Chletsos Theologos - Michail

Additional Info

  • Full Name:

    Chletsos Theologos - Michail

  • Role:


  • Department:

    Department of Economics

  • Office:

    529/Main Bld.

  • Phone/Fax:

    +30 210 4142403

  • E-mail:

  • Dr Michael Chletsos is Professor of Economic Analysis at the Department of Economics at the University of Piraeus. He received his Bachelor Degree in Economics from the Athens Economic University, Athens, Greece, his Master in Economics from the Institut d’Etudes du Developpement Economique et Social (IEDES) University of Paris I - Univerisity of Picardie – France and his PhD in Economics from the University Univerisity of Picardie – France. He is currently Director of the Postgraduate Programme “Economics of Education” of his Department.

    He has also taught at the University of Thessaly, the University of Crete and the University of Ioannina. He was vice head of the Dept. of Economics and Director of the laboratory of Applied Economic and Social Policy at the University of Ioannina. He has served as Head of the department of Economics at the University of Ioannina for 4 years and Director of the graduate program in economics for the period 2003 – 2009 and from 2012 until 2018. He was also an academic member of the School of Economics and Business at the University of Ioannina. He also teaches at the Graduate Program “Management of Health Units” and the postgraduate program “Management of Aging and Chronic Diseases” at the Hellenic Open University.  He is an active member in the Academic Committee of the postgraduate programme “Management of Aging and Chronic Diseases” at the Hellenic Open University.

    He was a senior researcher at the National Labour Institute and the Centre of Planning and Economic Research and Director of the Research Department of the Employment Observatory Research and Informatics S.A. He has been elected by Cedefop to serve as National Expert in skills forecasting and labour market developments. His research interests are: labour economics, public economics, health economics and economics of social protection, poverty and income inequalities, and economics of education.

    He has participated in several international conferences and in various national and international projects concerning health issues, immigration issues, poverty and social exclusion issues, employment issues, labour market forecasts issues, the role of minimum wagd and labour market institutions, employment policies, pensions issues, minimum income schemes and social exclusion issues. He has been researcher in projects concerning health issues such as RT3S Micro – Health Economic Analysis, FP7, Report  on the Application of DRGs in Greece, “Analysis of the sources of revenues and developing mechanisms to monitor and control public expenditures” and “Monitoring financial protection in health systems: Developing new evidence in European countries. The case of Greece. He published various articles in international referred journals and he is author of books in the area of health economics, economics of social policy, public economics and labour economics (in Greek).

  • Undergraduate courses

    • Economics of Social Protection (4th semester) - elective
    • Economics of Education (5th semester) - elective
    • Economics of Poverty and Income Inequalities (8th semester) - elective
    • Introduction to Macroeconomics I (1o semester) - mandatory (with Pantelidis Pantelis)
    • Macroeconomics I (3o semester) - mandatory

    Graduate courses

    M.Sc. Economics of Education

    • Economics of Education (1st semester) - mandadory
    • Educational Policies and applications (2nd semester) - elective


    Erasmus courses

    • Economics of Social Protection (4th semester) - elective
    • Economics of Education (5th semester) - elective
    • Economics of Poverty and Income Inequalities (8th semester) - elective
  • Publications in Referred Journals

    1. Chletsos, M. & Roupakias, S. 2019. Do immigrants compete with natives in the Greek labour market? Evidence from the skill-cell approach before and during the Great Recession, The B.E. Journal of Economic Analysis and Policy, (forthcoming)
    2. Mylonidis, N., Chletsos, M. & Barbagianni, V. 2019. Financial exclusion in the USA: Looking beyond demographics, Journal of Financial Stability, 40 : 144-148
    3. Chletsos, M. & Roupakias, S. 2018. The effect of military spending on income inequality: Evidence from NATO countries, Empirical Economics, (published online: DOI: 10.1007/s00181-018-1576-7)
    4. Chletsos, M. & Roupakias, S. 2017. Defense Spending and Unemployment. Evidence from Southern European Countries, Peace Economics, Peace Science and Public Policy, 23(1): 1 – 36
    5. Chletsos, M. & Roupakias, S. 2017. Native – immigrant wage differentials in Greece : discrimination and assimilation, Applied Economics, vol. 49, No 17: 1732 – 1736
    6. Chletsos, M., Drosou, V. & Roupakias, S. 2016. Can Phillips curve explain the recent behavior of inflation? Further evidence from USA and Canada, Journal of Economic Asymmetries, 14: 20-28.
    7. Chletsos, M. & Kollias, C. 1997. Testing Wagner’s law using disaggregated public expenditure data in the case of Greece: 1958 – 1993”, Applied Economics, vol. 29, No 3: 371 – 377
    8. Chletsos, M. & Kollias, C. 1995. Defense spending and growth in Greece 1974 – 1990: some preliminary econometric results, Applied Economics, vol. 27, No 9 : 883 – 890


