- Subscribe to this page:
- RSS
- Email Alert
Magyar Nemzeti Bank
(11 results)-
White Papers
Optimal Simple Monetary Policy Rules And Welfare In A DSGE Model For Hungary
April 1, 2010, 12:00am PDT
The authors explore the properties of welfare-maximizing monetary policy in a medium-scale DSGE model for Hungary. In order to make the results operational from a policymaker's perspective, they...
Provided by Magyar Nemzeti Bank
-
White Papers
Risk Premium Shocks, Monetary Policy And Exchange Rate Pass-Through In The Czech Republic, Hungary And Poland
January 1, 2010, 12:00am PST
This paper investigates the role of monetary policy in a small open economy, where exchange rate shocks are important. VAR models are estimated for the Czech Republic, Hungary and Poland....
Provided by Magyar Nemzeti Bank
-
White Papers
The Role of Financial Market Structure And The Trade Elasticity For Monetary Policy In Open Economies
April 1, 2010, 12:00am PDT
The degree of international risk sharing matters for how monetary policy should optimally be conducted in an open economy. This is because risk sharing affects the way in which monetary policy is...
Provided by Magyar Nemzeti Bank
-
White Papers
Macro Stress Testing With Sector Specific Bankruptcy Models
February 1, 2008, 12:00am PST
This paper employs the methodology of Wilson (1997) on Hungarian data to conduct a macro stress test in relation to banks' corporate loan portfolio. First, sector specific models of bankruptcy are...
Provided by Magyar Nemzeti Bank
-
White Papers
Labour Market Institutions In Hungary With A Focus On Wage And Employment Flexibility
November 1, 2008, 12:00am PDT
It is widely believed today, that the operation of the labour markets is influenced by institutional factors, affecting macroeconomic adjustment in response to shocks. In this way, labour market...
Provided by Magyar Nemzeti Bank
-
White Papers
Exchange Rate Exposure Of Hungarian Enterprises - Results Of A Survey
July 1, 2009, 12:00am PDT
In this paper, the author examines the exchange rate exposure of Hungarian enterprises from a financial stability perspective. In connection with the recent growth in FX loans to enterprises, the...
Provided by Magyar Nemzeti Bank
-
White Papers
Money Velocity In An Endogenous Growth Business Cycle With Credit Shocks
June 1, 2007, 12:00am PDT
The paper sets the neoclassical monetary business cycle model within endogenous growth, adds exchange credit shocks, and finds that money and credit shocks explain much of the velocity variation....
Provided by Magyar Nemzeti Bank
-
White Papers
Unfavourable Investment Data ? Risks To Economic Growth?
June 1, 2007, 12:00am PDT
Future potential economic growth is a factor of key importance in judging the expected output gap and the inflationary pressure it entails. One important element of potential growth is the level...
Provided by Magyar Nemzeti Bank
-
White Papers
Driving Factors Of Growth In Hungary - A Decomposition Exercise
September 1, 2010, 12:00am PDT
Applications tend to ignore that measured TFP reflects the variation of output that cannot be explained by changes in inputs. Such a change is not necessarily technological, so measured TFP...
Provided by Magyar Nemzeti Bank
-
White Papers
The Structure Of External Financing: Is There A Reason To Worry About Financing Through Debt?
April 1, 2008, 12:00am PDT
Hungary's external balance indicators improved a great deal in 2007. Simultaneously, however, the external debt ratio also rose which, in an international climate of uncertainty stemming from the...
Provided by Magyar Nemzeti Bank
-
White Papers
MPM - The Magyar Nemzeti Bank's Monetary Policy Model
June 1, 2011, 12:00am PDT
March 2011 marked the introduction of the MNB's Monetary Policy Model (MPM), representing a paradigm shift in both inflation forecasting and monetary policy decision support. In contrast to the...
Provided by Magyar Nemzeti Bank
-
White Papers
MPM - The Magyar Nemzeti Bank's Monetary Policy Model
June 1, 2011, 12:00am PDT
March 2011 marked the introduction of the MNB's Monetary Policy Model (MPM), representing a paradigm shift in both inflation forecasting and monetary policy decision support. In contrast to the...
