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MNB Bulletin November 2007

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The Magyar Nemzeti Bank assigns great importance to making available for the wider public those central bank analyses which deal with various current economic and financial developments of general interest. This volume, which contains six studies, is the second issue of the MNB Bulletin, in its second year of publication. It contains theoretical articles (central bank objective functions, interest rate smoothing), analyses of international topics (crisis simulation exercises, cyclical effect of new banking regulations) as well as studies expressly relating to Hungary (financial market information used by the MNB, risks of household indebtedness).

The articles of this volume can be downloaded below:

The complete volume can be downloaded here