Michael Haliassos holds the Chair in Macroeconomics and Finance at Goethe University Frankfurt, is Director of the Center for Financial Studies (CFS), and Coordinator of the new Center of Excellence on a Sustainable Architecture for Finance in Europe (SAFE). He is a Research Fellow of CEPR (London), of NETSPAR (The Netherlands), and of the Centre for Finance and Credit Markets (University of Nottingham, UK). He is one of eleven members of the Greek National Council on Research and Technology and advisor to the ECB on the construction of a Eurozone Survey of Household Finances and Consumption. Haliassos received a B.A. from Cambridge University, and a Ph.D. in Economics from Yale University under the supervision of Nobel laureate James Tobin. He was among the pioneers in the research area of household finance and has co-edited Household Portfolios (MIT Press, 2002), which has become a standard reference in the field. He recently co-edited a special issue of the Review of Finance on household finance (2012), and edited Financial Innovation: Too Much or Too Little? which is forthcoming from MIT Press in 2013.