Working Papers


  • 10-June-2014

    English

    Enhancing competition and the business environment in Hungary

    Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels.

  • 10-June-2014

    English

    Tackling labour mismatches and promoting mobility in Hungary

    Significant labour market mismatches and insufficient mobility penalise employment and productivity. Mismatches have above all a skills dimension, with an excess of low-skilled workers and a possible lack of skilled workers in certain domains.

  • 13-March-2012

    English

    Work incentives and recent reforms of the tax and benefit system in Hungary

    Reducing the extent of inactivity and promoting labour supply is essential to foster labour market outcomes in Hungary in the medium term.

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  • 13-March-2012

    English

    Assessing the sensitivity of Hungarian debt sustainability to macroeconomic shocks under two fiscal policy reactions

    Hungarian debt level has steadily increased since 2001, with the debt-to-GDP ratio reaching about 84% at end-2011.

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  • 13-March-2012

    English

    Non-Keynesian effects of fiscal consolidation: an analysis with an estimated DSGE model for the Hungarian economy

    Using an estimated DSGE model for Hungary, the paper identifies the possible non-Keynesian channels through which a fiscal consolidation may manifest as expansionary.

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  • 8-March-2011

    English

    How efficient are banks in Hungary?

    Apparent characteristics of the Hungarian banking market such as large profits and high margins suggest weak competitive pressures. Weak competition in turn, may reduce efficiency in a lack of pressures to converge to marginal cost and to stimulate managerial efforts to reduce X-inefficiency.

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  • 14-September-2010

    English

    Sustaining the Momentum of Fiscal Reform in Hungary

    Hungary has faced a considerable challenge to regain credibility following persistent and high fiscal deficits. Efforts during recent years have produced substantial results. These and other points are discussed in this working paper.

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  • 17-June-2010

    English

    Enhancing Financial Stability Through Better Regulation in Hungary

    The global crisis exposed weaknesses in the Hungarian financial system that pose risks to financial stability, as discussed in this working paper.

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  • 16-July-2007

    English

    Encouraging Sub-national Government Efficiency in Hungary (Economics Department Working Paper 565)

    This working paper looks at the challenges facing Hungary's counties and municipalities in modernising local infrastructures as well as dealing with cutbacks to administrative overheads and tough decisions in public services.

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  • 16-July-2007

    English

    Family Policy in Hungary: How to Improve the Reconciliation Between Work and Family?

    This working paper looks at how to shift the policy focus towards reconciling work and family life. Reasons for under-provision in childcare by local governments are discussed and recommendations for further central-government intervention to improve supply are made.

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