Labour market tightness, that is the ratio of jobs to the unemployed, has an impact on wage setting, which also affects inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non-accelerating inflation rate of unemployment (NAIRU), is used to...

The public work (PW) programmes have been the major active labour market policy tools since 2011 in Hungary. Majority of the public workers were inactive before the programme. Due to this the labour supply considerably increased in those district, which got significantly more subsidy from the...

In our analysis, we examine the effects of emigration from Hungary on the labour market and its other economic implications. Since 2008 the number of emigrants has been rising significantly faster than the previous trend, and thus it is important to assess the possible consequences of higher...