Books in the Schriften Zur Wirtschaftstheorie Und Wirtschaftspolitik series

Provides the gamut of political economy from theoretical and philosophical principles to the application of selected methods in giving policy advice. In this title, the leitmotif for articles is the Social Market Economy, and a further unifying theme is the application to transformation economies in South East Europe, both within EU and beyond.

In context with the Eastern enlargement of the European Union, this title deals with the effects of pre- and post-enlargement integration policies on industry concentration and regional development in Hungary.

The last decades have witnessed major progress in both monetary policy theory and practice, with academic consensus on the desirability of monetary policy rules and ongoing research on their exact specification. This title concludes that rules with inflation and an output gap target ensure a rational-expectations equilibrium.