Cover Image
Read Now

Hungary Selected Issues

This Selected Issues paper for Hungary highlights the monetary policy framework in Hungary and the models used by the central bank (MNB). The MNB’s Quarterly Projection Model combines neo-Keynesian features in the short term with neoclassical features in the long term. It is a two-sector small-open-...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2008
Series:IMF Staff Country Reports
Subjects:
Interest Rates
Inflation
Public Debt
Finance
Fiscal Rules
Public Finance & Taxation
Currency; Foreign Exchange
Financial Services
Deflation
Debt Management
Debts, Public
Fiscal Policy
Debt
Production; Economic Theory
Sovereign Debt
Macroeconomics: Production
Price Level
Banks And Banking
Prices
Macroeconomics
Banking
Interest Rates: Determination, Term Structure, And Effects
Long Term Interest Rates
Public Finance
Production And Operations Management
Central Bank Policy Rate
Hungary
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper for Hungary highlights the monetary policy framework in Hungary and the models used by the central bank (MNB). The MNB’s Quarterly Projection Model combines neo-Keynesian features in the short term with neoclassical features in the long term. It is a two-sector small-open-economy model, estimated by Bayesian methods. Fiscal policy is modeled using various revenue and expenditure items. Rich in sectoral details and structural shocks, the model generates impulse responses of different variables to structural shocks
Physical Description:42 pages
ISBN:9781451818109

Similar Items