Judit Temesvary earned her Ph.D. in economics from Cornell University. Her research focuses on applied macroeconomics, more specifically the relationship between the macro-economy and financial institutions’ activities, with a special interest in commercial banks; banks’ global lending activities and their effects on national economies; how national and global bank regulations can influence the behavior and macroeconomic effects of banks, and how and why banks' lending rates differ by currency and across countries. Temesvary teaches courses on macroeconomics, and financial institutions and financial crises.
On leave at Cornell University during the 2014-2015 academic year.
ECON 102 (Issues in Macro)
ECON 285 (Macroeconomic Theory)
ECON 336 (Banks and the Economy)
ECON 454 (Global Financial Crises)
ECON 560 (Research Seminar - Spring 2016)
Work in Progress:
"The Global Lending Channel: How Does U.S. Monetary Policy Affect the International Activities of U.S. Banks?" (with Steven Ongena and Ann Owen), Working Paper, May 2015.
“The Role of Regulatory Arbitrage in U.S. Banks’ International Lending Flows: Bank-level Evidence”, Working Paper, Cornell University, April 2015.
“The Drivers of Foreign Bank Lending in Central and Eastern Europe: the Roles of Parent, Subsidiary and Host Market Traits,” with Adam Banai, Working Paper, March 2015.
“The Determinants of U.S. Banks’ International Activities,” Journal of Banking and Finance 44 (July 2014), 233-247.
“Foreign Activities of U.S. Banks since 1997: The Roles of Regulations and Market Conditions in Crises and Normal Times,” in press at Journal of International Money and Finance (October 2014), DOI: 10.1016/j.jimonfin.2014.09.008.
“Heterogeneity in the Growth and Finance Relationship: How does the Impact of Bank Finance Vary by Country and Type of Lending?” (with Ann Owen), International Review of Economics and Finance 31 (May 2014), 275-288.
“The Drivers of Foreign Currency-based Banking in Central and Eastern Europe,” October 2014. Revise and Resubmit (2nd round) at the Economics of Transition.
“Dynamic Branching and Interest Rate Competition of Commercial Banks: Evidence from Hungary,” Revise and Resubmit at the International Journal of Industrial Organization.
“Culture, geography, institutions and cross-border bank lending and risk taking” (with Ann Owen), Hamilton College, September 2014 (under review).
“Signal Extraction and Hyperinflations with a Responsive Monetary Policy,” IEHAS Discussion Papers No. 705, Institute of Economics, Hungarian Academy of Sciences, Budapest, Hungary, October 2007.
Review of “Financial Crises: 1929 to the Present” by Sarah Hsu. Journal of Economic Literature, March 2014.
Last updated: 5/5/2015