Hungary—Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

October 15, 1996

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.

Series:

Country Report No. 96/109

Subject:

English

Publication Date:

October 15, 1996

ISBN/ISSN:

9781451817829/1934-7685

Stock No:

1HUNEA0011996

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

110

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