Nikolaos Koutounidis

PhD in Economics

About Me

I’m a final-year PhD candidate on the 2025–26 academic job market. My research maps aggregate shocks into household decisions and regional outcomes with credible identification, guided by a micro-to-macro approach that combines large-scale administrative data and causal inference. My job-market paper reveals a stark split in how U.S. households restructure debt after income windfalls. A defining feature of my doctoral work has been proactively securing innovative data by establishing partnerships with industry providers. I strive to publish open, reproducible tools to support my research.

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Interests

Empirical Macroeconomics
Household Economics & Finance
Energy Economics (Oil & Gas)
Regional Economics

Education

PhD in Economics (expected)
Ghent University, BE
Visiting Scholar Opportunity Insights
Harvard University, US
Visiting Student at Darden School
University of Virginia, US
M.Sc. in Economics and Business
Erasmus University Rotterdam, NL
B.Sc. in Economics
University of Macedonia, GR

Job Market Paper

Nikolaos Koutounidis, Elena Loutskina, Daniel Murphy (2025). The heterogeneous reactions of household credit to income shocks.

Publications

Selien De Schryder, Nikolaos Koutounidis, Koen Schoors, Johannes Weytjens (2025). Assessing the heterogeneous impact of COVID-19 on consumption using bank transactions. Journal of Macroeconomics, 84, 103677

Code Dataset Source Document Interactive Dashboard

Paul Alagidede, Nikolaos Koutounidis, Theodore Panagiotidis (2017). On the stability of the CAPM before and after the financial crisis: Panel evidence from the Johannesburg Securities Exchange. African Review of Economics and Finance, 9(1)

PDF Source Document

Work in Progress

Therese Bastin, Nikolaos Koutounidis, Ilan Tojerow, Milan Van Den Heuvel, Constantine Yannelis (2025). Behavioural answers to top-financial wealth tax: evidence from Belgium.

Selien De Schryder, Nikolaos Koutounidis (2025). Global Oil Price Shocks Effects on the US Economy: The Role of Cross-State Heterogeneity in Shale Oil Production Levels.