External authors

Balázs Varga

Balázs Varga

Balázs Varga, a Hungarian citizen based in Budapest, works as Quant Analyst at OTP Fund Management where he is responsible for portfolio optimization and creating program trading strategies. He is a Ph.D. candidate at the Corvinus University of Budapest, he holds an MSc in Economics from the same university. He also holds an MSc in Transport Engineering from the Budapest University of Technology and Economics.

His research interests include state space models and their economic and financial applications, control theory, and creating winning trading strategies.

Contact information

nyooc@fazekas.hu

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External Publication

Inflation persistence in central and eastern European countries

This article studies inflation persistence with time-varying coefficient autoregressions for 12 central European countries in comparison with the United States and the euro area. We find that inflation persistence tends to be higher in times of high inflation.

By: Zsolt Darvas and Balázs Varga Topic: European Macroeconomics & Governance Date: February 17, 2014
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Working Paper

Inflation persistence in Central and Eastern European countries

Inflation persistence in Central and Eastern European countries

This paper studies inflation persistence with time-varying coefficient autoregressions for twelve central European countries,in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high inflation. Since the oil price shocks, inflation persistence has declined both in the US and euro-area. In most central and eastern European countries, for which our study covers 1993-2012, inflation persistence has also declined, with the main exceptions of the Czech Republic, Slovakia and Slovenia, where persistence seems to be rather stable.

By: Zsolt Darvas and Balázs Varga Topic: European Macroeconomics & Governance Date: July 21, 2013