Lucas Papademos

Vice-President of the European Central Bank

Lucas Papademos has been Vice-President and a Member of the Executive Board of the European Central Bank since June 2002. He has been a Member of the Governing Council of the ECB since January 2001.

Previously, he was Governor of the Bank of Greece from 1994 to 2002, Deputy Governor from 1993 to 1994 and Economic Counsellor (Chief Economist) from 1985 to 1993.

From 1975 to 1984, he was lecturer, assistant and associate professor of economics at Columbia University in New York. He also held the position of Senior Economist at the Federal Reserve Bank of Boston in 1980. He has been professor of economics at the University of Athens since 1988 (currently on leave).

Lucas Papademos was born in Athens in 1947. He received a B.S. in physics (1970), an M.S. in electrical engineering (1972) and a Ph.D. in economics (1977), all from the Massachusetts Institute of Technology.

He has published numerous articles and essays. His most recent ones include: "The contribution of monetary policy to economic growth", in Bank-Archiv Journal of Banking and Financial Research, 2004; "Economic cycles and monetary policy" in Monetary Policy, Economic Cycle and Financial Dynamics, Paris: Banque de France, 2004; "Economic heterogeneity, convergence and monetary policy in an enlarged euro area" in the Journal of Economic Asymmetries, 2004; "Policy-making in EMU: strategies, rules and discretion", in Economic Theory, 2006; "Europe's growth performance: fundamental determinants and the role of the financial sector" in "Perspectives on the Performance of the Continent's Economies", Cambridge University Press, forthcoming.

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