Short Bio

 

Manthos Delis is a Professor of Financial Economics and Banking at Montpellier Business School. 

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He has a PhD in 2007 from AUEB, Greece, an MSc from York University, Canada, and a BA (honors) from Western University, Canada. He previously was at the University of Surrey (Professor, 2012-2017), Cass (SL, 2011-2012), and University of Ioannina (L, 2008-2011).

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His current research interests cover the role of finance (especially bank credit) in the real economy (firm borrowing and investments, household finance, income inequality, etc.). More than 40 of his papers are published in top-tier journals, with 8 publications in FT-listed journals (Journal of Financial Economics, Management Science, Operations Research, Review of Finance) and many others in top-field journals (Journal of Banking and Finance, Journal of Development Economics, Journal of Money, Credit and Banking, etc.).

 

Based on the quality of his research, he has been a Professor since the age of 33, and has received many honors and awards. His work  has been cited more than 7,000 times. IDEAS ranks his research in the top 1% in the world (last 10 years). On March 2019, he was externally nominated for the USERN Prize 2019 based on his academic performance in the recent two years.

 

He is a co-founder and member of the organizing committee of the Endless Summer Conference on Financial Intermediation and Corporate Finance (CEPR conference), a small top event in the field. He is also a member of the program committee of the Swiss Winter Conference on Financial Intermediation, a well-established highly-quality annual CEPR conference, and a member of the scientific committee of the Hellenic Finance and Accounting Association (HFAA). He serves as an Associate Editor of the Journal of Financial Stability and the International Review of Finance. 

 

Please check below for selected recent publications (his CV for a full list) and for several articles on the restructuring of the Greek economy. 

RECENT ACADEMIC OUTPUTS

For a full list of my publication record and working papers click here

 

Papers in the R&R stage

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• Gender, Credit, and Firm Outcomes (with I. Hasan, M. Iosifidi, and S. Ongena). Revisions requested from the Journal of Financial and Quantitative Analysis.

• Management as the sine qua non for M&A success (with M. Iosifidi, P. Kazakis, and S. Ongena). Revisions requested from the Journal of Accounting and Economics. 

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Key recent published papers

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• Management estimation in banking (with M. Iosifidi and M. Tsionas). European Journal of Operational Research, forthcoming.

• Enforcement actions on banks and the structure of loan syndicates (with M. Iosifidi, S. Kokas, S. Ongena, and D. Xefteris). Journal of Corporate Finance, forthcoming.

• Democracy and credit (with I. Hasan and S. Ongena). Journal of Financial Economics, forthcoming.

• Enforcement of banking regulation and the cost of borrowing (with Y. Deli, I. Hasan, and L. Liu). Journal of Banking and Finance 101 (2019), 147-160.

• On the effect of business and economic university education on political ideology: An empirical note (with I. Hasan and M. Iosifidi). Journal of Business Ethics 155 (2019), 809-822.

• Formal enforcement actions and bank behavior (with C. Tsoumas and P. Staikouras). Management Science 63 (2017), 959-987.

• The risk-taking channel of monetary policy in the US: Evidence from loan-level data (with I. Hasan and N. Mylonidis). Journal of Money, Credit and Banking 49 (2017), 187-213.

• Endogenous bank risk and efficiency (with M. Iosifidi and M. Tsionas). European Journal of Operational Research 260 (2017), 376-387.

• Bank market power and firm performance (with S. Kokas and S. Ongena). Review of Finance 21 (2017), 299-326.​

• The effect of board directors from countries with different genetic diversity levels on corporate performance (with C. Gaganis, I. Hasan, and F. Pasiouras). Management Science 63 (2017), 231-249.

• Foreign ownership and market power in banking: Evidence from a world sample (with S. Kokas and S. Ongena). Journal of Money, Credit and Banking, 48 (2016), 449-483.​

• Bank regulations and income inequality: Empirical evidence (with I. Hasan and P. Kazakis). Review of Finance 18 (2014), 1811-1846.

• On the estimation of marginal cost (with M. Iosifidi and E. Tsionas). Operations Research 62 (2014), 543-556.​

• Bank competition, financial reform and institutions: The importance of being developed. Journal of Development Economics 97 (2012), 450-465.

• Supervisory effectiveness and bank risk (with P. Staikouras). Review of Finance 15 (2011), 511-543.

• Regulations and productivity growth in banking (with P. Molyneux and F. Pasiouras). Journal of Money, Credit, and Banking 43 (2011), 735-764.

 

SELECTED POLICY & MEDIA (Mostly in Greek)​

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• Fuelling fossil fuel: Bond to bank substitution in the transition to a low-carbon economy. PRI Article, 24/04/2020.

• Πώς θα αποφύγουμε την βαθιά ύφεση. Liberal, 20/04/2020.

• Understanding the concept of Helicopter Money. Forbes France, 14/04/2020.

• Ήρθε η ώρα να τυπωθεί νέο χρήμα. Liberal, 19/03/2020.

• Strengthening the international role of the euro. Speech at the EESC, 04/01/2019.

• Ευρωεκλογές σε μία Ευρώπη που αλλάζει. Ομιλία ΕΟΠΕ, 16/03/2019.

• Το υψηλό κόστος του ομολόγου αντικατοπτρίζει τα προβλήματα της χώρας. Liberal, 30/01/2019.

• Αν δεν μεταρρυθμιστούμε, δεν έχουμε μέλλον στο ευρώ. Liberal, 25/08/2018.

• Ανισότητα στην Ελλάδα. Liberal 11/12/2017.

• Ανισότητα, κίνδυνος φτώχειας και λύσεις. Dianeosis, Δεκέμβριος 2017.

• Το οικονομικό τοπίο στην Ελλάδα. Liberal, 23/10/2017.

• Τα ΑΕΙ, η αριστεία και οι κυβερνήσεις. Καθημερινή, 10/08/2017.

• Το πολιτικό-θεσμικό πρόβλημα της Ευρώπης. Ναυτεμπορική, 24/03/2017.

• Democratic development lowers the cost of credit. VOX CEPR Policy Portal, February 2017.

• Φορολογική πολιτική και ανισότητα των εισοδημάτων. Ναυτεμπορική, 12/10/2015.

• Ο προϋπολογισμός και οι προγραμματικές δηλώσεις. Ημερησία, 11/10/2015.

• Πέντε ακαδημαϊκοί μιλούν στη «Ν» για τα βήματα που θα οδηγήσουν στην ανάκαμψη. Ναυτεμπορική 23/09/2015.

• Φοροδιαφυγή και ηλεκτρονικές πληρωμές. Greek Economists for Reform.

• Νεποτισμός, μεταρρυθμίσεις και επικράτηση των αρίστων. Καθημερινή, 09/08/2015.

• Το ταξικό ΟΧΙ και το μέλλον της ανισότητας. Καθημερινή, 12/07/2015.

• Η επομένη του ΝΑΙ και του ΟΧΙ. Καθημερινή, 03/07/2015.

• Περιορισμοί στην κίνηση κεφαλαίων. Ναυτεμπορική, 03/07/2015.

• Έξι μεταρρυθμίσεις που θα δεχόταν το Eurogroup. Protagon, 09/03/2015.