A tanulmány a bérhányad (a munkajövedelem hazai jövedelemhez viszonyított aránya) alakulását tárgyalja Magyarországon, régiós és európai összevetésben. A cikkben először részletesen ismertetjük a bérhányad különböző mérési kérdéseit és az ehhez kapcsolódó...

This paper views the growth and convergence process of five Central- Eastern European economies between 1996 and 2019— the Czech Republic, Hungary, Poland, Slovenia and Slovakia— through the lens of an open economy, stochastic neoclassical growth model with simple financial frictions. Our...

This paper analyzes the dynamics of sectoral Real Gross Value Added (RGVA) around sudden stops in foreign capital inflows. We identify sudden stop episodes statistically from changes in gross capital inflows from the financial account, and use an event study methodology to compare RGVA before...

This paper analyzes the dynamics of sectoral Real Gross Value Added (RGVA) around sudden stops in foreign capital inflows. We identify sudden stop episodes statistically from changes in gross capital inflows from the financial account. In the baseline specification, we estimate changes in the...

This chapter looks at the overall macroeconomic and social situation of the CEEE at the onset of Russia’s aggression on Ukraine and over the consecutive 18 months. Given its close proximity to the Covid-19 crisis, we interpret these shocks together as a twin crisis and draw parallels with the...