Takáts Előd
Elod Takats
12/12/2009
In Budapest...
...between the Bank Center and the Central Bank headquarters...
...enjoying the summer sun.
Sailing with good wind.
Contact
elod at alumni dot princeton dot edu
Employment
Bank for International
Settlements, Economist, 2009-
Policy and Coordination Group, Emerging Markets
International Monetary Fund, Economist, 2006-2009
Monetary and Capital Markets Department
Asia/Pacific and Western Hemisphere Division
Article IV: Australia, China, Hong Kong, New Zeeland, Macao
OFC
FSAP: China, Bangladesh (update)
Policy Development and
Review Department
Western Hemisphere Department
Education
Princeton University, PhD in Economics, 2006
Central European University, MPhil in Economics, 2002
Budapest University of Economics, MSc in Finance, 1999
Previous Employment
Research internships
Federal Reserve Bank of New York
European Central Bank
Central Bank of Hungary
Hungarian
banking sector
ABN AMRO Equities, CIB
Bank, Postabank
Links
Research
Research interest
Corporate Finance, Banking, International Finance, Applied Theory
Publications
A Theory of "Crying Wolf" : The
Economics of Money Laundering Enforcement
Journal of Law,
Economics, and
Organization 2009 (pdf)
Ted Truman
on this paper
at
World Bank/International Finance Corporation Financial
and Private Sector Development Forum: "...This type of
research should be at the theoretical level like Elod Takats’ recent IMF working
paper on potential misplaced incentives for financial institutions to over
report potential suspicious activities."
Promotions, Dismissals, and Employee Selection: Theory
and Evidence
with A. Frederiksen,
Journal of
Law, Economics,
and Organization 2009 (pdf)
Working Papers
Australian Bank and Corporate Sector
Vulnerabilities
with Patrizia Tumbarello,
IMF WP 09/223
Quoted and discussed on
Bloomberg,
The Australia Financial Review and many other places.
Interest Rate Liberalization in China
with T. Feyziouglu and N. Porter,
IMF WP 09/171
Tax Rate Cuts and Tax Compliance - The Laffer Curve Revisited
with Tamás K. Papp,
IMF WP 08/7
Arthur B. Laffer's
opinion: "Your IMF Working Paper is the first time I’ve seen a serious effort to
look at the elasticity of taxable income with respect to tax rates. This is what
I had written and talked about for some 35 years. You’re the first and the paper
is superb."
Banking Consolidation and Small
Business Lending
ECB WP 407
(2004)
Book
Black Finance: The
Economics of Money Laundering (with D. Masciandaro
and B. Unger)
All proceedings from the book sales were donated to help graduate and undergraduate students raising children and facings hardship.
Languages
Hungarian, English, German, Spanish, very basic Chinese, French and Russian