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What drives cash demand? Transactional and residual cash demand in selected countries

Sisak, Balázs - 2011

demand. -- Cash demand ; shadow economy ; payment system ; panel econometrics …

Persistent link: https://www.econbiz.de/10009410439

Mind the Gap - international comparison of cyclical adjustment of the budget

Kiss, Gábor P. (contributor); Vadas, Gábor (contributor) - 2005

Persistent link: https://www.econbiz.de/10003284505

Are the exchange rates of EMU candidate countries anchored by their expected euro locking rates?

Naszódi, Anna (contributor) - 2008

This paper tests whether the exchange rates of the Czech koruna, the Hungarian forint, and the Polish zloty were anchored by market expectations concerning their euro locking rates. First, the process of the exchange rate is derived as a function of the following factors: (i) latent exchange...

Persistent link: https://www.econbiz.de/10003633014

Inflation asymmetry, menu costs and aggregation bias - a further case for state dependent pricing

Karádi, Péter; Reiff, Ádám - 2010

Asymmetric inflation response to aggregate shocks is an identifying macro-prediction of state dependent pricing models with trend inflation (Ball and Mankiw, 1994). The paper uses the natural experiment of symmetric value-added tax (VAT) changes in Hungary with highly asymmetric inflation...

Persistent link: https://www.econbiz.de/10003987034

Voting by monetary policy committees : evidence from the CEE inflation-targeting countries

Jung, Alexander; Kiss, Gergely - 2012

The aim of this paper is to study preference heterogeneity in monetary policy committees of inflation-targeting (IT) countries in Central and Eastern Europe (CEE) during the period 2005-2010. It employs (individual) voting records of the Monetary Council of the Magyar Nemzeti Bank (the central...

Persistent link: https://www.econbiz.de/10009529531

Driving factors of growth in Hungary - a decomposition exercise

Kátay, Gábor (contributor); Wolf, Zoltán (contributor) - 2008

control for cyclical effects, we modify a standard technique in firmlevel production function estimation using a capacity … utilization proxy. Based on a large panel of Hungarian manufacturing firms, we decompose value added growth to input factor … productivity ; capacity utilization ; aggregation ; panel data …

Persistent link: https://www.econbiz.de/10003757275

The elasticity of taxable income: estimates and flat tax predictions using the Hungarian tax changes in 2005

Bakos, Péter (contributor); Benczúr, Péter (contributor); … - 2008

enforcement constant. We employ a Tax and Financial Control Administration (APEH) panel dataset between 2004 and 2005 with roughly …-middle income taxpayers. -- Elasticity of taxable income ; tax reform ; behavioral response ; revenue estimation ; flat tax …

Persistent link: https://www.econbiz.de/10003770603