This article examines cross-price promotional effects in a dynamic context. Among other things, we investigate whether previously established findings hold when consumer and competitive dynamics are taken into account. Five main influential effects (asymmetric price effect, neighborhood price...

Elemzésünkben hibakorrekciós modellek segítségével vizsgáljuk a piaci hozamok és a banki forinthitel- és forintbetéti kamatok közötti transzmissziót az 1997-2004-as periódusra - mind aggregált, mind egyedi banki adatokra vonatkozóan. Lineáris modellünk alapján a rövid...

Although several aspects of gambling have been thoroughly investigated, little is known about the effect of seasonality on gambling. This study investigated the seasonal patterns in slot-machine usage, based on a unique data set of slot-machine usage from a German gambling centre using time...

In this paper we analyze the bank lending channel in Hungary. We provide a brief overview of the theory and the empirical approaches used to investigate the existence of bank lending channel. From the possible methods we use the generally applied approach suggested by Kahsyap and Stein (1995)...

This paper studies the pass-through from the short-term money market rate to various forint denominated bank rates in Hungary between 1997-2004. The analysis is based on linear and non-linear error correction models (ECMs), using both aggregated and bank level data. According to the linear ECM...

In this paper we analyze the degree of competition in the Hungarian household credit and deposit markets. We estimate discrete-choice, multinomial logit deposit service and loan demand functions for each bank and calculate the corresponding price elasticities. Two models of the banking industry...

Vector AutoRegressive (VAR) models have become popular in analyzing the behavior of competitive marketing systems. However, an important drawback of VAR models is that the number of parameters to be estimated can become very large. This may cause estimation problems, due to a lack of degrees of...

In this review, we give a comprehensive summary of time series techniques in marketing, and discuss a variety of time series analysis (TSA) techniques and models. We classify them in the sets (i) univariate TSA, (ii) multivariate TSA, and (iii) multiple TSA. We provide relevant marketing...