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Research Staff and Resources

Research and Statistics Staff | Risk Analysis Section
photograph of George M. Korniotis
George M. Korniotis
Economist
Risk Analysis Section
Division of Research and Statistics

Contact Information
202-452-2581
george.m.korniotis@frb.gov

Fields of Interest
Asset Pricing
Consumer Finance
Econometrics and Statistics

Education
Ph.D., Economics, Yale University, 2003
B.Sc., Economics, University of Cyprus, 1998

Professional Experience
Board of Governors of the Federal Reserve System, 2006-present
Assistant Professor, University of Notre Dame, 2003-2006

Selected Publications

  • ''Habit Formation, Incomplete Markets, and the Significance of Regional Risk for Expected Returns,'' Review of Financial Studies, vol. 21 (2008), pp. 2139-2172.
  • ''Estimating Panel Models with Internal and External Habit Formation,'' forthcoming in the Journal of Business and Economic Statistics (2009).
  • The Human Capital That Matters: Expected Returns and the Income of Affluent Households (with Sean D. Campbell), Finance and Economics Discussion Series 2008-09. Washington: Board of Governors of the Federal Reserve System, 2008.
  • ''Do Older Investors Make Better Investment Decisions?'' Review of Economics and Statistics, forthcoming (2009).

Last update: December 4, 2009