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30 of September, 2017Research
Monthly Bulletin of Economic Trends

Contents

  • Education and Life-Expectancy
  • The possible consequences of US protectionism on European economy
  • International trends
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31 of August, 2017Research
Monthly Bulletin of Economic Trends

Contents:

  • Results of the IEER Quarterly Business Climate Survey – July 2017
  • Donald Trump’s planned financial deregulation
  • International trends
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9 of August, 2017Research
Characteristics of the Russian economy July 2017

In this brief analysis, the current Russian economic characteristics are demonstrated through macroeconomic indicators, and the Russian-Hungarian trade relations are also examined. The Russian economy had a crisis due to the decline of the oil prices and the sanctions against the country that started in 2014; at the end of 2016 a slow recovery could be observed. The economic performance is still highly dependent on the oil trade which means a risk for the country. Russia’s long-term growth potential regardless of the currently expected short-term boom is not significant, primarily because of the low and decreasing productivity.

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7 of August, 2017Research
Results of the IEER SME Outlook Survey July 2017

The results of the latest IEER SME Outlook business climate survey reveal that the business confidence significantly increased compared to the previous quarter: the Business Climate Index rose from 18 to 24 points. Thus, the decreasing tendency that started in January 2017 has been broken.

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2 of August, 2017Research
Poverty of Hungarian seventh grade students and its effect on their further education plans

This paper examines the level of poverty among Hungarian seventh grade students and its effect on their future education plans. The data is based on the answers to a self-administered questionnaire of more than 9000 students from a research conducted by the Institute for Economic and Enterprise Research (IEER) in 2015. We find that a large group of students are deprived of basic necessities and that poor children plan to finish their studies earlier than non-poor children. Using mixed-effects regression models controlling for other possible factors affecting further education plans we show that the negative effect of poverty is substantial.

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1 of August, 2017Research
Results of the IEER Quarterly Business Climate Survey July 2017

The results of the latest quarterly business climate survey reveal favourable economic conditions compared to the previous quarter: the IEER Quarterly Business Climate Index increased from 21 to 32 points. This result indicates that following the decline observed in April 2017, the Business Climate Index returned to the value of around 30 points that had characterised it since January 2016. (The Business Climate Index was 34 points in the same period of the previous year.)

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31 of July, 2017Research
Monthly Bulletin of Economic Trends

Contents:

  • Student Mobility from the Best High Schools in Hungary to Foreign Universities – 2017
  • President Macron’s Economic Policy
  • International trends
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17 of July, 2017Research
Student Mobility from the Best High Schools in Hungary to Foreign Universities – 2017

The IEER analysis examines the plans for higher education of students from the best high schools in Budapest, Pest and Győr-Moson-Sopron Counties. The results show that every tenth student out of all the students of the best high schools submits their application to a foreign higher educational institution. Most of these students plan to reside in their chosen city not only for the duration of their higher education, but for a longer term.

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30 of June, 2017Research
Monthly Bulletin of Economic Trends

Contents:

  • Corporate reactions to the raise of the minimum wage and the guaranteed minimum wage

  • Characteristics of the Russian economy

  • International trends

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6 of June, 2017Research
Corporate reactions to the raise of the minimum wage and the guaranteed minimum wage

This brief analysis is to study what steps national corporations have already taken or they plan to take in 2017 concerning minimum wage raise and the increased guaranteed minimum wage for the skilled workforce in 2017. In the analysis eight taken or due steps in 2017 will be examined: (1) to avoid wage disparity those earning beyond the level of minimum wage will have a wage increase: (2) planned staff recruitment will be cancelled; (3) there will be layoffs; (4) planned investments will be postponed; (5) the scope of activity and tasks of those employees affected by the wage increase will be modified; (6) the affected employees’ employment will become part-time employment; (7) the benefits of the affected employees will be cut; (8) variable pay/at-risk pay will be decreased (bonuses, on-target earnings).

This study used the research conducted in April 2017 on corporate prosperity by HCCI (Hungarian Chamber of Commerce and Industry) IEER (Institute for Economic and Enterprise Research); during this research more than 3200 corporate leaders provided answers to the research questionnaire.

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