Details about Elod Takats

Access statistics for papers by Elod Takats.

Last updated 2025-04-07. Update your information in the RePEc Author Service.

Short-id: pta92

Working Papers

2025

1. Geopolitics Meets Monetary Policy: Decoding Their Impact on Cross-Border Bank Lending
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
   Also in BIS Working Papers, Bank for International Settlements (2025)

2024

2. Effects of carbon pricing and other climate policies on CO2 emissions
   Papers, arXiv.org
   Also in CESifo Working Paper Series, CESifo (2021) View citations (6)
3. How Does Fiscal Policy affect the Transmission of Monetary Policy into Cross-border Bank Lending? Cross-country Evidence
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
   Also in BIS Working Papers, Bank for International Settlements (2024)
4. Model risk at central counterparties: is skin in the game a game changer?
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
   Also in BIS Working Papers, Bank for International Settlements (2020) View citations (5)
   See also Journal Article Model Risk at Central Counterparties: Is Skin in the Game a Game Changer?, International Journal of Central Banking, International Journal of Central Banking (2024) (2024)
5. Tax rate cuts and tax compliance – the Laffer curve revisited
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
   Also in IMF Working Papers, International Monetary Fund (2008) View citations (9)
   See also Journal Article Tax rate cuts and tax compliance – the Laffer curve revisited, Public Finance Quarterly, Corvinus University of Budapest (2024) (2024)
6. The macroeconomics of green transitions
   BIS Working Papers, Bank for International Settlements

2021

7. Credit constrained firms and government subsidies: evidence from a European Union program
   BIS Working Papers, Bank for International Settlements
8. Growth, coal and carbon emissions: economic overheating and climate change
   BIS Working Papers, Bank for International Settlements View citations (3)

2020

9. How well-anchored are long-term inflation expectations?
   BIS Working Papers, Bank for International Settlements View citations (7)
10. Releasing bank buffers to cushion the crisis - a quantitative assessment
    BIS Bulletins, Bank for International Settlements View citations (2)
11. The CCP-bank nexus in the time of Covid-19
    BIS Bulletins, Bank for International Settlements View citations (5)
12. What can commercial property performance reveal about bank valuations?
    BIS Working Papers, Bank for International Settlements
    See also Journal Article What can commercial property performance reveal about bank valuations?, Journal of International Money and Finance, Elsevier (2021) (2021)

2019

13. How does the interaction of macroprudential and monetary policies affect cross-border bank lending?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (11)
    Also in BIS Working Papers, Bank for International Settlements (2019) View citations (12)
    See also Journal Article How does the interaction of macroprudential and monetary policies affect cross-border bank lending?, Journal of International Economics, Elsevier (2021) View citations (11) (2021)

2018

14. Domestic and Global Output Gaps as Inflation Drivers: What Does the Phillips Curve Tell?
    CESifo Working Paper Series, CESifo View citations (13)
    Also in BIS Working Papers, Bank for International Settlements (2018) View citations (13)
    See also Journal Article Domestic and global output gaps as inflation drivers: What does the Phillips curve tell?, Economic Modelling, Elsevier (2020) View citations (26) (2020)
15. The enduring link between demography and inflation
    BIS Working Papers, Bank for International Settlements View citations (22)
    Also in Bank of Finland Research Discussion Papers, Bank of Finland (2018) View citations (6)

2017

16. Can Macroprudential Measures Make Cross-Border Lending More Resilient? Lessons from the Taper Tantrum
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (5)
    See also Journal Article Can Macroprudential Measures Make Cross-Border Lending More Resilient? Lessons from the Taper Tantrum, International Journal of Central Banking, International Journal of Central Banking (2019) View citations (11) (2019)
17. Can macroprudential measures make cross-border lending more resilient?
    BIS Working Papers, Bank for International Settlements View citations (4)
18. The Currency Dimension of the Bank Lending Channel in International Monetary Transmission
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (14)
    Also in BIS Working Papers, Bank for International Settlements (2016) View citations (13)
    See also Journal Article The currency dimension of the bank lending channel in international monetary transmission, Journal of International Economics, Elsevier (2020) View citations (17) (2020)

