Stefanos  Delikouras

Stefanos Delikouras

Assistant Professor, Finance

Research Interests

Asset pricing; behavioral finance; financial macroeconomics; household finance; and investor behavior

Featured Publications

  • “Income hedging, dynamic style preferences, and return predictability,” with J. Addoum, G. Korniotis, and A. Kumar, Journal of Finance, Forthcoming

    “Consumption-income sensitivity and portfolio choice,” with J. Addoum and G. Korniotis, Review of Asset Pricing Studies, Vol. 9, Issue 1, June 2019, pp. 91-136

    “A single-factor consumption-based asset pricing model,” with A. Kostakis, Journal of Financial and Quantitative Analysis, Vol. 54, Issue 2, Apr. 2019, pp. 789-827

    “Where’s the kink? Disappointment events in consumption growth and equilibrium asset prices,” Review of Financial StudiesVol. 30, Issue 8, Aug. 2017, pp. 2851 – 89

    "The human capital that matters: Expected returns and high-income households," with S. Campbell, D. Jiang, and G. Korniotis, Review of Financial StudiesVol. 29, Issue 9, Sep. 2016, pp. 2523 –

Teaching and Professional Experience

  • Assistant Professor, Finance, University of Miami Business School, 2013 - Present
  • Instructor/Research Assistant, University of Michigan, Ross School of Business, 2008 - 2013
  • Sales, NS Delikouras and Co (Volos, Greece), 2003 - 2004, 2007 - 2008
  • First Sergeant, Telecoms and Cryptography Division, Greek Army, Marine Corps (Volos, Greece), 2006 - 2007
  • Junior Financial Analyst, M&A Department, Intracom SA, Telecom and Electronics Industry (Athens, Greece), 2002


  • Ph.D., Finance, University of Michigan, Ross School of Business, 2013
  • M.S., Economics, University of Michigan, Department of Economics, 2012
  • M.S., Financial Engineering, University of Michigan, College of Engineering, 2005
  • B.B.A., Banking and Finance, University of Piraeus (Athens, Greece), 2003

Honors and Awards

  • Flamholtz Award for academic excellence during doctoral studies, 2012
  • Rodkey Fellowship and Ross School of Business Fellowship, 2008 - 2012
  • Fulbright Scholarship, 2004
  • University of Michigan College of Engineering Fellowship, 2004
  • Gerondelis Foundation Fellowship for graduate studies in the US, 2004

Additional Links

Stefanos  Delikouras


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