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12 of December, 2016Research
The Expected Impacts of the Introduction of Online Cash Registers into the Taxi Industry

The analysis entitled “The Expected Impacts of the Introduction of Online Cash Registers into the Taxi Industry” by the Institute for Economic and Enterprise Research (IEER) studies the possible effects of the obligatory use of online cash registers in the taxi industry. The analysis took the following aspects into consideration: the characteristics of the Hungarian and more specifically the Budapest taxi industry, the legal environment and economic theories on tax payer behaviour.

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28 of October, 2016Research
Impacts of automation on the labor market in Hungary

The new (digital) revolution generates significant changes in the labor market. The result of the ‘skilled-biased technological change’ suggests the following expectations: the demand for unskilled workers will decrease and the demand for high educated labor force will significantly increase. The full automation of certain professions will result in a decrease in the number of work places. In the IEER research the possible effects of automation on the Hungarian labor market were studied with a primary focus on the effects on districts and counties.

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7 of September, 2016Research
Hungary is on the table September 2016

Economic and social indicators can explicitly describe the economic situation and the potential improvements of a country, as well as they can be part of an international comparison. These 48 economic and social indicators compiled by IEER illustrate the most important economic processes and current situation of Hungary. They can also help us to evaluate Hungary in the regional contest and compare with its earlier performance. In the indicator-set yearly, quarterly and monthly data are available. The data collection was closed on 1st September.

Labels and notes belonging to the graphs are in Hungarian.

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23 of August, 2016Research
The Expected Impact of Brexit on the Hungarian Economy

The result of the June 23th United Kingdom referendum shocked the world. The sudden drop in the exchange rate of the British Pound on the following days supports this very clearly (see Figure 1, 23 to 30 June 2016). In the following brief analysis we describe potential effects of Brexit that may have an impact on Hungary in the medium term. In our work we summarize the conclusions of the Hungarian and international literature related to the UK’s withdrawal from the European Union. The most obvious result of the referendum so far is the financial and political uncertainty that is dominating Europe. Another effect may be a significant decline in the Hungarian Gross Domestic Product in 2016 and the next few years.

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28 of June, 2016Research
Labor market trends of the future

The development of machines and algorithms launched a new industrial revolution that is taking place today. However, there are concerns that society will adapt to this process slower than it did to the previous industrial revolutions or even may not be able to adapt at all. The reason of these assumptions is the exponential acceleration of development. The process could bring serious changes to the labor market. On the one hand we can expect that some professions will cease to exist new ones will come about; on the other hand it can change the distribution of workforce among occupations. The modernization of education could help society to prepare for these changes, but it seems we cannot keep up with this development.

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10 of September, 2015Research
Expected economic effects of the climatic change in Hungary, 2020-2040

The brief analysis of the Institute for Economic and Enterprise Research (IEER) investigates the diverse economic impacts of climate change, and besides that it also focuses on the description of the expectable effects on the Hungarian economy.

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2 of October, 2014Research
How Good is the Purchasing Managers' Index at Forecasting?

The latest GVI study examined the predictive ability of the Purchasing Managers Index. PMI forecasts are more accurate in forecasting a growth in industrial production volume as opposed to a decline. However, upon examining the extent of these changes, a significant correlation can be seen in the changes to the PMI and changes in industrial production three months later.

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