Volume: 2015

Issue: 02

Author(s):

György Kocziszky, Dóra Szendi

Article title:

The Effects of Monetary Easing on Spatial Convergence in Hungary

Journal:

Theory, Methodology, Practice

Pages:

13-22

Keywords:

territorial disparities; monetary policy; fiscal and monetary easing; convergence

JEL-code:

E52,O18, R12

DOI:

10.18096/TMP.2015.02.02

Abstract:

There has been no substantive change in the existing disparities between the central and peripheral regions in the ten years after the Hungarian accession to the EU (2004-2014). The authors summarise in their study the possibility of econometric modelling of the relationship between regional convergence and monetary easing. On the basis of the represented model the effects of monetary easing, beginning in 2012, on the central, peripheral and semi-peripheral territories are construed, and other interventions needed to reach substantive path-correction are identified.

Bibtex entry

{
@ARTICLE { TMP201502-13,
AUTHOR = {György Kocziszky and Dóra Szendi},
TITLE = {The Effects of Monetary Easing on Spatial Convergence in Hungary}
JOURNAL = {Theory, Methodology, Practice},
VOLUME = {11},
NUMBER = {02},
PAGES = {13-22},
YEAR = {2015}
}

License:

CC-BY
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