p. 37-55, 2016.
 
23. Hassapis C. “The Convergence Process and the Volatility of the Money and Capital Markets”. In Savvas Katsikides; Hardy Hanappi (Eds), Society and Economics in Europe: Disparity versus Convergence? Springer International Publishing, pp 19-30, 2016.
 
22. Economou F., Hassapis, C. “Foreign direct investment inflows determinants in four South European economies”. Investment Management and Financial Innovations, Volume 12(3), 68-75, 2015.
 
21. Bouras, C., Christou, C., Hassapis, C. "Predicting output growth at long horizons: stock return volatility and the monetary policy influence". International Journal of Portfolio Analysis and Management, Vol. 2, No. 1, 57-98, 2015.
 
20. Apergis, N., Christou, C. and Hassapis, K. ‘Accounting standards convergence dynamics-International evidence from club convergence and clustering’, Accounting Research Journal 27, 226-248, 2014.
 
19. Kalantonis P., Goumas S., Hassapis C., Cantzos C. “Pacioli's Innovation in Accounting: Business or Academic Affairs”, International Journal of Economics & Business Administration, Volume II, Issue 2, pages 39-56, 2014.
 
18. Apergis, N., Christou, C. and Hassapis, K. ‘Convergence in public expenditures across EU countries: Evidence from club convergence’, Economics and Finance Research 1, 45-59, 2013.
 
17. Hassapis C and Prodromides K. “Stock Market Performance and Economic Growth”. In Lianos and N. Baltas (eds), Policy Studies for the Greek and International Economy, volume 12, pp 131-146, Sideris, Athens, 2012

16. Christou C, Hassapis, C., Kalyvitis S., Pittis, N. ,. “Long-run PPP under the Presence of Near-to-unit Roots: The Case of the British Pound-US Dollar rate”, Review of International Economics, 2009.
 
15. Hassapis, C. “Financial Variables and Real Activity in Canada”. The Canadian Journal of Economics, vol. 36, pp. 417-38, May 2004.
 
14. Haliassos, M. and Hassapis, C., “Equity Culture and Household Behavior”. Oxford Economic Papers, 54, pp. 719-45, 2002.
 
13. Hassapis C., and Kalyvitis, S. “Investigating the Links between Growth and Stock Price Changes with Empirical Evidence from the G7 Economies” The Quarterly Review of Economics and Finance, 42, 3, pp. 543-575, 2002.
 
12. Hassapis C., and Kalyvitis, S. “On the Propagation of the Fluctuations of Stock Returns on Growth: is the Global Effect Important?”. Journal of Policy Modeling, 24, pp. 487-502, 2002.
 
11. Haliassos, M. and Hassapis, C. “Non-Expected Utility, Savings and Portfolios”. The Economic Journal, 111, pp. 69-102, 2001.
 
10. Haliassos, M. and Hassapis, C. “Borrowing Constraints, Portfolio Choice and Precautionary Motives”. In Kontogiorghes, E., B. Rustem and S. Siokos (Eds.), Computational Methods in Decision-Making, Economics and Finance, Applied Optimization Series, Kluwer Publishers, pp. 151-181, 2001.

9. Hassapis, C., Pittis, N., and Prodromides, K. “Unit Roots and Granger Causality in the EMS Interest Rates. The German Dominance Hypothesis Revisited.” Journal of International Money and Finance, 18(1), pp. 47-73, 1999.
 
8. Hassapis, C., Kalyvitis, S., and Pittis, N. “Cointegration and Joint Efficiency of International Commodity Markets” The Quarterly Review of Economics and Finance, Vol 39, pp. 213-231, 1999.
 
7. Hassapis, C., Pittis, N., and Prodromides, K. “EMS Interest Rates: The German Dominance Hypothesis or Else?” in European Union at the Crossroads: A Critical Analysis of Monetary Union and Enlargement, Aldershot, UK., Chapter 3, pp. 32-54, 1998. Edward Elgar Publishing Limited.
 
