Plutarchos Sakellaris

Associate Professor of Economics
Department of Economics
University of Maryland
College Park, MD 20742
Tel: 301-405-3509
Email: plutarch@electra.umd.edu

Plutarchos Sakellaris, Associate Professor, received his Ph.D. from Yale University in 1992. He joined the faculty at Maryland in 1991. He spent the 1998-99 year as a Visiting Scholar at the Board of Governors of the Federal Reserve. His research focuses on firm investment decisions and their valuation in the stock market, the interaction between business cycles and education, and providing direct estimates of embodied technological change and exploring the implications for a "new economy." He teaches undergraduate and graduate courses in macroeconomics. Recent publications include: "Irreversible Capital and the Stock Market Response to Profitability Shocks," International Economic Review, 1997; "Non-linear Response of Firm Investment to Q: Testing a Model of Convex and Non-convex Adjustment Costs" (with Steven Barnett), Journal of Monetary Economics, 1998; "Human Capital Formation and Business Cycle Persistence," (with Roberto Perli), Journal of Monetary Economics, 1998; "Business Cycles and Human Capital Investment: International Evidence on Higher Education" (with Antonio Spilimbergo), Carnegie-Rochester Series on Public Policy, 2000.