University of Southern California

Aris Protopapadakis
Associate Professor of Finance and Business Economics

USC Marshall School of Business
Los Angeles, CA 90089-0808

Phone: 
213-740-6537
Education: 
PhD, MBA, University of Chicago; BS, Lafayette College

Overview

Aris Protopapadakis conducts research in international finance and monetary theory and policy. His research has been published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, American Economic Review, Journal of Political Economy, Journal of Business, and Journal of Monetary Economics. Prior to joining USC, Professor Protopapadakis served on the faculty of Claremont Graduate School and the Wharton School at the University of Pennsylvania, and was Vice President of the Federal Reserve Bank of Philadelphia.

Research

Protopapadakis, A. A., and Flannery, M. (2012) "Macroeconomic News and the DM/$ Exchange Rate, 1980-1998,".
Protopapadakis, A. A., and Cialenco, I. (2011) "Do Technical Trading Profits Remain in the Foreign Exchange Markets? Evidence from Forteen Currencies," Journal of International Financial Markets, Institutions and Money, 2 (2011), 176-206.
Protopapadakis, A. A., and Flannery, M. (2002) "Macroeconomic Factors Do Influence Stock Returns," Review of Financial Studies, 15 (3).
Protopapadakis, A. A., and Maroney, N. (2002) "The Information Content of the BE/ME Ratio For Pricing Equities Internationally: Evidence From Seven National Markets," European Finance Review, 6 (2).
Protopapadakis, A. A., Benninga, S., and Wiener, Z. (2000) "Limiting Differences Between Forward and Futures Prices in a Lucas Consumption Model," Journal of International Financial Markets and Institutions.
Protopapadakis, A. A., and Naranjo, A. (1997) "Financial Market Integration Tests: An Investigation Using U.S. Equity Markets," Journal of International Financial Markets and Institutions, 7 (2), 93-135.
Protopapadakis, A. A., and Benninga, S. (1994) "Futures and Forward Prices with Markovian Interest Rate Processes," Journal of Business, 67 (3), 401-422.
Protopapadakis, A. A., and Benninga, S., Newman, P., Milgate, M., and Eatwell, J., eds. The Equity Premium, New Palgrave Dictionary of Money and Finance 1992.
Protopapadakis, A. A., and Benninga, S. (1991) "Stock Market Premia, Market Completeness, and Relative Risk Aversion," American Economic Review, 81 (3), 591-599.
Protopapadakis, A. A., Wihlborg, C., Fratianni, M., and Willett, T.D., eds. ERM: A Way Station to One Currency?, Financial Regulation and Monetary Arrangements After 1992, North Holland, Amsterdam 1991.
Protopapadakis, A. A., and Benninga, S. (1990) "Leverage, Time Preference, and the 'Equity Premium Puzzle'," Journal of Monetary Economics, 25 (1), 49-58.
Protopapadakis, A. A., and Benninga, S. (1988) "The Equilibrium Pricing of Exchange Rates and Assets When Trade Takes Time," Journal of Monetary Economics, 25 (1), 49-58.
Protopapadakis, A. A., and Flannery, M. (1988) "From T-Bills to Common Stocks: Investigating the Generality of Intra-Week Return Seasonality," The Journal of Finance, 43 (2), 431-450.
Protopapadakis, A. A., and Penati, A. (1988) "The Effect of Implicit Deposit Insurance on Banks' Portfolio Choices with an Application to International 'Overexposure'," Journal of Monetary Economics, 21 (1), 107-126.
Protopapadakis, A. A., and Siegel, J. (1987) "Are Money Growth and Inflation Related to Government Deficits? Evidence from Ten Industrialized Economies," Journal of International Money and Finance, 6 (1), 31-48.
Protopapadakis, A. A., and Siegel, J. (1986) "Are Government Deficits Monetized? Some International Evidence," Business Review.
Protopapadakis, A. A., and Benninga, S. (1986) "General Equilibrium Properties of the Term Structure of Interest Rates," Journal of Financial Economics, 16 (3), 389-410.
Protopapadakis, A. A., and Stoll, H. (1986) "The Law of One Price in International Commodity Markets: A Reformulation and Some Formal Tests," Journal of International Money and Finance, 5 (3), 335-360.
Protopapadakis, A. A. (1986) "An Analysis of Government Credit 'Crises'," Studies in Banking and Finance, 3, 39-60.
Protopapadakis, A. A., and Siegel, J. (1985) "Does Government Debt Influence Money and Inflation: Theory and Some International Evidence," Studies in Banking and Finance, 2, 195-240.
Protopapadakis, A. A., and Flannery, M. (1984) "Risk-Sensitive Deposit Insurance Premia: Some Practical Issues," Business Review.
Protopapadakis, A. A., and Benninga, S. (1984) "The Neutrality of the Real Equilibrium Under Alternative Financing of Government Expenditures," Journal of Monetary Economics, 14 (2), 183-208.
Protopapadakis, A. A., and Mullineaux, D. (1984) "Revealing the Real Rate: Let the Market Do It," Business Review.
Protopapadakis, A. A., and Stoll, H. (1983) "Spot and Future Prices and the Law of One Price," The Journal of Finance, 38 (5), 1431-1456.
Protopapadakis, A. A., and Benninga, S. (1983) "Real and Nominal Interest Rates Under Uncertainty: The Fisher Theorem and the Term Structure," The Journal of Political Economy, 91 (5), 856-867.
Protopapadakis, A. A. (1983) "Some Indirect Evidence on Effective Capital Gains Tax Rates," Journal of Business, 56 (2), 127-138.
Protopapadakis, A. A. (1983) "Expectations, Exchange Rates, and Monetary Theory: The Case of the German Hyperinflation," Journal of International Money and Finance, 2 (1), 47-67.
Protopapadakis, A. A. (1983) "The Exogeneity of Prices in the German Hyperinflation: A Reassessment," Economic Inquiry, 21 (1), 72-92.
Protopapadakis, A. A., and Horrigan, B. (1982) "Federal Deficits: A Faulty Gauge of Government Impact on the Credit Markets," Business Review.
Protopapadakis, A. A. (1981) "Supply Side Economics: What Chance for Success?," Business Review.
Protopapadakis, A. A. "Real Interest Rates: Why Aren't They Equal Across Countries,".
Protopapadakis, A. A., and Flannery, M. "The Effect of Scheduled Macroeconomic Announcements on the Dividend-to-Price Ratio,".