2016

19. Exchange rate pass-through: What has changed since the crisis?
    BIS Working Papers, Bank for International Settlements View citations (56)
    See also Journal Article Exchange Rate Pass-Through: What Has Changed Since the Crisis?, International Journal of Central Banking, International Journal of Central Banking (2019) View citations (46) (2019)
20. Monetary policy spillovers and currency networks in cross-border bank lending
    BIS Working Papers, Bank for International Settlements View citations (17)
21. The age-structure–inflation puzzle
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (4)

2015

22. Can demography affect inflation and monetary policy?
    BIS Working Papers, Bank for International Settlements View citations (53)

2013

23. Credit and growth after financial crises
    BIS Working Papers, Bank for International Settlements View citations (15)

2012

24. Ageing, property prices and money demand
    BIS Working Papers, Bank for International Settlements View citations (14)

2010

25. Ageing and asset prices
    BIS Working Papers, Bank for International Settlements View citations (8)

2009

26. Australian Bank and Corporate Sector Vulnerabilities: An International Perspective
    IMF Working Papers, International Monetary Fund View citations (2)
27. Interest Rate Liberalization in China
    IMF Working Papers, International Monetary Fund View citations (28)

2007

28. A Theory of “Crying Wolf”: The Economics of Money Laundering Enforcement
    IMF Working Papers, International Monetary Fund View citations (13)
    See also Journal Article A Theory of "Crying Wolf": The Economics of Money Laundering Enforcement, The Journal of Law, Economics, and Organization, Oxford University Press (2011) (2011)

2006

29. Layoffs as Part of an Optimal Incentive Mix: Theory and Evidence
    MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary) View citations (3)
    Also in Working Papers, Princeton University, Department of Economics, Industrial Relations Section. (2005) View citations (2)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2006) View citations (1)

2004

30. Banking consolidation and small business lending
    Working Paper Series, European Central Bank View citations (9)
31. Optimal incentive mix of performance pay and efficiency wage
    CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (6)

Journal Articles

2024

1. Model Risk at Central Counterparties: Is Skin in the Game a Game Changer?
   International Journal of Central Banking, 2024, 20, (3), 161-184
   See also Working Paper Model risk at central counterparties: is skin in the game a game changer?, LSE Research Online Documents on Economics (2024) (2024)
2. Subsidy-driven firm growth: Does loan history matter? Evidence from a European Union subsidy program
   Journal of Corporate Finance, 2024, 87, (C)
3. Tax rate cuts and tax compliance – the Laffer curve revisited
   Public Finance Quarterly, 2024, 70, (4), 9-28
   See also Working Paper Tax rate cuts and tax compliance – the Laffer curve revisited, LSE Research Online Documents on Economics (2024) (2024)

2023

4. Prof. Dr. Takáts Előd, Rector of Corvinus University of Budapest
   Public Finance Quarterly, 2023, 69, (2), 7-7

2021

5. How does the interaction of macroprudential and monetary policies affect cross-border bank lending?
   Journal of International Economics, 2021, 132, (C) View citations (11)
   See also Working Paper How does the interaction of macroprudential and monetary policies affect cross-border bank lending?, Finance and Economics Discussion Series (2019) View citations (11) (2019)
6. Inflation and demography through time
   Journal of Economic Dynamics and Control, 2021, 128, (C) View citations (12)
7. What can commercial property performance reveal about bank valuations?
   Journal of International Money and Finance, 2021, 113, (C)
   See also Working Paper What can commercial property performance reveal about bank valuations?, BIS Working Papers (2020) (2020)

2020

8. Domestic and global output gaps as inflation drivers: What does the Phillips curve tell?
   Economic Modelling, 2020, 87, (C), 238-253 View citations (26)
   See also Working Paper Domestic and Global Output Gaps as Inflation Drivers: What Does the Phillips Curve Tell?, CESifo Working Paper Series (2018) View citations (13) (2018)
9. International banking amidst Covid-19: resilience and drivers
   BIS Quarterly Review, 2020 View citations (2)
10. The currency dimension of the bank lending channel in international monetary transmission
    Journal of International Economics, 2020, 125, (C) View citations (17)
    See also Working Paper The Currency Dimension of the Bank Lending Channel in International Monetary Transmission, Finance and Economics Discussion Series (2017) View citations (14) (2017)

