Vasilis Sarafidis

Assoc Professor

Accepting PhD Students

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Personal profile


Vasilis' background is in the areas of economics and econometrics. He received his BA in Economics with Computing and Quantitative Methods at the University of Sussex and his MPhil in Economics and Econometrics at the University of Cambridge. He completed his PhD in Econometrics in 2006 with a full ESRC scholarship at the University of Cambridge. Before studying for his PhD, he worked as an economist for a private consultancy in the City of London. During that time he led projects involving econometric analysis and modelling for the electricity, water and telecommunications sectors.

As a consultant he advised, among others, Ofwat - Office for Water Services (U.K.), Telestyrelsen - the national telecom agency in Denmark, the Jersey Competition Regulatory Authority, the Electricity Association (U.K.) and Sydney Water Corporation in Australia.

Vasilis' main area of research lies in panel data analysis. His main focus is on factor models, cross-sectional and spatial dependence, and clustering analysis, with applications to crime, the analysis of water demand and empirical I.O. Part of his academic work is publicly available online at In 2009 Vasilis received the Dean's Citation award for high contribution to learning and teaching in the Faculty of Economics and Business at the University of Sydney, while in 2011 he was awarded the Teaching Excellence Award by the Discipline of Operations Management and Econometrics at the University of Sydney.


*Forthcoming Publications*

Zhu, H., Sarafidis V., and M. Silvapulle. A New structural Break Test for Panels with Common Factors. Econometrics Journal, forthcoming.

Bun, M., Kelaher, R., Sarafidis, V., and D. Weatherburn.  Crime, Deterrence and Punishment Revisited. Empirical Economics, 2019.

Related Links:

Research area keywords

  • Econometric Theory and Practice
  • Micro Econometrics
  • Panel Data Analysis

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Projects 2017 2020

Research Output 2006 2019

Income inequality and white-on-black racial bias in the United States: evidence from project implicit and Google trends

Connor, P., Sarafidis, V., Zyphur, M. J., Keltner, D. & Chen, S., Feb 2019, In : Psychological Science. 30, 2, p. 205-222 18 p.

Research output: Contribution to journalArticleResearchpeer-review

Fixed T dynamic panel data estimators with multifactor errors

Juodis, A. & Sarafidis, V., 2018, In : Econometric Reviews. 37, 8, p. 893-929 37 p.

Research output: Contribution to journalArticleResearchpeer-review

Open Access

Unit root inference in generally trending and cross-correlated fixed-T panels

Robertson, D., Sarafidis, V. & Westerlund, J., 2018, In : Journal of Business and Economic Statistics. 36, 3, p. 493-504 12 p.

Research output: Contribution to journalArticleResearchpeer-review

Does persistence in idiosyncratic risk proxy return-reversals?

Nath, H. B. & Sarafidis, V., Oct 2017, In : Journal of Banking and Financial Economics. 2, 8, p. 27-53 27 p.

Research output: Contribution to journalArticleResearchpeer-review

Regression clustering for panel-data models with fixed effects

Christodoulou, D. & Sarafidis, V., 2017, In : Stata Journal. 17, 2, p. 314-329 16 p., st0475.

Research output: Contribution to journalArticleResearchpeer-review