The Magyar Nemzeti Bank attaches considerable importance to disseminating key results and conclusions of the central bank’s research and analysis activities related to current Hungarian economic trends of general interest in a comprehensive form. This second issue of the MNB Bulletin contains six studies, which deal with the medium-term inflation target of monetary policy, the interpretation of market expectations regarding the level of the central bank base rate, the inflationary effect of changes in the VAT rate, the operation of interbank foreign exchange trading, the possible consequences of global imbalances for Hungary and the reform of corporate insolvency regulations.
The Editorial Board
The complete volume can be downloaded here
The article of this volume can be downloaded below:
The effect of the change in VAT rates on the consumer price index (by Péter Gábriel and Ádám Reiff)
Consequences of global imbalance corrections for Hungary (by Zoltán M. Jakab)
Considerations for setting the medium-term inflation target (by András Rezessy)