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Persistent link: https://www.econbiz.de/10010301056
Seit Beginn der neunziger Jahre befindet sich Ungarn in einem Transformationsprozess, der es hin zu einer … das derzeit in Ungarn bestehende System des föderalen Finanzausgleichs hinsichtlich der dezentralen Ebene zu erfassen … möglicher Reformoptionen und der Reformmodelle, die derzeit in Ungarn diskutiert werden, sind entsprechend im Blickwinkel der …
Persistent link: https://www.econbiz.de/10010301333
In the paper we test for the different reactions of stock markets to the current financial crisis. We focus on Central European stock markets, namely the Czech, Polish and Hungarian ones, and compare them to the German and U.S. benchmark stock markets. Using wavelet analysis, we decompose a time...
Persistent link: https://www.econbiz.de/10010322184
In the paper we research statistical properties of the Central European stock markets. We focus mainly on the tail behavior of the Czech, Polish, and Hungarian stock markets and compare them to the benchmark U.S. and German stock markets. We fit the data of the 4-year period from March 2005 to...
Persistent link: https://www.econbiz.de/10010322236
This document gives a detailed account of the current version of the Hungarian Quarterly Projection Model (NEM). It describes the main building blocks, presents the forecast performance of the model and, finally, it illustrates the responses to the most important shocks the Hungarian economy may...
Persistent link: https://www.econbiz.de/10010322393
The main goal of this paper is to examine the relationship between macroeconomic shocks and yield curve movements in Hungary. To this end, we apply a Nelson-Siegel type dynamic yield curve model, where changes of the yield curve are driven by two latent factors and some key macro variables that...
Persistent link: https://www.econbiz.de/10010322460
Cyclically adjusted budget balance (CAB) is a widely cited and widely used concept in the evaluation of fiscal situations. The key idea behind it involves the identification of potential levels of economic variables. There are two recently used methods: the aggregate approach and the...
Persistent link: https://www.econbiz.de/10010322488
This paper investigates the relationship between educational attainment and earnings inequality in eight nations using the Luxembourg Income Study (LIS) database. Although the results should be considered exploratory rather than definitive until verified and qualified by more detailed...
Persistent link: https://www.econbiz.de/10011652890
Studies of public-private and foreign-domestic wage differentials face difficulties distinguishing ownership effects from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked employer-employee data (LEED) from Hungary containing 1.35mln...
Persistent link: https://www.econbiz.de/10010268246
The MOSAIC project aimed to collect information on micro-census data preserved in different European countries and to build up an online database so as to open up new research possibilities on household structure and marriage patterns. The Hungarian MOSAIC sample is based on the data of the 1869...
Persistent link: https://www.econbiz.de/10012316664