Professor Azariadis works on multiple equilibria and stabilization policy, the dynamics of economic development, and the role of imperfect financial markets in dynamic general equilibrium. He is the inaugural director of the Center for Dynamic Economics (CEDEC). His current research attempts to devise a unified framework for macroeconomics that describes the core behavioral relations of that field as a simple stochastic dynamical system.
Over the last thirty years, Professor Azariadis has published widely in the leading peer-reviewed professional journals, including the American Economic Review, the Quarterly Journal of Economics, and the Review of Economic Studies. His curriculum vita includes about 40 journal articles and 14 book chapters. He authored a graduate level textbook, Intertemporal Macroeconomics, which is widely used. He has lectured in nearly 100 universities nationwide and given many keynote addresses in international conferences. He has also received 10 research grants from domestic and international sources. Professor Azariadis is a Fellow of the Econometric Society and has served as an editor of the Quarterly Journal of Economics, the Journal of Economic Growth, and Macroeconomic Dynamics.
Professor Azariadis has supervised over 40 doctoral dissertations, including 22 as primary adviser. His students hold research positions both domestically (NYU, Harvard, University of Texas-Austin, several Federal Reserve Banks, and the IMF) and abroad (Asia, Europe and Latin America, including a Minister of the current Colombian Government). Known for his dynamism and collegiality, Professor Azariadis’ teaching repertoire includes courses in Monetary Economics, Macroeconomics, and Asset Pricing.
After earning a Diploma in Engineering from the National Technical University in Athens, Greece, Professor Azariadis did his graduate work at Carnegie-Mellon University earning a MBA with Distinction, and later a Ph.D. in Economics. His academic career began as Assistant Professor at Brown University and progressed to the University of Pennsylvania, where he spent 15 years. Prior to joining Arts & Sciences at Washington University, Professor Azariadis served as Distinguished Professor of Economics at the University of California-Los Angeles, where he spent 14 years. Secondary appointments include visits at Princeton, Hebrew University, EHESS, LSE, Autonomous University of Barcelona, the Getulio Vargas Foundation and the University of Vienna.