Zsolt Darvas, a Hungarian citizen, is a Senior Fellow at the Brussels-based think-tank Bruegel. He is also Senior Research Fellow at the Corvinus University of Budapest. Before joining Bruegel in late 2008, he was the Research Advisor of the Argenta Financial Research Group in Budapest (2005-2008). Before that, he worked at the research unit of the Central Bank of Hungary (1994-2005) where he served as Deputy Head during 2001-2005. He had visiting researcher positions at the Bank of Finland, Deutsche Bundesbank, De Nederlandsche Bank, Stockholm School of Economics and Bruegel, and worked for research projects of the European Commission, European Parliament, the OECD, the World Bank and the Asian Development Bank. Zsolt Darvas holds a Ph.D. in Economics from Corvinus University of Budapest, where he teaches courses in Econometrics since 1994. His research interests include macroeconomics, international economics, finance, EU governance and social policy. His current works focus on policy-related issues, such as the European economic governance, financial integration and development, income inequality and inclusive growth, migration, estimation of real-time reliable output gaps and aggregation-theoretic measurement of money.