Economists should help find cost effective ways to reduce inequality in human capital acquisition – interview with Nathan Sussman

Nathan Sussman, professor at the Hebrew University, former Director of the Research Department and member of the Monetary Policy Committee at the Bank of Israel, gave an interview to Balázs Vonnák after his lecture at a course of the MNB Department (Theoretical and practical challenges in monetary policy). He shared his views on global Phillips curve, dynamics of inflation expectations, challenges of monetary policy and the role of inequality in economic growth.

Conference on Economics Reformation

Late last year dissatisfied economists and students published 33 theses arguing for an Economics Reformation.  The authors believe an unhealthy intellectual monopoly of mainstream economics has developed, and economics could provide more insights into poverty, inequality, ecology and financial instability. To discuss these ideas, on 22 March 2018 the Hungarian Economic Association organised a conference with international speakers from a variety of backgrounds.

Small open economy central banks have to be more open-minded – interview with Hakan Kara

Hakan Kara, the chief economist of the Central Bank of the Republic of Turkey delivered a lecture at a course of the MNB Department (Theoretical and practical challenges in monetary policy). After the lecture Mr. Kara gave an interview to Kristóf Lehmann (Head of the MNB Department) about the monetary policy lessons of the crisis for emerging economies, international monetary policy spill-overs, the effects on the Turkish economy and how the Central Bank of the Republic of Turkey responded to the challenges.

It is policy makers such as central bankers that are at the forefront of the economics debate – interview with Antoine Godin

Antoine Godin, senior economist of the French Development Agency and former associate professor of the Kingston University (London) delivered a lecture at a course of the MNB Department (New trends in economics). After the lecture Professor Godin gave an interview to Kristóf Lehmann (Head of the MNB Department) about stock-flow consistent models, dynamics of financialized economies, the Bank of England model development and about how he sees the economics debate 10 year after the crisis.