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Pirruszi dezinfláció vagy tartósan alacsony inflációs környezet?
[Pyrrhic deflation or a persistently low-inflation environment?]

Author

Listed:
  • Valentinyi, Ákos
  • Bihari, Péter

Abstract

A vitacikk elméleti és gyakorlati megfontolások alapján tárgyalja, hogy mennyire megalapozott az árfolyam túlértékeltségére vonatkozó állítás. A monetáris politika hatásmechanizmusának vizsgálatán belül kiemeli a várakozások figyelembevételének fontosságát. Foglalkozik a Magyarországon kialakult kamatszint, az infláció és a növekedés kapcsolatával. Monetáris politikai megfontolásokból vitatja az alacsonyabb kamatszint és a gyengébb árfolyam indokoltságát a magyar környezetben. Journal of Economic Literature (JEL) kód: E43, E44, E52, F31.

Suggested Citation

  • Valentinyi, Ákos & Bihari, Péter, 2010. "Pirruszi dezinfláció vagy tartósan alacsony inflációs környezet? [Pyrrhic deflation or a persistently low-inflation environment?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 868-875.
    • Handle: RePEc:ksa:szemle:1196
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    References listed on IDEAS

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    Cited by:

    1. Magas, István, 2011. "Financial liberalisation – The dilemmas of national adaptation," Public Finance Quarterly, Corvinus University of Budapest, vol. 56(2), pages 214-240.
    2. Erdős, Tibor, 2011. "Számít-e a valutaárfolyam? [Does the currency exchange rate count?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 445-459.

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    More about this item

    JEL classification:

    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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