2019

11. Can Macroprudential Measures Make Cross-Border Lending More Resilient? Lessons from the Taper Tantrum
    International Journal of Central Banking, 2019, 15, (1), 61-105 View citations (11)
    See also Working Paper Can Macroprudential Measures Make Cross-Border Lending More Resilient? Lessons from the Taper Tantrum, Finance and Economics Discussion Series (2017) View citations (5) (2017)
12. Exchange Rate Pass-Through: What Has Changed Since the Crisis?
    International Journal of Central Banking, 2019, 15, (3), 27-58 View citations (46)
    See also Working Paper Exchange rate pass-through: What has changed since the crisis?, BIS Working Papers (2016) View citations (56) (2016)
13. Monetary Policy Spillovers and Currency Networks in Cross-Border Bank Lending: Lessons from the 2013 Fed Taper Tantrum*
    Review of Finance, 2019, 23, (5), 993-1029 View citations (11)

2018

14. Clearing risks in OTC derivatives markets: the CCP-bank nexus
    BIS Quarterly Review, 2018 View citations (29)
15. The ABCs of bank PBRs
    BIS Quarterly Review, 2018 View citations (17)

2016

16. The ECB's QE and euro cross-border bank lending
    BIS Quarterly Review, 2016 View citations (6)

2015

17. International monetary spillovers
    BIS Quarterly Review, 2015 View citations (52)

2014

18. Cross-border bank lending during the taper tantrum: the role of emerging market fundamentals
    BIS Quarterly Review, 2014 View citations (30)

2012

19. Aging and house prices
    Journal of Housing Economics, 2012, 21, (2), 131-141 View citations (20)
20. Countercyclical policies in emerging markets
    BIS Quarterly Review, 2012 View citations (4)
21. The euro area crisis and cross-border bank lending to emerging markets
    BIS Quarterly Review, 2012 View citations (63)

2011

22. A Theory of "Crying Wolf": The Economics of Money Laundering Enforcement
    The Journal of Law, Economics, and Organization, 2011, 27, (1), 32-78
    See also Working Paper A Theory of “Crying Wolf”: The Economics of Money Laundering Enforcement, IMF Working Papers (2007) View citations (13) (2007)
23. Promotions, Dismissals, and Employee Selection: Theory and Evidence
    The Journal of Law, Economics, and Organization, 2011, 27, (1), 159-179 View citations (7)

2010

24. Was it credit supply? Cross-border bank lending to emerging market economies during the financial crisis
    BIS Quarterly Review, 2010 View citations (31)

Books

2012

1. The ESRB at 1
   SUERF Studies, SUERF - The European Money and Finance Forum

2007

2. Black Finance
   Books, Edward Elgar Publishing View citations (4)

Chapters

2016

1. The inflation process
   A chapter in Inflation mechanisms, expectations and monetary policy, 2016, vol. 89, pp 23-40 View citations (3)

2015

2. The role of debt securities markets
   A chapter in What do new forms of finance mean for EM central banks?, 2015, vol. 83, pp 41-64 View citations (4)

2014

3. International monetary policy transmission
   A chapter in The transmission of unconventional monetary policy to the emerging markets, 2014, vol. 78, pp 25-44 View citations (31)

2013

4. Capital flow dynamics and FX intervention
   A chapter in Sovereign risk: a world without risk-free assets?, 2013, vol. 73, pp 25-38 View citations (8)

2012

5. Is monetary policy constrained by fiscal policy?
   A chapter in Fiscal policy, public debt and monetary policy in emerging market economies, 2012, vol. 67, pp 11-30 View citations (4)

2011

6. Cross-border bank lending to emerging market economies
   A chapter in The global crisis and financial intermediation in emerging market economies, 2011, vol. 54, pp 11-29 View citations (7)
7. International banks, new liquidity rules and monetary policy in EMEs
   A chapter in Capital flows, commodity price movements and foreign exchange intervention, 2011, vol. 57, pp 9-35