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Hungary. We study the effects of four globally important shocks on Hungary: i) a slowdown of the Chinese economy, ii) more … policies to have nonnegligible indirect effects (beyond the relatively small direct ones) on Hungary mostly due to the workings …
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The paper describes a two stage model of Hungarian households' food demand. Demand for the food aggregate is represented by a Working-Leser type single equation model while demand for seven distinct food types is modelled in a complete demand system using the LA/AIDS functional form. Estimation...
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Transition has involved major job destruction and creation. This paper examines the skill content of these changes using a detailed three country firm survey. It shows that transition has exerted a strong bias against unskilled labour who have lost employment disproportionately. Moreover, job...
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