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Background Studies


The NBH Background Studies comprise of economic papers related to decision making at the National Bank of Hungary. The aim of series is to increase the transparency of monetary policy. Thus, besides technical issues of forecasting we also publish selected background material of the decision making process. These studies are released only in electronic format. These analyses reflect the views of the authors and do not necessarily correspond with the official views of the National Bank. If you wish to be on our email list for notification for the newest studies, please send your inquiry to