| Description |
1 online resource (41 pages) : illustrations |
| Series |
IMF country report, 2227-8907 ; no. 08/314 |
|
IMF country report ; no. 08/314.
|
| Contents |
Cover; Contents; I. Credibility Effects of Numerical Fiscal Rules: An Empirical Investigation; A. Introduction; B. The Fiscal Rule Index; Figures; 1. Budget-Balance and Debt Rules: EU-25 (1990-2005); C. The Determinants of Long-Term Interest Rates; 2. Budget-Balance and Debt Rules in Strong vs. Weak Fiscal Performers in 2005; 3. Budget-Balance and Debt Rules in Countries with High- vs. Long-Term Government Bond Yields in 2005; Tables; 1. Determinants of Long-Term Interest Rates in the EU-25 (1990-2005); 2. Determinants of Long-Term Interest Rates in the EU-25 (1990-2005): Selected Sub-Samples |
|
3. Impact of the Fiscal Rules on Long-Term Interest Rates: Specific Features of the Rule (EU-25, 1990-2005, Non-Excessive Public Debt)D. Fiscal Behavior Effect; 4. Determinants of Long-Term Interest Rates and Cyclically Adjusted Primary Balances (EU-25, 1990-2005; E. Conclusions; Appendix; Table A1. Panel Unit Root Tests; References; II. Monetary Policy Responses to Real and Portfolio Shocks in Hungary; A. Introduction; B. Background; C. FPAS Model; D. Model Consistenty of Baseline Projections; Box; 1. Summary of Equations and Variables; Figures; 1. Baseline Projections, 2008-13 |
|
E. Policy Responses to Shocks2. External Demand Shock; 3. Risk Premium Shock; F. Benefits to Enhancing Inflation-Fighting Credibility; G. Conclusion; Appendix; Calibration of the FPAS Model to Hungary; References |
| Summary |
Annotation In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country |
| Notes |
"September 2008"--Cover |
|
"Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country." |
| Bibliography |
Includes bibliographical references |
| Notes |
Print version record |
| Subject |
Fiscal policy -- Hungary
|
|
Monetary policy -- Hungary
|
|
Economic history
|
|
Economic policy
|
|
Fiscal policy
|
|
Monetary policy
|
| SUBJECT |
Hungary -- Economic policy -- 1989-
http://id.loc.gov/authorities/subjects/sh90000604
|
|
Hungary -- Economic conditions -- 1989-
http://id.loc.gov/authorities/subjects/sh90000603
|
| Subject |
Hungary
|
| Form |
Electronic book
|
| Author |
Joshi, Bikas, author.
|
|
Mitra, Srobona, author.
|
|
International Monetary Fund, issuing body.
|
| ISBN |
1280893281 |
|
9781280893285 |
|
9781451991062 |
|
1451991061 |
|
