Balázs Égert

TL;DR: In this paper, the authors present an overview of the various methods available for calculating equilibrium exchange rates and discuss how useful they are likely to be for the transition economies of the former soviet bloc.

TL;DR: In this paper, the authors studied the determinants of house prices in eight transition economies of central and eastern Europe (CEE) and 19 OECD countries and showed that house prices can be explained well by the underlying conventional fundamentals and some transition specific factors, in particular institutional development of housing markets and housing finance and quality effects.

TL;DR: In this article, the authors studied the Balassa-Samuelson effect in nine Central and East European countries and found that the productivity growth differential in the open sector leads to inflation in non-tradable goods.

TL;DR: In this article, the authors put the Reinhart-Rogoff dataset to a formal econometric testing to see whether public debt has a negative nonlinear effect on growth if public debt exceeds 90% of GDP.

TL;DR: In this article, the authors analyze comovements among three stock markets in Central and Eastern Europe and, in addition, interdependence which may exist between Western European (DAX, CAC, UKX) and Central And Eastern European (BUX, PX-50, WIG-20) stock markets.