This paper analyses the factors affecting the price level of Hungarian residential real estate using individual sales data. We focus on the role of the location of the property. We show that geographical factors are relevant in explaining housing prices using traditional type groups constructed...

The aim of this paper is to investigate how the spatial equilibrium model applies to Hungary. For this we create a new database on modified micro-regional level between 2001 and 2014 with real estate/property market, labor market, regional and demographical data. We use this database to answer...

This paper analyses the factors affecting the price level of Hungarian residential real estate using individual sales data. We focus on the role of the location of the property. We show that geographical factors are relevant in explaining housing prices using traditional type groups constructed...

The aim of this paper is to investigate how the spatial equilibrium model applies to Hungary. For this we create a new database on modified micro-regional level between 2001 and 2014 with real estate/property market, labor market, regional and demographical data. We use this database to answer...

It is well known that the size of the informal (black or grey) economy causes serious fiscal problems for Hungary. This study makes an attempt to quantify the budgetary and macroeconomic effects of different ways of widening the formal sector (whiteningʺ) with the help of a model. It turns out...