Roman Horvath is Professor at Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague. He served as the Head of Research Unit and Advisor to the Board at the Czech National Bank and as the President of Czech Economic Society. He has published in the Journal of International Economics, Journal of Money, Credit and Banking and World Bank Economic Review, among many other journals. He is Editor-in-Chief of the Czech Journal of Economics and Finance, Associate Editor of Open Economies Review and Associate Editor of Journal of Financial Stability. He served as the consultant to a number of different institutions, including the European Parliament (member of Monetary Experts Panel of the European Parliament) and World Bank (short-term consultant).