6. Caporale, W., Hassapis C. and Pittis, N. “Unit Roots and Long Run Causality: Investigating the Relationship between Output, Money and Interest Rates”. Economic Modeling, 15(1), pp. 91-112, Jan 1998.
 
5. Caporale, W., Hassapis C. and Pittis, N. “Conditional Leptokyrtosis and Non-Linear Dependence in Exchange Rate Returns.” Journal of Policy Modeling, Vol. 20, No. 5, pp.581-601, 1998.
 
4. Hassapis, C. “Are Bureaucrats Efficient? An Application to the Provision of AFDC.” Public Choice, 86, pp. 1-18 1996.
 
3. Hassapis, C. “Exchange Risk in the EMS: Some Evidence based on a GARCH Model.” Bulletin of Economic Research, Vol. 47, No 4, pp285-303, October, 1995.
 
2. Caporale, W., Hassapis, C., και Pittis, N. “Excess Returns in the EMS: Do Weak Currencies Still Exist after the Widening of the Fluctuation Bands?” Review of World Economics (Weltwirtschafliches Archiv), Band 131, pp. 326-38, 1995.
 
1. Hassapis, C. “The Theory of Bureaucracy as it Applies to the Provision of a Public Service.” Cyprus Journal of Economics (now Economia), pp. 35-47, June 1991.
 

 

 

 

 

 

Profile Information

Christis Hassapis has a Bachelor’s degree in Mechanical Engineering from The George Washington University and a Master’s and a Phd in Economics from Boston College, USA.

He has served, among others, as:

  • Group Chairman, Bank of Cyprus Group, 2013-2014
  • Elected Member, University of Cyprus Council, 2018-
  • Chairman, UCY-Voice, University of Cyprus Radio Station, 2016-
  • Director, Master In Business Economics, 2016-
  • Vice Dean, Graduate School, University of Cyprus, 2014-2018
  • Vice Dean, School of Economics and Business Administration, 2014-17
  • Elected Member, University of Cyprus Council, 2016-18
  • Elected Member, University of Cyprus Council, 2007-10
  • Elected Member, University of Cyprus Council, 2004-07
  • Chairman, UCY-Voice, University of Cyprus Radio Station, 2008-10
  • Elected Member of the University Senate, 2001-2
  • Vice-Chair and member of the Board, UCY Diogenis Business Incubator, 2002-2007
  • Member of the Board, UCY Teaching Resource Center, 2003-05

His research interest are in Macroeconomics, Banking and International Finance.

 

 

Publications

 
40. Xidonas, P., Hassapis, C., Steuer, R. “Robust portfolio optimization: A categorized bibliographic review”. Annals of Operational Research, Revise and Resubmit, 2020.
 
39. Bekiros, S., Avdoulas, C., Hassapis, C. “Nonlinear equilibrium adjustment dynamics and predictability of the term structure of interest rates”. International Review of Financial Analysis, 55, 140–155, 2018.
 
38. Christou C., Gupta R., Hassapis C., Suleman, T. “The Role of Economic Uncertainty in Forecasting Exchange Rate Returns and Realized Volatility: Evidence from Quantile Predictive Regressions”, Journal of Forecasting, V37(7), 705-719, 2018.
 
37. Apergis, N., Bouras, C., Christou, C., Hassapis, C. “Multi-horizon wealth effects across the G7 economies”, Economic Modelling, V72, P165-176, 2018.
 
36. Hassapis C., Katsikides S., and Markoulis S., Terror Attacks, Foreign Exchange Markets and Class Dynamics. In “Classes - From National to Global Class Formation” IntechOpen, Chapter 4, pp55-76, 2019.
 
35. Xidonas, P., Mavrotas, G., Hassapis, C., Zopounidis, C. Robust multiobjective portfolio optimization: A minimax regret approach. European Journal of Operational Research, 262 (1), 299-305, 2017.
 
