The Effects of Monetary Easing on Spatial Convergence in Hungary

Authors

  • György Kocziszky University of Miskolc
  • Dóra Szendi University of Miskolc

DOI:

https://doi.org/10.18096/TMP.2015.02.02

Keywords:

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

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.

Author Biographies

György Kocziszky, University of Miskolc

Professor

Dóra Szendi, University of Miskolc

Assistant Lecturer

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Published

2015-12-15

How to Cite

Kocziszky, G., & Szendi, D. (2015). The Effects of Monetary Easing on Spatial Convergence in Hungary. Theory, Methodology, Practice – Review of Business and Management, 11(02), 13–22. https://doi.org/10.18096/TMP.2015.02.02

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