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Household Portfolios in Hungary, 1970-1990

Author

Listed:
  • Abel, István
  • Székely, Istvan P.

Abstract

The paper deals with household saving and portfolio allocation in Hungary during the economic transformation. It describes the available assets, their structural characteristics, and the level of real and financial wealth accumulation during the last two decades. Special attention is paid to the impact of the reforms of the financial system and other important factors in the economic transformation.

Suggested Citation

  • Abel, István & Székely, Istvan P., 1992. "Household Portfolios in Hungary, 1970-1990," CEPR Discussion Papers 619, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:619
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    References listed on IDEAS

    as
    1. Katz, Michael L., 1989. "Vertical contractual relations," Handbook of Industrial Organization,in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 11, pages 655-721 Elsevier.
    2. Stephen W. Salant & Sheldon Switzer & Robert J. Reynolds, 1983. "Losses From Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium," The Quarterly Journal of Economics, Oxford University Press, vol. 98(2), pages 185-199.
    3. Patrick Rey & Jean Tirole, 1985. "The Logic of Vertical Restraints," Working papers 396, Massachusetts Institute of Technology (MIT), Department of Economics.
    4. Michael A. Salinger, 1988. "Vertical Mergers and Market Foreclosure," The Quarterly Journal of Economics, Oxford University Press, vol. 103(2), pages 345-356.
    5. Maskin, Eric S & Newbery, David M, 1990. "Disadvantageous Oil Tariffs and Dynamic Consistency," American Economic Review, American Economic Association, pages 143-156.
    6. Grosfeld, Irena & Hare, Paul G, 1991. "Privatization in Hungary, Poland and Czechoslovakia," CEPR Discussion Papers 544, C.E.P.R. Discussion Papers.
    7. Rey, Patrick & Tirole, Jean, 1986. "The Logic of Vertical Restraints," American Economic Review, American Economic Association, pages 921-939.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Household Saving; Hungary; Portfolio Allocation;

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