Showing 1 - 10 of 3,807
Persistent link: https://www.econbiz.de/10000590469
Persistent link: https://www.econbiz.de/10010525202
This paper analyses the detfirminants of household firms?participation in land rental markets in transition countries and what affects their access to land through rental markets. We derive several theoretical hypotheses on the impact of households?management ability, land endowment, land...
Persistent link: https://www.econbiz.de/10010313289
Seit Beginn der neunziger Jahre befindet sich Ungarn in einem Transformationsprozess, der es hin zu einer … das derzeit in Ungarn bestehende System des föderalen Finanzausgleichs hinsichtlich der dezentralen Ebene zu erfassen … möglicher Reformoptionen und der Reformmodelle, die derzeit in Ungarn diskutiert werden, sind entsprechend im Blickwinkel der …
Persistent link: https://www.econbiz.de/10010301333
The paper explains the observed asymmetric inflation response to value-added tax (VAT) changes in Hungary by calibrating a standard sectoral menu cost model on a new micro-level CPI data set. The model is able to reproduce important moments of the data, and finds that the asymmetry can be...
Persistent link: https://www.econbiz.de/10010494360
When and how to subsidize tax-favored pension accounts? To defend myopic workers against themselves, the government introduces a mandatory system but to help savers, it adds taxfavored retirement accounts. If the mandatory system is progressive, then a proportional voluntary system can...
Persistent link: https://www.econbiz.de/10010494392
By placing store-level price data into bivariate Structural VAR models of inflation and relative price asymmetry, this study evaluates the quantitative importance of idiosyncratic pricing shocks in short-run aggregate price change dynamics. Robustly to alternative definitions of the relative...
Persistent link: https://www.econbiz.de/10009636524
This document gives a detailed account of the current version of the Hungarian Quarterly Projection Model (NEM). It describes the main building blocks, presents the forecast performance of the model and, finally, it illustrates the responses to the most important shocks the Hungarian economy may...
Persistent link: https://www.econbiz.de/10010322393
The main goal of this paper is to examine the relationship between macroeconomic shocks and yield curve movements in Hungary. To this end, we apply a Nelson-Siegel type dynamic yield curve model, where changes of the yield curve are driven by two latent factors and some key macro variables that...
Persistent link: https://www.econbiz.de/10010322460
Persistent link: https://www.econbiz.de/10001513294