34. Economou, F., Hassapis, C., and Philippas N. “Investors’ fear and herding in the stock market”, Applied Economics 2017.
 
33. Xidonas, P., Hassapis, C., Soulis, J., Samitas, A. Robust minimum variance portfolio optimization modelling under scenario uncertainty. Economic Modelling, 64, 60-71, 2017.
 
32. Christou C., Cunado J., Gupta R., Hassapis C. Economic Policy Uncertainty and Stock Market Returns in Pacific-Rim Countries: Evidence based on a Bayesian Panel VAR Model, Journal of Multinational Financial Management, 40, 92-102, 2017.
 
31. Christou C., Gupta R., Hassapis C. “Does Economic Policy Uncertainty Forecast Real Housing Returns in a Panel of OECD Countries? A Bayesian Approach”. The Quarterly Review of Economics and Finance 65, 50-60, 2017.
 
30. Xidonas, P., Hassapis, C., Mavrotas, G., Staikouras, C., Zopounides, C. “Multiobjective portfolio optimization: Bridging mathematical theory with asset management practice”. Annals of Operations Research, pp 1–22, 2016.
 
29. Economou, F., Hassapis, C, Philippas, N., Tsionas, M. “Foreign Direct Investment Determinants in OECD and Developing Countries.” Review of Development Economics, 21(3), 527-542, 2016.
 
28. Xidonas, P., Kountzakis, C., Hassapis, C., Staikouras, C. “RAROC in portfolio optimization”. Journal of Financial Engineering volume 03, Issue 03, 1-14, September 2016.
 
27. Xidonas, P., Kountzakis, C., Hassapis, C., Staikouras, C. A use of Black-Scholes model in market risk. International Journal of Financial Engineering & Risk Management, 2 (3), 200-210, 2016.
 
26. Hassapis, C., Skourias, N., Xidonas, P. “The Crisis in Greece: A story in pictures”. In Evolutionary Political Economy in Action, Hanappi, H., Katsikides, S., Scholz-Wäckerle, M. (eds), Taylor and Francis, 2016.
 
25. Xidonas, P., Hassapis, C., Bouzianis, G. , Staikouras, C. “An Integrated Matching-Immunization Model for Bond Portfolio Optimization”. Computational Economics, pp 1–11, 2016
 
24. Apergis, N., Christou, C., Hassapis, C. and Johnson, S. “International Earnings to Price Ratio Convergence: Evidence from the European Union”. Journal of Business and Finance Research, v. 9 (5) p. 37-55, 2016.
 
23. Hassapis C. “The Convergence Process and the Volatility of the Money and Capital Markets”. In Savvas Katsikides; Hardy Hanappi (Eds), Society and Economics in Europe: Disparity versus Convergence? Springer International Publishing, pp 19-30, 2016.
 
22. Economou F., Hassapis, C. “Foreign direct investment inflows determinants in four South European economies”. Investment Management and Financial Innovations, Volume 12(3), 68-75, 2015.
 
21. Bouras, C., Christou, C., Hassapis, C. "Predicting output growth at long horizons: stock return volatility and the monetary policy influence". International Journal of Portfolio Analysis and Management, Vol. 2, No. 1, 57-98, 2015.
 
20. Apergis, N., Christou, C. and Hassapis, K. ‘Accounting standards convergence dynamics-International evidence from club convergence and clustering’, Accounting Research Journal 27, 226-248, 2014.
 
19. Kalantonis P., Goumas S., Hassapis C., Cantzos C. “Pacioli's Innovation in Accounting: Business or Academic Affairs”, International Journal of Economics & Business Administration, Volume II, Issue 2, pages 39-56, 2014.
 
18. Apergis, N., Christou, C. and Hassapis, K. ‘Convergence in public expenditures across EU countries: Evidence from club convergence’, Economics and Finance Research 1, 45-59, 2013.
 
