Every Thursday a business school professor, an expert in his or her field, will define five key terms on FT Lexicon, our online economics, business and finance glossary.

Anthony J. Evans is associate professor of economics at ESCP Europe Business School and currently Fulbright Scholar-in-residence at San Jose State University. His research interests are in corporate entrepreneurship, monetary theory, and transitional markets. He has published in a range of academic and trade journals and is the co-author of The Neoliberal Revolution in Eastern Europe.

Prof Evans has conducted policy research for the UK Conservative party and European Investment Fund, as well as managing consultancy projects for several corporate sponsors. He teaches Executive MBA classes across Europe and has written a number of teaching cases. In April 2011 he joined the Institute of Economic Affairs’ Shadow monetary policy committee. Anthony received his MA and PhD in Economics from George Mason University, USA, and a BA (Hons) from the University of Liverpool, UK.

The five terms defined by Anthony J. Evans on FT Lexicon this week are:

Monetary policy committee (MPC)

Financial policy committee (FPC)

Regime uncertainty

Neutral rate of interest

Forced savings

Compiled by Emmanuelle Smith

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