Anton Korinek is an Associate Professor of Economics at the Department of Economics and of Business Administration at the Darden School of Business of the University of Virginia. His current research focuses on the implications of rapid progress in Artificial Intelligence for our economy and society, for inequality and for the future of work.

He studied economics, math and law at the University of Vienna and headed the IT department of an asset management company in Austria. After earning his PhD in economics from Columbia University in 2007, he conducted research on designing policy measures to prevent financial crises and developed an influential framework for capital flow regulation in emerging economies. His research has been published in top journals including the American Economic Review, the Review of Economic Studies, the Journal of Econometrics, the Journal of Monetary Economics, the Journal of International Economics and the Journal of Public Economics. It has also been cited on Bloomberg, in the Economist and in the Wall Street Journal. He has won several fellowships and awards for this work, including from the Institute for New Economic Thinking.

Prior to joining the University of Virginia, Professor Korinek held positions at Johns Hopkins University and at the University of Maryland and was a visiting scholar at Harvard University, the Bank for International Settlements, the International Monetary Fund, the World Bank, as well as a frequent visitor to numerous central banks, where he has given lectures and courses. He is also a Research Associate at the National Bureau of Economic Research and a Research Fellow at the Center for European Policy Research.

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Matching the Moment, But Missing the Point?

Article | Oct 19, 2015

This essay critically evaluates the benefits and costs of the dominant methodology in macroeconomics, the DSGE approach. Although the approach has led to great progress in some areas, it has also created biases and blind spots in the profession that hold back our understanding and our ability to govern the macroeconomy. There is great scope for progress in macroeconomics by judiciously pushing the boundaries of some of the methodological restrictions imposed by the DSGE approach.

Financial Deregulation: A Question of Efficiency or Distribution?

Article | Jan 13, 2015

How can we better protect Main Street from the externalities of Wall Street?

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