Introducing Economist Anton Korinek – Capturing the Complexity of Crises

bridges vol. 34, July 2012 / News from the Network: Austrian Researchers Abroad

By Bernhard Mayr

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Korinek AntonAnton Korinek "Being an economist with focus on international financial markets keeps you busy these days," says Anton Korinek, assistant professor at the Center for International Economics at the University of Maryland. We sit in his office on the College Park campus, which seems unusually deserted and quiet on this afternoon in late June. It is the time after graduation but before summer classes start. However, this is not a quiet time for Korinek, who just returned the night before from Basel, Switzerland, where he participated in discussions on macroprudential regulations at the Bank for International Settlements.

Ever since the global financial crisis began some five years ago with the 2007 bursting of the US housing bubble, one wonders how much longer the bailouts of banks, downturns in stock markets, and stubbornly high unemployment numbers will continue. Having prepared several pages of questions, I was ready to absorb Korinek's knowledge on these topics.

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