
Professor Dimitrios P. Tsomocos is a Professor of Financial Economics at Saïd Business School and a Fellow in Management at St Edmund Hall, University of Oxford.
Dimitrios' research has had a substantial impact on economic policy around the world. In particular, he analyses issues of contagion, financial fragility, interbank linkages and the impact of the Basel Accord and financial regulation in the macroeconomy, using a General Equilibrium model with incomplete asset markets, money and endogenous default. He is working towards designing a new paradigm of monetary policy, financial stability analysis and macroprudential regulation.
A mathematical economist by trade, his main areas of expertise include:
He co-developed the Goodhart – Tsomocos model of financial fragility in 2003 while working at the Bank of England. The impact has been significant and more than ten central banks have calibrated the model, including the Bank of Bulgaria, Bank of Colombia, Bank of England and the Bank of Korea. Nowadays, he is collaborating with researchers from the ECB, the Central Bank of the Russian Federation and the Bank of Chile to implement an updated version of the model, together with professor Udara Peiris. In 2011, Dimitrios provided testimony to House of Lords for the Economic and Financial Affairs and International Trade Sub Committee's report, 'The future of economic governance in the EU'.
Dimitrios has been an economic advisor to one of the main political parties in Greece and regularly provides commentary on the state of the Greek economy to local and international media. He has worked with central banks in countries including England, Bulgaria, Colombia, Greece, Korea and Norway to implement the Goodhart – Tsomocos model and advise them on issues of financial stability. He has also served as a Senior Research Associate at the Financial Markets Group at the London School of Economics.
Phone: +44.1865.288.932
E-Mail: dimitrios.tsomocos@sbs.ox.ac.uk
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Office address:
Saïd Business School
Park End Street
Oxford OX1 1HP
United Kingdom