This paper considers the nature and the distribution of trade and FDI effects of a potential enlargement of the European Monetary Union (EMU) to the ten countries that obtained EU membership in 2004. One-way and two-way error component gravity models are estimated using a dataset of unbalanced...

In Hungary, regulated energy prices fell by a quarter in 2013-2014 due to a state intervention. The objective of this article is to measure the effects of this change on the Hungarian residential energy consumption and assess the rationale, the policy context and other consequences of such an...

Objective: The objective of our article is to analyse students' knowledge, awareness, feelings and attitudes to the energy crisis, in particular, the rising price of electricity in Hungary to test whether students are aware of their electricity consumption and influenced by the opinion of their...

This paper estimates the effect of income taxation and transfers on labour supply at the extensive margin, i.e., the labour force participation. We extend existing structural form methodologies by considering the effect of both taxes and transfers. Non-labour income contains the (hypothetical)...

Hungarian family policy focuses on providing generous options to take time off work to look after children. This system not only contributes to Hungary’s low employment rate but encourages long separation from the labour market, has largely failed to significantly influence fertility rates and...