exchange rate for Hungary and Poland, for the period of "transition" (1991-1998). The empirical analysis shows that, at the …

application. -- Model Projection ; Simulation ; Central Banking ; Monetary Policy …

In this paper we investigate the possible effects of fiscal tightening in Hungary from two perspectives. First … their relevance for Hungary in a qualitative way. In our review of non-Keynesian channels of fiscal adjustments we conclude …

for Hungary during the period of the transition (1991-1999). The transmission of monetary policy impulses to macro …: disinflation policy, interest rate rules, transition economies, small open-economy macro models, estimation and simulation of …

for Hungary during the period of the transition (1991-99). The transmission of monetary policy impulses to macro variables …

output gap, the domestic interest rate and the exchange rate for Hungary during the period of the transition (1991-1999). The …

, Hungary, Poland, Sweden and the United Kingdom). Subject to various sensitivity tests, it is found that the democratic version …

five inflation targeting countries (the Czech Republic, Hungary, Poland, Sweden and the United Kingdom). We find that in …

the expected entry date. In the empirical part, the authors apply the framework for Hungary and draw some policy …

republic, Hungary, Poland, Sweden and the United Kingdom, controlling for financial market expectations. Unlike previous …