Konstantinos Efstathiou
Former Affiliate Fellow
Konstantinos, a Greek citizen, works in Bruegel as an Affiliate Fellow in the Macroeconomics and Governance area. Before joining Bruegel, Konstantinos was at the European Commission, as a Blue Book Trainee in the Cabinet of President Juncker. He also interned at the Central Bank of Luxembourg (BCL) as a research assistant, involved in projects related to the Wage Dynamics Network (WDN) research group.
He holds a Master in International Economics and International Relations from the Johns Hopkins University School of Advanced International Studies (SAIS), where he specialized in Quantitative Methods and European Studies.
Konstantinos’ research interests include macroeconomics, European economic governance and international economics.
Konstantinos is a native speaker of Greek, speaks fluent English and has good knowledge of French.
Featured work
What drives implementation of the European Union’s policy recommendations to its member countries?
Article published in the Journal of Economic Policy Reform.
Analysis of developments in EU capital flows in the global context
This report presents an overview of the recent trends of capital flows, focused especially on the past year. It provides a detailed analysis at the gl
EU policy recommendations: A stronger legal framework is not enough to foster national compliance
In 2011, the EU introduced stricter rules to monitor the implementation of country-specific policy recommendations. Using a new dataset, this column i
The breakdown of the covered interest rate parity condition
A textbook condition of international finance breaks down. Economic research identifies the interplay between divergent monetary policies and new fina
All work
External publication
13 April 2022
What drives implementation of the European Union’s policy recommendations to its member countries?
Article published in the Journal of Economic Policy Reform.
External publication
16 March 2020
Analysis of developments in EU capital flows in the global context
This report presents an overview of the recent trends of capital flows, focused especially on the past year. It provides a detailed analysis at the gl
Opinion piece
23 July 2019
EU policy recommendations: A stronger legal framework is not enough to foster national compliance
In 2011, the EU introduced stricter rules to monitor the implementation of country-specific policy recommendations. Using a new dataset, this column i
Blog post
01 July 2019
The breakdown of the covered interest rate parity condition
A textbook condition of international finance breaks down. Economic research identifies the interplay between divergent monetary policies and new fina
External publication
19 June 2019
Soaring house prices in major cities: how to spot and moderate them
This article examines whether there are regional differences in house price growth within European countries and find a stronger cyclical pattern in c
Blog post
17 June 2019
The campaign against ‘nonsense’ output gaps
A campaign against “nonsense” consensus output gaps has been launched on social media. It has triggered responses focusing on the implications of outp
Blog post
27 May 2019
The next ECB president
On May 28th, EU heads of state and government will start the nomination process for the next ECB president. Leaving names of possible candidates aside
Blog post
20 May 2019
The latest European growth-rate estimates
The quarterly growth rate of the euro area in Q1 2019 was 0.4% (1.5% annualized), considerably higher than the low growth rates of the previous two qu
Blog post
29 April 2019
Breaking up big companies and market power concentration
Senator Elizabeth Warren proposes the break-up of big tech companies. A report for the UK government presents another approach for regulating the digi
Working paper
25 April 2019
What drives national implementation of EU policy recommendations?
The authors use a newly-compiled dataset to investigate whether and why European Union countries implement the economic policy recommendations they re