Heather D. Gibson


Heather Denise Gibson is a Scottish economist currently serving as Director-Advisor to the Bank of Greece. She was the spouse of Euclid Tsakalotos, former Greek Minister of Finance.

Academic career

Before assuming her duties at the Bank of Greece and alternating child-rearing duties with her husband, Gibson worked at the University of Kent, where she published two volumes on international exchange rate mechanisms and wrote numerous articles on this and other topics, sometimes in cooperation with her husband, who was teaching at Kent at the time.

Personal life

Gibson first came to Greece in 1993, with her husband, with whom she took turns away from their respective economic studies to raise their three children while the other worked.
The couple maintain two homes in Kifisia, along with an office in Athens and a vacation home in Preveza. In 2013, this proved detrimental to Tsakalotos and his party when his critics began calling him «αριστερός αριστοκράτης», while newspapers opposed to the Syriza party seized on his property holdings as a chance to accuse the couple of hypocrisy for enjoying a generous lifestyle in private while criticizing the "ethic of austerity" in public. One opposition newspaper published on the front page criticism reasoning that Tsakalotos own family wealth came from the same sort of investments in companies as made by financial institutions JP Morgan and BlackRock.

Works

Editor

Books

Articles and papers

  • "Fundamentally Wrong: Market Pricing of Sovereigns and the Greek Financial Crisis," Journal of Macroeconomics, Elsevier, vol. 39, pp. 405–419
  • "Capital flows and speculative attacks in prospective EU member states"
  • "A Unifying Framework for Analysing Offsetting Capital Flows and Sterilisation: Germany and the ERM"
  • "Internal vs External Financing of Acquisitions: Do Managers Squander Retained Profits"
  • "Are Aggregate Consumption Relationships Similar Across the European Union"
  • Takeover Risk and the Market for Corporate Control: The Experience of British Firms in the 1970s and 1980
  • "The Impact of Acquisitions on Company Performance: Evidence from a Large Panel of UK Firms"
  • "Short-Termism and Underinvestment: The Influence of Financial Systems"
  • "Testing a Flow Model of Capital Flight in Five European Countries"
  • . researchgate.net. Recovered 7 July 2015