Előd Takáts monitors emerging markets focusing on Central and Eastern Europe. He earned his PhD in financial economics at Princeton University in 2006. Prior his PhD he worked in banking. During his studies, he conducted research at the European Central Bank and at the Federal Reserve Bank of New York. After graduation, he worked for the International Monetary Fund in the Western Hemisphere; the Strategy, Policy and Review; and the Monetary and Capital Markets Departments. He conducted surveillance missions, worked on country programs and during his last assignment he was the monetary economist for China. He joined the Bank for International Settlements in 2009, where he organises policy meetings for emerging market central bankers and provides background analytics for ongoing policy work. His research focuses on issues particularly relevant for emerging market policy makers, such as cross-border financial flows or macroprudential measures.
Fields of interest
- International economics
- A Theory of "Crying Wolf": The Economics of Money Laundering Enforcement, Journal of Law, Economics, and Organization, 2009
- Promotions, Dismissals, and Employee Selection: Theory and Evidence (with A. Frederiksen), Journal of Law, Economics, and Organization, 2009
- Australian Bank and Corporate Sector Vulnerabilities (with P. Tumbarello), IMF Working Paper 09/223, 2009.
- Interest Rate Liberalization in China (with T. Feyziouglu and N. Porter), IMF Working Paper 09/171, 2009.
- Tax Rate Cuts and Tax Compliance - The Laffer Curve Revisited (with T. K. Papp), IMF Working Paper 08/7, 2008.
BIS Research papers
BIS Papers No 73
Other authors: Torsten Ehlers
Working Papers No 416
Other authors: Christian Upper
BIS Quarterly Review December 2012
BIS Papers No 67
Working Papers No 385
Other authors: Kiyohiko G Nishimura
BIS Quarterly Review June 2012
BIS Papers No 57
Other authors: Agustín Villar
BIS Papers No 54
Working Papers No 318
Was it credit supply? Cross-border bank lending to emerging market economies during the financial crisis
BIS Quarterly Review June 2010