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The expected effect of the euro on the Hungarian monetary transmission
Orbán, Gábor (contributor); Szalai, Zoltán (contributor) - 2005
Persistent link: https://www.econbiz.de/10003114966
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Myths and maths: Macroeconomic effects of fiscal adjustments in Hungary
Horváth, Ágnes; Jakab, Zoltán M.; Kiss, Gábor P.; … - 2006
In this paper we investigate the possible effects of fiscal tightening in Hungary from two perspectives. First, simulations in an estimated neo-Keynesian model are used to characterise the effects of different scenarios for fiscal consolidations. We show that the composition of fiscal shocks is...
Persistent link: https://www.econbiz.de/10010322394
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Myths and maths: macroeconomic effects of fiscal adjustments in Hungary
Horváth, Ágnes; Jakab, M. Zoltán; Kiss, Gábor P.; … - 2006
In this paper we investigate the possible effects of fiscal tightening in Hungary from two perspectives. First, simulations in an estimated neo-Keynesian model are used to characterise the effects of different scenarios for fiscal consolidations. We show that the composition of fiscal shocks is...
Persistent link: https://www.econbiz.de/10003347824