Előd Takáts
Előd Takáts has extensive experience in studying how macroeconomic and financial developments interact. As a member of the Financial Systems and Regulation unit, he provides analytical support for the international regulatory reform agenda. He also represents the BIS on the Basel Committee's Macroprudential Supervision Group, and on the Financial Stability Board's working groups, including the Derivatives Assessment Team. Furthermore, a visiting fellowship at the London School of Economics allows him to combine academic and policy work. Previously, he helped to organise the BIS's bimonthly and other meetings for central banks. His policy work has focused on emerging markets, particularly those of central and eastern Europe. Before joining the BIS in 2009, his career at the International Monetary Fund covered several departments and countries, the last one being China. He took part in surveillance and program missions, and in financial sector assessments. He earned his PhD in finance at Princeton University.
Fields of interest
- Finance
- International economics
- Macroeconomics
- Exchange rate pass-through: what has changed since the crisis?" (with R Moessner), International Journal of Central Banking, forthcoming.
- Can macroprudential measures make cross-border lending more resilient? Lessons from the taper tantrum" (with J Temesvary), International Journal of Central Banking, forthcoming.
- " "Monetary policy spillovers and currency networks in cross-border bank lending: lessons from the 2013 Fed Taper Tantrum" (with S Avdjiev), Review of Finance, 2018.
- " 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.
- " Age and inflation" (with M Juselius), Finance and Development, 2016.
- " Interest rate liberalization in China" (with T Feyziouglu and N Porter), IMF Working Paper, 2009.
- " Australian Bank and Corporate Sector Vulnerabilities" (with P Tumbarello), IMF Working Paper, 2009.
- " Tax rate cuts and tax compliance - the Laffer curve revisited" (with T K Papp), IMF Working Paper, 2008.
- " "Bank consolidation and small business lending", ECB Working Paper Series, 2004.