17. Hassapis C and Prodromides K. “Stock Market Performance and Economic Growth”. In Lianos and N. Baltas (eds), Policy Studies for the Greek and International Economy, volume 12, pp 131-146, Sideris, Athens, 2012

16. Christou C, Hassapis, C., Kalyvitis S., Pittis, N. ,. “Long-run PPP under the Presence of Near-to-unit Roots: The Case of the British Pound-US Dollar rate”, Review of International Economics, 2009.
 
15. Hassapis, C. “Financial Variables and Real Activity in Canada”. The Canadian Journal of Economics, vol. 36, pp. 417-38, May 2004.
 
14. Haliassos, M. and Hassapis, C., “Equity Culture and Household Behavior”. Oxford Economic Papers, 54, pp. 719-45, 2002.
 
13. Hassapis C., and Kalyvitis, S. “Investigating the Links between Growth and Stock Price Changes with Empirical Evidence from the G7 Economies” The Quarterly Review of Economics and Finance, 42, 3, pp. 543-575, 2002.
 
12. Hassapis C., and Kalyvitis, S. “On the Propagation of the Fluctuations of Stock Returns on Growth: is the Global Effect Important?”. Journal of Policy Modeling, 24, pp. 487-502, 2002.
 
11. Haliassos, M. and Hassapis, C. “Non-Expected Utility, Savings and Portfolios”. The Economic Journal, 111, pp. 69-102, 2001.
 
10. Haliassos, M. and Hassapis, C. “Borrowing Constraints, Portfolio Choice and Precautionary Motives”. In Kontogiorghes, E., B. Rustem and S. Siokos (Eds.), Computational Methods in Decision-Making, Economics and Finance, Applied Optimization Series, Kluwer Publishers, pp. 151-181, 2001.

9. Hassapis, C., Pittis, N., and Prodromides, K. “Unit Roots and Granger Causality in the EMS Interest Rates. The German Dominance Hypothesis Revisited.” Journal of International Money and Finance, 18(1), pp. 47-73, 1999.
 
8. Hassapis, C., Kalyvitis, S., and Pittis, N. “Cointegration and Joint Efficiency of International Commodity Markets” The Quarterly Review of Economics and Finance, Vol 39, pp. 213-231, 1999.
 
7. Hassapis, C., Pittis, N., and Prodromides, K. “EMS Interest Rates: The German Dominance Hypothesis or Else?” in European Union at the Crossroads: A Critical Analysis of Monetary Union and Enlargement, Aldershot, UK., Chapter 3, pp. 32-54, 1998. Edward Elgar Publishing Limited.
 
6. Caporale, W., Hassapis C. and Pittis, N. “Unit Roots and Long Run Causality: Investigating the Relationship between Output, Money and Interest Rates”. Economic Modeling, 15(1), pp. 91-112, Jan 1998.
 
5. Caporale, W., Hassapis C. and Pittis, N. “Conditional Leptokyrtosis and Non-Linear Dependence in Exchange Rate Returns.” Journal of Policy Modeling, Vol. 20, No. 5, pp.581-601, 1998.
 
4. Hassapis, C. “Are Bureaucrats Efficient? An Application to the Provision of AFDC.” Public Choice, 86, pp. 1-18 1996.
 
3. Hassapis, C. “Exchange Risk in the EMS: Some Evidence based on a GARCH Model.” Bulletin of Economic Research, Vol. 47, No 4, pp285-303, October, 1995.
 
2. Caporale, W., Hassapis, C., και Pittis, N. “Excess Returns in the EMS: Do Weak Currencies Still Exist after the Widening of the Fluctuation Bands?”  Review of World Economics (Weltwirtschafliches Archiv), Band 131, pp. 326-38, 1995.
 
1. Hassapis, C. “The Theory of Bureaucracy as it Applies to the Provision of a Public Service.” Cyprus Journal of Economics (now Economia), pp. 35-47, June 1991.