IMF Staff Country Reports

Hungary: Selected Issues

May 5, 1999

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Hungary: Selected Issues, (USA: International Monetary Fund, 1999) accessed December 22, 2024

Summary

This Selected Issues paper on Hungary presents an empirical analysis of the leading indicators for inflation and models the determinants of inflation. It summarizes current knowledge about the behavior of inflation and thus underpins the subsequent discussion of possible changes to the current nominal anchor framework. The paper analyzes the growth potential and fiscal issues affecting that potential, and the external constraint. The paper suggests that some relatively stable econometric relationships can be found, despite the considerable structural and policy changes that occurred during the 1990s.

Subject: External debt, Inflation, Labor taxes, Personal income tax, Prices, Social security contributions, Taxes

Keywords: B. trade balance development, Central and Eastern Europe, Chapter III, Chapters VII, CR, Eastern Europe, Exchange arrangement, Exchange rate, Forint-denominated bond, Headline CPI inflation, Income share, Inflation, Inflation measure, ISCR, Labor taxes, Personal income tax, Social security contributions, Trade balance, Western Europe

Publication Details

  • Pages:

    179

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1999/027

  • Stock No:

    1HUNEA0011999

  • ISBN:

    9781451817843

  • ISSN:

    1934-7685