Early-warning indicators ‘crucial' where imbalances don't cause inflation
Variable factors in CEE provide 'plausible' early-warning of inbalances
A combination of the global financial variable, the real exchange rate, capital flows and credit provides a "plausible" early-warning signal of macroeconomic imbalances in central and eastern European countries, according to a new working paper published by the Central Bank of Hungary.
In their paper, Early-warning indicators: financial and macroeconomic imbalances in Central and Eastern European countries, Orsolya Csortos and Zoltán Szalai argue that that finding such indicators is "crucial in the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Supervisors grapple with the smaller bank dilemma
- Fed policy-makers disagree over risks
- Central bank of the year: Central Bank of Brazil