IMF Staff Country Reports

Hungary: Selected Issues

October 15, 1996

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Format: Chicago

Hungary: Selected Issues, (USA: International Monetary Fund, 1996) accessed November 28, 2024

Summary

This Selected Issues paper analyzes empirically the main determinants of Hungary’s inflation rate during 1990–96. Although there exist a number of possible methodologies to analyze this issue, the one proposed in the paper takes explicit account of the time-series properties of the variables that are potential candidates for explaining Hungary’s inflation performance. This leads to the specification of a long-term equation, linking consumer prices to a number of macroeconomic variables as well as to proxies for relative price shocks. The paper also examines the external current account and net foreign assets in Hungary.

Subject: Balance of payments, Expenditure, External position, Labor

Keywords: Asia and Pacific, CR, Current account, East Asia, Eastern Europe, Exchange arrangement, Firm, Foreign assets, Hungary, ISCR, NBH assets, NBH law, Pension spending, Pension system, Pensions, Privatization, Retirement, Valuation loss

Publication Details

  • Pages:

    110

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1996/109

  • Stock No:

    1HUNEA0011996

  • ISBN:

    9781451817829

  • ISSN:

    1934-7685