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Vasia Panousi

Senior Economist

Fiscal Analysis Section

Research and Statistics

202-973-7483
vasia.panousi@frb.gov
Education
  • Ph.D., Economics, Massachusetts Institute of Technology, 2008
  • M.Sc., Economics, Athens University of Economics and Business, 2002
  • B.Sc., Economics, Athens University of Economics and Business, 2001
  • Current Research Topics

  • Optimal Capital Taxation
  • Business Income Risk
    • Economist

      Board of Governors of the Federal Reserve System

    • 2008 - 2014
    • Senior Economist

      Board of Governors of the Federal Reserve System

    • 2014 - present
  • DeBacker, Jason, Bradley Heim, Shanthi Ramnath, Vasia Panousi, and Ivan Vidangos (2013). "Rising Inequality: Transitory Or Persistent? New Evidence from a Panel of U.S. Tax Returns," Brookings Papers on Economic Activity, Spring, pp. 67-122.
  • DeBacker, Jason Matthew, Bradley T. Heim, Vasia Panousi, Shanthi Ramnath, and Ivan Vidangos (2012). "The Properties of Income Risk in Privately Held Businesses," Finance and Economics Discussion Series 2012-69. Board of Governors of the Federal Reserve System (U.S.).
  • Panousi, Vasia, and Catarina Reis (2012). "Optimal Capital Taxation with Idiosyncratic Investment Risk," Finance and Economics Discussion Series 2012-70. Board of Governors of the Federal Reserve System (U.S.).
  • Panousi, Vasia, and Dimitris Papanikolaou (2012). "Investment, Idiosyncratic Risk, and Ownership," Journal of Finance, vol. 67, no. 3, pp. 1113-1148.
  • Angeletos, George-Marios, and Vasia Panousi (2011). "Financial Integration, Entrepreneurial Risk and Global Dynamics," Journal of Economic Theory, vol. 146, no. 3, pp. 863-896.
  • Angeletos, George-Marios, and Vasia Panousi (2009). "Revisiting the Supply Side Effects of Government Spending," Journal of Monetary Economics, vol. 56, no. 2, pp. 137-153.
  • Panousi, Vasia (2010). "Capital Taxation with Entrepreneurial Risk," Finance and Economics Discussion Series 2010-56. Board of Governors of the Federal Reserve System (U.S.).
  • DeBacker, Jason, Bradley Heim, Vasia Panousi, and Ivan Vidangos (2011). "Rising Inequality: Transitory Or Permanent?: New Evidence from a U.S. Panel of Household Income 1987-2006," Finance and Economics Discussion Series 2011-60. Board of Governors of the Federal Reserve System (U.S.).
  • Panousi, Vasia, and Dimitris Papanikolaou (2011). "Investment, Idiosyncratic Risk, and Ownership," Finance and Economics Discussion Series 2011-54. Board of Governors of the Federal Reserve System (U.S.).
  • Panousi, Vasia, and George-Marios Angeletos (2010). "Financial Integration, Entrepreneurial Risk and Global Dynamics," Finance and Economics Discussion Series 2010-54. Board of Governors of the Federal Reserve System (U.S.).
  • Angeletos, George-Marios, and Vasia Panousi (2009). "Revisiting the Supply-Side Effects of Government Spending," Finance and Economics Discussion Series 2009-01. Board of Governors of the Federal Reserve System (U.S.).
  • seminar

    2008

    MIT, Federal Reserve Board, Georgetown University, Indiana University, Kellogg School of Management, New York Fed, University of Notre Dame

    Capital Taxation with Entrepreneurial Risk

  • seminar

    2008

    Tufts University, Federal Reserve Bank of Chicago

    Capital Taxation with Entrepreneurial Risk

  • conference

    2008

    SED Annual Meeting, NSF/NBER Conference on General Equilibrium and Mathematical Economics

    Capital Taxation with Entrepreneurial Risk

  • seminar

    2009

    Bern University, Catolica University, Bank of Portugal, London School of Economics, Federal Reserve Bank of Minneapolis

    Capital Taxation with Entrepreneurial Risk

  • conference

    2009

    Max Plank Institute Bonn

    Capital Taxation with Entrepreneurial Risk

  • conference

    2009

    Max Plank Institute Bonn

    Capital Taxation with Entrepreneurial Risk

  • seminar

    2009

    MIT, Federal Reserve Bank of Minneapolis

    Financial Integration, Entrepreneurial Risk and Global Dynamics

  • conference

    2007

    SED annual meeting

    Revisiting the Supply-Side Effects of Government Spending

  • seminar

    2010

    Catolica University, Bank of Portugal

    Rising Inequality: Transitory or Permanent? New Evidence from a Panel of US Tax Returns 1987-2006

  • conference

    2010

    NBER Summer Institute

    Rising Inequality: Transitory or Permanent? New Evidence from a Panel of US Tax Returns 1987-2006

  • conference

    2011

    NBER Summer Institute, Federal Reserve Bank of St Louis, EEA

    Rising Inequality: Transitory or Permanent? New Evidence from a Panel of US Tax Returns 1987-2006

  • seminar

    2011

    Johns Hopkins University

    Financial Integration, Entrepreneurial Risk and Global Dynamics

  • seminar

    2011

    Federal Reserve Bank of San Francisco

    Rising Inequality: Transitory or Permanent? New Evidence from a Panel of US Tax Returns 1987-2006

  • seminar

    2011

    Treasury Department

    Capital Taxation with Entrepreneurial Risk

  • seminar

    2011

    Bank of Portugal

    Optimal Capital Taxation with Entrepreneurial Risk

  • discussion

    2011

    NBER Chinese Economy Working Group Meeting

    Buffer Stock Saving

  • seminar

    2012

    Census, Brookings, Indiana, SED, Portuguese Economic Journal, Konstanz

    Properties of Income Risk in Privately Held Businesses

  • seminar

    2013

    NY Fed, Western Ontario

    Heterogeneity and Risk in Privately Held Businesses

  • seminar

    2013

    Bank of Portugal, North Carolina State, Toulouse School of Economics

    Optimal Capital Taxation with Idiosyncratic Investment risk

  • seminar

    2014

    Arizona State, CIREQ Montreal Macroeconomics Conference

    Optimal Capital Taxation with Idiosyncratic Investment risk

  • seminar

    2014

    Middle Tennessee State, Concordia, McGill, NBER Summer Institute

    Heterogeneity and Risk in Privately Held Businesses

Awards

  • 2002

    Massachusetts Institute of Technology

    Presidential Fellowship

  • 2003

    Massachusetts Institute of Technology

    Presidential Fellowship

  • 2004

    Massachusetts Institute of Technology

    George and Maria Vergotis Fellowship

  • 2005

    Massachusetts Institute of Technology

    Ida Green Fellowship

  • 2002

    Onassis Foundation, Greece

    Onassis Foundation Scholarship

  • 1997

    Hellenic State Scholarship Foundation

    State Scholarship

  • 1997

    G. Chalkiopoulos Foundation, Greece

    G. Chalkiopoulos Scholarship

Referee

  • American Economic Review
  • Journal of Monetary Economics
  • Review of Economic Dynamics
  • American Economic Journal: Macro
  • Journal of the European Economic Association
  • Review of Economic Studies
  • Journal of Fincance

Professional Affiliation

  • American Economic Association
  • European Economic Association
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Last update: December 8, 2014