Focus

My academic work explores the nexus between mental health, individual behaviour, economic outcomes, and their institutional context. My research integrates insights from economics, psychiatry, and genetic studies.

Recent publications and conference presentations

Recent media coverage

Leader of Research Projects

Individual Behaviour and Economic Performance (IBEP)
Horizon 2020 Grant No. 952574 | 2020-2023 | EUR 900,000
Led by Tallinn University of Technology in consortium with Aalto University, University of Helsinki and Tel Aviv University
Recognised as a Success Story of European Union funded research

Institutions for Knowledge Intensive Development (IKID)
Horizon 2020 Grant No. 734712 | 2017-2021 | EUR 1,318,500
Led by Tallinn University of Technology in consortium with the University of Lausanne and South-East Asian partner universities
Recognised as a Success Story of European Union funded research

Towards the Knowledge Economy: Incentives, Regulation and Capital Allocation
Estonian Research Agency Personal Grant PUT 315 | 2014-2017 | EUR 146,000

More on research projects

Supervision of doctoral students and postdocs

Chair of the ECEE Conference & Summer School Series (2009-2023)

Chair of the Evolving Challenges in European Economies (ECEE) international conference and summer school series, organised by the Department of Economics and Finance at Tallinn University of Technology in collaboration with Eesti Pank (Central Bank of Estonia) and US-based academic associations.

15th ECEE Conference: Keynote by Professor Itzhak Gilboa (Tel Aviv University, HEC Paris, Yale University), 8-10 June 2023, Tallinn, Estonia

ECEE Summer School 2023: Experimental Economics by Professor Marina Agranov (CalTech), 7-8 August 2023, Viimsi, Estonia

15 years of the ECEE series was awarded Conference of the Year 2022 as the most innovative conference in Estonia

Teaching

Courses developed and taught:
1) Economic Thought & Methodology (PhD, Tallinn University of Technology)
2) Development Economics (Humboldt University Berlin summer school at University of Havana)
3) Economic Development and Institutions (Master, Tallinn University of Technology)
4) Applied Economic Analysis (Master/Bachelor, Tallinn University of Technology)
5) Empirical Research Methodology (Bachelor, Tallinn University of Technology)

Guest lectures at the University of Lausanne, University of Helsinki, Stockholm University and numerous other universities worldwide

More on courses taught

Study Program Director (2014-2019)

Directed the Bachelor’s and Master’s programs in Applied Economics at Tallinn University of Technology. Programs were developed (2016–2019) in cooperation with the University of Helsinki, Stockholm University, and KTH, supported by NordPlus.

Applied studies and consultancy

Leader of Economic Analysis Work Package
Climate Change Mitigation with CCS and CCU Technologies (ClimMit)
RiTa Grant No. RITA1/02-20 | 2019-2021 | EUR 947,367
Led by Tallinn University of Technology in consortium with the University of Tartu

Team Leader / Member – PwC Advisors (1998–2014)
Participated in over 150 international and domestic projects for investors, companies, and governments. Areas of expertise include economic impact assessment and modelling, due diligence, crisis management, forensic investigations, regulatory compliance, and related expert testimony in court cases.

Contacts

Aaro Hazak

E-mail: aaro.hazak@helsinki.fi
Faculty of Medicine, Research Programs Unit
University of Helsinki
Välskärinkatu 12
Helsinki 00014
Finland

E-mail: aaro.hazak@taltech.ee
Phone: +3726204050 (Assistant)
Department of Economics and Finance
Tallinn University of Technology
Akadeemia tee 3
Tallinn 12618
Estonia