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In this paper we develop the Hungarian version of the EAGLE FLI (Euro Area GLobal Economy model with Financial LInkages) model which is the EAGLE model enriched with financial frictions and country-specific banking sector. The EAGLE FLI features the intermediation of loanable funds (ILF) view in...
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which of the NAIRU estimation methods described in the literature can be applied to Hungary. In evaluating the results, the …
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-experimental design of a corporate minimum tax scheme introduced in Hungary in 2007 that widened the tax base only for firms with low …
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The Magyar Nemzeti Bank (the central bank of Hungary) introduced a "funding for lending" type loan program aimed at …
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household foreign currency debt during Hungary's late-2008 currency crisis. The revaluation of debt burdens leads to higher …
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