37th International Academic Conference, Budapest

Keynote speaker 

Professor Max Gillman, PhD.

University of Missouri, St.Louis, USA

Max Gillman is a Hayek Professor of Economic History at University of Missouri, USA.
He is also a visiting Professor at Central European University in Budapest, at Loughborough University and a Senior Researcher at CERGE-EI in Prague.

Professor Gillman has received Ph.D. and A.M. at the University of Chicago, Economics Department. His research is focused on monetary economics, real business cycles,
economic growth, and how money and banking influence both cycles and growth.

His recent publications extend monetary theory to study tax evasion and growth through
a human capital approach, explain asset prices during Lost Decades, and show the
inflation tax effect on growth, investment, the Tobin Effect.

Professor Gillman will deliver a Keynote speech titled: "Granger Causality of Real Oil Prices after the Great Recession".

Selected publications:


2017 Principles of Macroeconomics: An Evolutionary Approach, Kendall Hunt Publishing, Dubuque, Iowa.

2011 Advanced Modern Macroeconomics: Analysis and Application, Pearson UK, Financial Times Press.

2009, Inflation Theory in Economics: Welfare, Velocity,Growth and Business Cycles, Routledge International Studies.

Selected articles:

Learning about Rare Disasters: Implications for Consumption and Asset Prices (2015, Review of Finance)

Tax Evasion, Human Capital and Productivity - Induced Tax Rate Reduction (2014, Journal of Human Capital)

Inflation, Human Capital and Tobin´s q (2012, Journal of Economics Dynamics and Control)

Inflation, Investment and Growth: A Money and Banking Approach (2011, Economica)

A Banking Explanation of the US Velocity of Money: 1919-2004 (2010, Journal of Economics Dynamics and Control)


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