Anastasios Karantounias

Research Economist and Assistant Adviser

Research Department
Federal Reserve Bank of Atlanta
1000 Peachtree Street N.E.
Atlanta, Georgia 30309-4470

To interview economists, press should contact Public Affairs at 404-498-8748.

  • Biography

    Anastasios Karantounias is a research economist and assistant adviser on the macroeconomics and monetary policy team in the research department of the Federal Reserve Bank of Atlanta. His major field of study is macroeconomics with a particular emphasis on optimal fiscal and monetary policy, robustness, and imperfect information.

    Prior to joining the Bank in 2008, Dr. Karantounias was a research and teaching assistant at New York University. He also worked as a research intern at the Research and Statistics Division of the Federal Reserve's Board of Governors and the Monetary Policy Strategy Division of the European Central Bank.

    Dr. Karantounias has presented at several seminars and conferences including the seventh Conference on Research on Economic Theory and Econometrics, in July 2008, and the New York Area Workshop on Monetary Policy at the Federal Reserve Bank of New York, in May 2006.

    Dr. Karantounias received his doctorate in economics in 2008 from New York University and a master's degree in economics in 2004 from the same institution. He received his bachelor's degree in economics in 2001 from the Athens University of Economics and Business in Athens, Greece.

  • Research

    Research Interests

    Field: Macroeconomics
    Interests: Fiscal and Monetary Policy; Robustness; Imperfect Information


    Working Papers

    "Overconfidence, Subjective Perception and Pricing Behavior," with Pierpaolo Benigno, NBER Working Paper No. 11922, January 2006.

    Atlanta Fed Working Papers

    Fiscal Austerity in Ambiguous Times
    Axelle Ferrière and Anastasios G. Karantounias
    March 2016
    Abstract | Full text in PDF

    Optimal Fiscal Policy with Recursive Preferences
    Anastasios G. Karantounias
    September 2013
    Abstract | Full text in PDF

    Managing Pessimistic Expectations and Fiscal Policy
    Anastasios G. Karantounias
    Revised March 2012
    Abstract | Full text in PDF

  • Curriculum Vitae


    Ph.D., Economics, New York University, 2008

    M.A., Economics, New York University, 2004

    B.Sc., Economics, Athens University of Economics and Business, 2001


    2008: Research Economist and Assistant Policy Adviser, Federal Reserve Bank of Atlanta

    2006: Dissertation Intern, Research and Statistics Division, Federal Reserve Board, Washington, D.C.

    2006: Research Intern, Monetary Policy Strategy Division, European Central Bank, Frankfurt, Germany

    Teaching and Research Assistant Experience

    New York University: Research Assistant for Professor Thomas J. Sargent (winter 2006, summer 2007)

    New York University College of Arts and Sciences: Teaching Assistant for International Economics (spring 2006, spring 2007, summer 2007, fall 2007), Money and Banking (fall 2005), Intermediate Macroeconomics (summer 2005), Principles of Economics–Micro (spring 2005), Principles of Economics–Macro (fall 2004), Quantitative Reasoning in Social Sciences (spring 2004)

    Honors and Fellowships

    The Henry MacCracken Fellowship, New York University

    Awarded B.Sc. in Economics with Excellence (top 1 percent in the period 1985—2001), AUEB Economics

    G. Chalkiopoulos Foundation: Honorary Prizes for Academic Distinction, 1998 and 1999

    Hellenic Republic State Scholarship Foundation (IKY): Prize for high academic achievement, 1997, and prize for entrance to AUEB Economics Department at the General University Entrance Examination, 1996

    Professional Activities

    Conference Presentations

    2009: Society for Economic Dynamics Annual Meeting, Istanbul, Turkey

    2008: Seventh Conference on Research on Economic Theory and Econometrics

    2006: New York Area Workshop on Monetary Policy, New York Fed


    2009: University of Oxford, University of Warwick, Einaudi Institute for Economics and Finance (EIEF), Birkbeck College

    2008: Wharton School, University of Maryland, Penn State, University of Iowa, Federal Reserve Bank of Atlanta

    2007: Chicago Fed, Cornell

    2006: Federal Reserve Board (Research and Statistics Division), European Central Bank (Monetary Policy Strategy Division)