Provided by Magyar Nemzeti Bank
-
White Papers
The Structure Of External Financing: Is There A Reason To Worry About Financing Through Debt?
April 1, 2008, 12:00am PDT
Hungary's external balance indicators improved a great deal in 2007. Simultaneously, however, the external debt ratio also rose which, in an international climate of uncertainty stemming from the...
Provided by Magyar Nemzeti Bank
-
White Papers
Driving Factors Of Growth In Hungary - A Decomposition Exercise
September 1, 2010, 12:00am PDT
Applications tend to ignore that measured TFP reflects the variation of output that cannot be explained by changes in inputs. Such a change is not necessarily technological, so measured TFP...
Provided by Magyar Nemzeti Bank
-
White Papers
Unfavourable Investment Data ? Risks To Economic Growth?
June 1, 2007, 12:00am PDT
Future potential economic growth is a factor of key importance in judging the expected output gap and the inflationary pressure it entails. One important element of potential growth is the level...
Provided by Magyar Nemzeti Bank
-
White Papers
Money Velocity In An Endogenous Growth Business Cycle With Credit Shocks
June 1, 2007, 12:00am PDT
The paper sets the neoclassical monetary business cycle model within endogenous growth, adds exchange credit shocks, and finds that money and credit shocks explain much of the velocity variation....
Provided by Magyar Nemzeti Bank
-
White Papers
Exchange Rate Exposure Of Hungarian Enterprises - Results Of A Survey
July 1, 2009, 12:00am PDT
In this paper, the author examines the exchange rate exposure of Hungarian enterprises from a financial stability perspective. In connection with the recent growth in FX loans to enterprises, the...
Provided by Magyar Nemzeti Bank
-
White Papers
Labour Market Institutions In Hungary With A Focus On Wage And Employment Flexibility
November 1, 2008, 12:00am PDT
It is widely believed today, that the operation of the labour markets is influenced by institutional factors, affecting macroeconomic adjustment in response to shocks. In this way, labour market...
Provided by Magyar Nemzeti Bank
-
White Papers
Macro Stress Testing With Sector Specific Bankruptcy Models
February 1, 2008, 12:00am PST
This paper employs the methodology of Wilson (1997) on Hungarian data to conduct a macro stress test in relation to banks' corporate loan portfolio. First, sector specific models of bankruptcy are...
Provided by Magyar Nemzeti Bank
-
White Papers
The Role of Financial Market Structure And The Trade Elasticity For Monetary Policy In Open Economies
April 1, 2010, 12:00am PDT
The degree of international risk sharing matters for how monetary policy should optimally be conducted in an open economy. This is because risk sharing affects the way in which monetary policy is...
Provided by Magyar Nemzeti Bank
-
White Papers
Risk Premium Shocks, Monetary Policy And Exchange Rate Pass-Through In The Czech Republic, Hungary And Poland
January 1, 2010, 12:00am PST
This paper investigates the role of monetary policy in a small open economy, where exchange rate shocks are important. VAR models are estimated for the Czech Republic, Hungary and Poland....
Provided by Magyar Nemzeti Bank
-
White Papers
Optimal Simple Monetary Policy Rules And Welfare In A DSGE Model For Hungary
April 1, 2010, 12:00am PDT
The authors explore the properties of welfare-maximizing monetary policy in a medium-scale DSGE model for Hungary. In order to make the results operational from a policymaker's perspective, they...
Provided by Magyar Nemzeti Bank
Keep Up with TechRepublic
Submit a Paper
Get your content listed in our directory!
Our directory is the largest library of vendor-supplied technical content on the Web. It’s also the first place IT decision makers turn to when researching technology solutions. Our members are already finding your competitors’ papers here - shouldn’t they find yours, too? It's FREE so click here and submit your white paper, case study, data sheet, research report, or other document today!
