Elias Papaioannou is a Professor of Economics at the London Business School, where he co-directs the Wheeler Institute for Business and Development. Elias, a Fellow of the British Academy, serves as a Managing Co-Editor of the Review of Economic Studies.
He holds an LL.B. from the Law School of the National Kapodistrian University of Athens, a Master's in Public Administration (MPA) from Columbia University, and a Ph.D. in Economics from the London Business School. After completing his doctorate in 2005, he worked for two years at the Financial Research Division of the European Central Bank. From 2007 to 2012, he worked as an Assistant Professor at Dartmouth College. Between 2010 and 2012, he served as a Visiting Assistant Professor in the Economics Department at Harvard University, and in 2019-2020, he was the Hal Varian Visiting Professor at MIT's Department of Economics.
His research covers international finance, political economy, economic history, growth, and development. He has published in leading peer-reviewed journals, including Nature, Econometrica, the Review of Economic Studies, the Quarterly Journal of Economics, the Journal of Political Economy, the American Economic Review, and the Journal of Finance. His research has been recognized with the 2013 European Investment Bank Young Economist Award, the 2005 Young Economist Award from the European Economic Association, and the 2008 Austin Robinson Memorial Prize from the Royal Economic Society for the best paper published in the Economic Journal. In 2018, Elias received a European Research Council (ERC) consolidator grant for research on African economic history.
Recent work by Elias Papaioannou
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An improved nighttime-lights dataset for development research
A new adjusted and harmonised satellite nighttime-lights series for 1992–2023 tracks local development in the Global South more accurately than the off-the-shelf data – especially in panels and at fine spatial resolution.
Published 09.06.26
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How refugees continue to positively shape the Greek economy over a century after they arrived
From 1922 to 1923, over 1.2 million Greek Orthodox migrated from Anatolia to Greece, raising its population by 20%. How did the human capital decisions of refugees differ from natives, and how do they continue to impact the Greek economy today?
Published 08.05.25
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Forced displacement and human capital: Evidence from Mozambique
Conflict-driven displacement can trigger structural transformation, but can also cause long-lasting social and psychological trauma
Published 11.04.22
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Africa's lands of opportunity
Which African countries have the best, and worst, intergenerational mobility?
Published 24.01.20
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Intergenerational mobility in Africa
Digging below aggregate statistics highlights the significant inequalities in social mobility in Africa despite rising educational levels
Published 20.06.19
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Historical legacies and African development
The effect of colonisation on Africa’s modernisation is a highly contentious and emotional debate. The reality is trickier than you think.
Published 01.03.19
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What are the economic effects of landmine clearance?
Demining in Mozambique had a significant impact on the economy due to large positive spillovers
Published 17.08.18
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The economics of clearing land mines
How does the clearance of land mines impact economic activity in Mozambique? Elias Papaioannou sheds some insight using geographical and micro-level economic data.
Published 16.03.18