The Centre for Economic and Regional Studies of the Hungarian Academy of Sciences (CERS-HAS)

CERS-HAS is committed to international standards of fundamental and applied research in economics. It has focused increasingly on the analysis of the modern market economy and the transformation of the Hungarian economy. Findings of the research programs of CERS-HAS are made available for and are regularly used by policy making bodies and universities. The CERS-HAS puts emphasis on promoting academic cooperation with other Hungarian and European research centers. It has been a key partner in several earlier projects  (SCIFI-GLOW, MICRO-DYN, EFIGE). With the Central European University, it established the Center for Firms in Global Economy. The CERS-HAS research program includes macroeconomics and economic policy, international economics, public economics, human resources, agricultural economics. The dissemination of CERS-HAS Research Output comprises Economic Theory and Policy Seminar Series, Discussion Papers; Budapest Working Papers on the Labor Market (published in cooperation with the Human Resources Department of the Corvinus University of Budapest); Labor Research Studies; Labor Market Yearbook.

Team leader

László Halpern  is senior research fellow and deputy director of Institute of Economics of CERS-HAS. He is a research fellow at the Centre for Economic Policy Research (CEPR) and recurrent visiting professor at the Central European University. He has written widely on exchange rate theory, central and eastern European exchange rate policies, macroeconomic stabilization theory, enterprise behavior and international trade. He has advised different Hungarian governmental agencies. He has participated in numerous international research projects supported by the European Commission.


Gábor Békés is a research fellow at the Institute of Economics of CERS-HAS. His research is focused on applied work in international trade, economic geography, location choice of manufacturing firms, foreign direct investment, and firm innovation, internationalization and productivity. He worked in two past FP projects, EFIGE and MICRO-DYN. He received his PhD in 2007 from the Central European University. He holds an MSc in Economics from the London School of Economics and an MSc in Finance from Corvinus University of Budapest. He teaches economic geography and regional policy. Before joining CERS-HAS, he was a visiting researcher at the Magyar Nemzeti Bank and worked for Lehman Brothers in London.

Miklós Koren is assistant professor in the Department of Economics of the Central European University, a research fellow at CERS-HAS and a research affiliate at CEPR. His research interests are international trade and economic growth. His research focuses on the firm-level effects of imported inputs and imported machinery, the dynamics of export flows in disaggregate data and the diversification of volatility across trading partners. He received his PhD from Harvard University in 2005. He also holds an MA from Central European University (2000) and a BA from Corvinus University of Budapest (1999). Before coming to the Central European University, he worked at the Federal Reserve Bank of New York and at Princeton University.

Balázs Muraközy is a research fellow at CERS-HAS. He received his MA (2003) and PhD (2008) in economics from Central European University. His main research interests are the behavior of firms, internationalization and regulation. His research focuses on export dynamics, the role of quality and innovation in exports and the determinants of firm growth. He has taught several courses in microeconomics, innovation and applied econometrics. He also has a regular column on economic and policy questions in Magyar Narancs, a Hungarian weekly.