https://orcid.org/0000-0002-2419-3674Biography
Yannis is a Lecturer in Financial Economics and the Director of GCEFS (Graduate Centre for Economic and Financial Studies). He joined the Adam Smith Business School in September 2017. He holds a BSc in Applied Mathematics from the University of Crete, a MSc in Economics from Athens University of Economics and Business and a postgraduate degree in Applied Mathematics from University of Glasgow. Yannis also holds a PhD in Economics from the University of Glasgow.
Research interests
Yannis is a member of the Macroeconomics research cluster.
Areas of Expertise:
- Macroeconomics
- Financial Economics
- Asset Pricing
- Heterogeneous Agents Models
- Income and Wealth Inequality
- Computational Economics
- Debt and Defaults
Publications
2025
Misic, Gorana 
ORCID: https://orcid.org/0000-0001-9389-9534, Ramanan, Sisir and Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674
(2025)
Assessment Innovation Through Programme Redesign.
[Website]
Herculano, Miguel, Pinheiro, Jorge and Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674
(2025)
Dynamic CoVaR.
Working Paper.
SSRN.
(doi: 10.2139/ssrn.3923075).
2024
Cheng, Wenya ORCID: https://orcid.org/0000-0002-9684-769X, Ramanan, Sisir and Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674
(2024)
Is it time to embrace AI or abandon it in Higher Education?
[Website]
Baskaya, Soner ORCID: https://orcid.org/0000-0003-4416-4907, Shi, Shuren, Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674 and Tsoukalas, John D. ORCID: https://orcid.org/0000-0002-3356-9688
(2024)
Geopolitical Risk and Macroprudential Policies.
Working Paper.
SSRN, Amsterdam, Netherlands.
(doi: 10.2139/ssrn.4981165).
Cheng, Wenya ORCID: https://orcid.org/0000-0002-9684-769X, Ramanan, Sisir and Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674
(2024)
AIEd Outcomes and Graduate Attributes.
Learning, Teaching and Student Experience 2024, Birmingham, UK, 14th-15 May 2024.
Research Reports or Papers
Herculano, Miguel, Pinheiro, Jorge and Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674
(2025)
Dynamic CoVaR.
Working Paper.
SSRN.
(doi: 10.2139/ssrn.3923075).
Baskaya, Soner ORCID: https://orcid.org/0000-0003-4416-4907, Shi, Shuren, Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674 and Tsoukalas, John D. ORCID: https://orcid.org/0000-0002-3356-9688
(2024)
Geopolitical Risk and Macroprudential Policies.
Working Paper.
SSRN, Amsterdam, Netherlands.
(doi: 10.2139/ssrn.4981165).
Conference or Workshop Item
Cheng, Wenya ORCID: https://orcid.org/0000-0002-9684-769X, Ramanan, Sisir and Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674
(2024)
AIEd Outcomes and Graduate Attributes.
Learning, Teaching and Student Experience 2024, Birmingham, UK, 14th-15 May 2024.
Website
Misic, Gorana ORCID: https://orcid.org/0000-0001-9389-9534, Ramanan, Sisir and Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674
(2025)
Assessment Innovation Through Programme Redesign.
[Website]
Cheng, Wenya ORCID: https://orcid.org/0000-0002-9684-769X, Ramanan, Sisir and Tsafos, Yannis D. ORCID: https://orcid.org/0000-0002-2419-3674
(2024)
Is it time to embrace AI or abandon it in Higher Education?
[Website]
Supervision
PhD supervision areas
Dr Tsafos is interested in supervising Ph.D. researchers in the fields of Macroeconomics and Financial Economics. Of particular interest would be projects that involve non-trivial heterogeneous agents modelling in the household, firms or banking sector to explore policy relevant questions. His current work involves HANK, Aiyagari-Bewley-Huggett (ABH) and Krusell-Smith (KS) models with various types of frictions, such as informational, labour market search frictions, default option etc. Dr. Tsafos could also co-supervise empirical projects that require the use of panel data to address household or banking related questions.
Current PhD students
- Shi, Shuren
Essay on Macroprudential Policies - Yudha, Graha
Essays on the Corporate Banking and Finance
Teaching
Current Teaching
- Quantitative Methods for Finance | Pre-Sessional PGT Course - Fall Semester
- ECON 5027 Portfolio Analysis & Investment | Postgraduate Taught - Fall Semester
- ECON 5016 International Finance & Money | Postgraduate Taught - Spring Semester
- ECON 5102P Research Methods & Dissertation Training | Postgraduate Taught - Spring Semester
- ECON 5098 Topics in Macroeconomic Theory II | Postgraduate Research - Spring Semester
Past Teaching
- ECON 5068 Investment, Finance & Asset Prices | Postgraduate Taught - Fall Semester (2017-2018)
- ECON 5005 Economic Fundamentals & Financial Markets | Postgraduate Taught - Spring Semester (2017-2019)
- ECON 5034 Advanced Portfolio Analysis | Postgraduate Taught - Spring Semester (2018-2019) -- merged with ECON 5027.
