Showing 1 - 7 of 7
We examine developments in credit supply in recent years and the significance of its role using different approaches and various methods. Based on these, we can establish that credit supply is a significant factor in terms of the development of the Hungarian economy both during crisis periods...
Persistent link: https://www.econbiz.de/10010854250
Persistent link: https://www.econbiz.de/10005072948
Persistent link: https://www.econbiz.de/10009343487
Persistent link: https://www.econbiz.de/10006283799
Using an estimated DSGE model for Hungary, the paper identifies the possible non-Keynesian channels through which a fiscal consolidation may manifest as expansionary. Simulations show that fiscal consolidation policies are typically contractionary. Nevertheless, taking into account some specific...
Persistent link: https://www.econbiz.de/10011276878
Persistent link: https://www.econbiz.de/10007670335
Persistent link: https://www.econbiz.de/10007690604