Selected Papers

SELECTED PUBLICATIONS (in English)

"Changing educational homogamy: Shifting preferences or evolving educational distribution?" (with F. Mendonca), Journal of Demographic Economics, August 2022.

"The Single Resolution Fund and the Credit Default Swap: What is the Coasian fair price of their insurance services?", International Journal of Central Banking, October 2021.

"A new method for identifying the role of marital preferences at shaping marriage patterns" (with F. Mendonca), Journal of Demographic Economics, March 2021. (Coverage in Wikipedia and Defacto).

"Which Aspects of Central Bank Transparency Matter? A Comprehensive Analysis of the Effect of Transparency on Survey Forecasts", (with D. Felcser, Cs. Csavas, Sz. Erhart), International Journal of Central Banking, December 2016. (Coverage in Vox-EU)

"Exchange Rate Dynamics Under State-Contingent Stochastic Process Switching", Journal of International Money and Finance, September 2011.

"Changing Central Bank Transparency in Central and Eastern Europe During the Financial Crisis", (with Cs. Csavas, Sz. Erhart, K. Pinter), in Jonathan A. Batten, Peter G. Szilagyi (ed.) The Impact of the Global Financial Crisis on Emerging Financial Markets (Contemporary Studies in Economic and Financial Analysis, Volume 93), Emerald Group Publishing Limited, March 2011.

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"The options-based model of the target-zone and its application to the French franc in the EMS", Journal of Derivatives & Hedge Funds, October 2010.

"Are the Exchange Rates of EMU Candidate Countries Anchored by their Expected Euro Locking Rates?", In: Focus on European Economic Integration 1/2007, Vienna: ONB.

SELECTED WORKING PAPERS AND OTHER PUBLICATIONS (in English or Hungarian)

"Hogyan szálazzuk szét a megfigyelhető változások okait?" Közgazdasági Szemle, 2022, forthcoming.


"A new method for identifying what Cupid's invisible hand is doing. Is it spreading color blindness while turning us more "picky'' about spousal education?" (with F. Mendonca), work in progress. Earlier version on Arxiv.

"Has the Single Resolution Mechanism Enhanced Financial Stability in Europe? Evidence from CDS Data." (with G. Katay), work in progress.

"Evaluating Publicly Supported Credit Guarantee Programmes for SMEs", (with S. Schich, J. Cariboni, and S. Maccaferri), OECD Report 2017.

"Testing the asset pricing model of exchange rates with survey data", ECB Working Papers No.1200, 2010, Follow up work in 2014 with R. Lieli.

"Has Exchange Rate Pass-through Slowed Down Permanently in Central and Eastern Europe? What Do Survey Data Say?", 2012.

"Beating the random walk in Central and Eastern Europe by survey forecasts", MNB Working Papers, 2011/3.

"Is there a bank lending channel in Hungary? Evidence from bank panel data" (with Cs. Horváth and J. Krekó), MNB Working Papers, 2006/7.

"Interest rate pass-through: the case of Hungary" (with Cs. Horváth and J. Krekó), MNB Working Papers, 2004/8. (Published in Hungarian in Hitelintézeti Szemle and Közgazdasági Szemle).

"Preferential treatment of small and medium-sized enterprises", (with A. Bethlendi), in "Studies On The Potential Impacts Of The New Basel Capital Accord", MNB, Occasional Papers (27), October 2003. p.71-101.