    Working Papers

    1. Chletsos, M., & Roupakias, S. Education and wage inequality before and during the fiscal crisis: A quantile regression analysis for Greece 2006-2016, (under review in “Review of Development Economics”).
    2. Chletsos, M. & Roupakias, S. Immigration and far-right voting. Evidence from Greece, (under review in “The Annals of Regional Science”)
    3. Chletsos, M. & Roupakias, S. Does homeownership matter for unemployment? Evidence from five decades, (with Michael Chletsos) (Working Paper, 2018)
    4. Chletsos, M. & Sintos, A. Investigating the relationship between firm characteristics, firing costs and employment growth in developing countries
    5. Chletsos, M. & Sintos, A. The impact of financial fragility on employment
    6. Chletsos, M. Mylonidis, N. & Sintos, A. The health effects of IMF – supported programs: A cross-country analysis
    7. Chletsos, M. & Sintos, A. The effects of IMF on income inequality: A semi-parametric treatment effects approach
    8. Chletsos, M. & Sintos, A. The effects of IMF conditional programs on unemployment rate
    9. Barmpagianni, V. & Chletsos, M. The impact of economic crisis on health status in Greece
    10. Barmpagianni, V. & Chletsos, M. The impact of the structural reforms of the Greek economy on the health status of unemployed
    11. Chletsos, M. & Exarchos, K. The impact of taxation on income inequality: Evidence from OECD countries during the period 1995 – 2013.


     Supervision of PhD Theses (completed)

    1. Roupakias, S. 2012. Essays on the Economics of Immigration, Πανεπιστήμιο Ιωαννίνων
    2. Dimou, S. 2012. Essays in Health Economics, Πανεπιστήμιο Ιωαννίνων
    3. Giotis, G. 2014. Essays on labor economics: the employment effect of minimum wages, Πανεπιστήμιο Ιωαννίνων


    Supervision of PhD Theses (in progress)

    1. Barmpagianni, V. (2016 – present). Essays in Health Economics (Χρηματοδοτούμενη από το ΕΛΙΔΕΚ), Πανεπιστήμιο Ιωαννίνων
    2. Exarchos, K. (2017 – present). Essays in Public Economics, Πανεπιστήμιο Ιωαννίνων
    3. Sintos, A. (2018 – present). Essays in Labour Economics (Χρηματοδοτούμενη από το ΙΚΥ), Πανεπιστήμιο Ιωαννίνων

    1. Chletsos, M. & Saiti, A. 2019. Strategic Management and Economics in Health Care, Springer International Publishing (forthcoming)

    2. Chletsos, M. 2011. Health Economics, Patakis Publishers, Athens (in greek)

    3. Chletsos, M. 2011. Economics of Social Protection, Patakis Publishers, Athens (in greek)

    4. Chletsos, M. 2008. From welfare to work. New Trends and Challenges in Social Protection, Kritiki Publishers, Athens (in greek)

    5. Dikaios, K. & Chletsos, M. 1999. Health Policy / Social Policy, vol. B, "Health services. Hospital, idiosyncrasies and challenges", Hellenic Open University, Patra (in greek)

    6. Robolis, S & Chletsos, M. 1995. Social-Policy after the crisis of the welfare state, Paratiritis Publishers, Thessaloniki (in greek)



    1. Chletsos, M. 2017. Health Economics, Hellenic Open University and University of Thessaly (in greek)

    2. Chletsos, M. 2017. Insurrance Organizations - Support Structures, Hellenic Open University and University of Thessaly (in greek)



    1. Palivos, T. & Chletsos, M. 2007. Employment Policies and Unemployment, No 13, Employment Observatory Research Infromatics S.A. (in greek)

    2. Palivos, T. & Chletsos, M. 2006. Modeling the Greek Labour Market : Trends and Forecasts, No 5, Employment Observatory Research Infromatics S.A. (in greek)

  • Fall semester 2019 - 2020

    • Wednesday,   11:00-12:00  and 18:00 - 19:00
    • Thursday, 14:00-15:00