Imperial College London

Alexander Michaelides

Business School

Professor of Finance



a.michaelides Website CV




1.06B53 Prince's GateSouth Kensington Campus






Personal Website

Alexander Michaelides is a Professor of Finance at Imperial College Business School since September 2013, and Research Fellow at CEPR (International Macroeconomics and Financial Economics Programmes).

Alexander Michaelides' research interests include household finance (for example, portfolio choice over the life cycle), asset pricing with heterogeneous agents and financial frictions, housing markets and topics in the intersection of macroeconomics and finance.

Alexander was previously a lecturer (2001-2006) and associate professor (2006-2010) at the Department of Economics, London School of Economics, and a professor of finance at the Department of Public and Business Administration, University of Cyprus in 2010-2014. Before that he was lecturer (1998-2000) and assistant professor (2000-2001) at the Department of Economics, University of Cyprus.

He holds a Ph.D. in Economics from Princeton University (1997) and a B.A. in Economics from Harvard (1993).

He has held visiting scholar positions at the Federal Reserve Bank of New York and the Board of Governors of the Federal Reserve System, was a Wim Duisenberg Research Fellow at the European Central Bank (2012) and a senior researcher at the Central Bank of Cyprus (2009-2010). Between May 2013 and November 2013 he was a non-executive member of the Board of Directors of the Central Bank of Cyprus. He has also served as Head of the Department of Finance at Imperial College Business School between October 2014 and April 2021.



Michaelides A, 2024, Stock Market Ownership Transitions, Management Science, ISSN:0025-1909

Kiyotaki N, Michaelides A, Nikolov K, 2023, Housing, distribution and welfare, Journal of Money, Credit and Banking, ISSN:0022-2879

Gomes F, Michaelides A, Zhang Y, 2022, Tactical target date funds, Management Science, Vol:68, ISSN:0025-1909, Pages:2377-3174

Michaelides A, Zhang Y, 2022, Life-cycle portfolio choice with imperfect predictors, Journal of Banking and Finance, Vol:135, ISSN:0378-4266, Pages:1-22

Coutinho L, Georgiou D, Heracleous M, et al., 2022, Limiting fiscal procyclicality: Evidence from resource-dependent countries, Economic Modelling, Vol:106, ISSN:0264-9993

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