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Judit Sági – Balázs Ferkelt: Monetary policy and transmission in the eurozone and in Hungary before and after the 2008-2009 crisis

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Az eurózóna és Magyarország pénzügypolitikájának változásait vizsgálja a könyv, a fókuszban a 2008-2009-es válság előtti és utáni időszak áll.

The scientific book “Monetary policy and transmission in the eurozone and in Hungary before and after the 2008-2009 crisis” – written by Judit Sági and Balázs Ferkelt – outlines the problems that have characterized the euro area since its inception, and the challenges posed to monetary policy by the global financial and economic crisis of 2008-2009, to which the world’s central banks have responded differently. As a response to the crisis, the Hungarian central bank implemented substantial changes in its monetary policy regime in the 2010s, with the help of the toolkit presented in the book.
The volume is recommended reading for all researchers, academics and university students in the field of monetary policy, and the economic and monetary union, especially in the EU Member States that are about to adopt the euro.