@article{MTMT:33932195,
	title = {Influence of natural resources, ICT, and financial globalization on economic growth: Evidence from G10 countries},
	url = {https://m2.mtmt.hu/api/publication/33932195},
	author = {Ze, Fu and Yu, Wence and Ali, Anis and Hishan, Sanil S. and Muda, Iskandar and Khudoykulov, Khurshid},
	doi = {10.1016/j.resourpol.2022.103254},
	journal-iso = {RESOUR POL},
	journal = {RESOURCES POLICY},
	volume = {81},
	unique-id = {33932195},
	issn = {0301-4207},
	abstract = {This paper aims to investigate the influence of natural resources, information and communication technologies (ICT), and financial globalization on the economic growth of G10 economies while controlling the effect of labor and capital. We apply the cross-sectional-autoregressive-distributed lag (CS-ARDL) model on annual data from 1992 to 2020. Initial results confirm the presence of cross-sectional dependence, heterogeneity in the slope coefficients, stationarity properties, and panel cointegration. The long-run and short-run results illustrate that natural resource dependency leads to lower economic growth. This confirms the Dutch disease hypothesis, where the natural resource industry adversely impactsthe manufacturing industry and causes a subsequent decline in national income. Financial globalization promotes economic growth, whereas ICT only does it in the long run. These results suggest that digitalization and financial globalization are imperative for sustainable growth.},
	keywords = {Natural resources; ICT; economic growth; financial globalization},
	year = {2023},
	eissn = {1873-7641},
	orcid-numbers = {Ali, Anis/0000-0001-7799-6043; Muda, Iskandar/0000-0001-6478-9934}
}

@article{MTMT:33390981,
	title = {Dynamic effect of green financing and green technology innovation on carbon neutrality in G10 countries: fresh insights from CS-ARDL approach},
	url = {https://m2.mtmt.hu/api/publication/33390981},
	author = {Jian, Xiao and Afshan, Sahar},
	doi = {10.1080/1331677X.2022.2130389},
	journal-iso = {ECON RES-EKON ISTRAZ},
	journal = {ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA},
	unique-id = {33390981},
	issn = {1331-677X},
	abstract = {There is a notion that finance plays a crucial role in anthropogenic; however, the emerging trends have been observed to incorporate environmental concerns into sustainable financing. Moreover, technological innovations tend to help in achieving carbon neutrality. This research examines the role of green financing (GFIN) and green technologies in dealing with carbon neutrality in G10 economies from 2000 through 2018. Advanced panel estimations; Cross-Sectional ARDL, cross-sectional dependence, unit root test with and without structural breaks, slope homogeneity, and panel cointegration has applied. The long- and short-run estimates confirm that GFIN and technologies promote carbon neutrality. Moreover, the long-run results endorse the validity of the Environmental Kuznets Curve. Similar findings are observed in the short run except for EKC; however, their marginal contribution toward carbon neutrality is relatively higher in the long run. Moreover, the negative sign of the error correction term endorses convergence towards steady-state equilibrium. These results are endorsed by alternative estimators and offer valuable recommendations.},
	keywords = {environmental sustainability; Green financing; Green innovations; CS-ARDL},
	year = {2022},
	eissn = {1848-9664}
}

@article{MTMT:33131583,
	title = {Nexus between natural resources, globalization and ecological sustainability in resource-rich countries: Dynamic role of green technology and environmental regulation},
	url = {https://m2.mtmt.hu/api/publication/33131583},
	author = {Luo, Shunjun and Mabrouk, Fatma},
	doi = {10.1016/j.resourpol.2022.103027},
	journal-iso = {RESOUR POL},
	journal = {RESOURCES POLICY},
	volume = {79},
	unique-id = {33131583},
	issn = {0301-4207},
	year = {2022},
	eissn = {1873-7641},
	pages = {online}
}

@article{MTMT:33334256,
	title = {Do menu costs lead to hysteresis in aggregate output? The experiences of some agent-based simulations},
	url = {https://m2.mtmt.hu/api/publication/33334256},
	author = {Váry, Miklós},
	doi = {10.1556/032.2022.00033},
	journal-iso = {ACTA OECON},
	journal = {ACTA OECONOMICA},
	volume = {72},
	unique-id = {33334256},
	issn = {0001-6373},
	abstract = {The transitory shock of the financial crisis of 2008 pushed most economies to permanently lower-level growth paths than those prevalent before the crisis, which can be considered as a manifestation of hysteresis. It is well known that some fixed adjustment costs lead to hysteresis in aggregate output. This paper investigates within an agent-based model, whether the fixed costs of price adjustment (menu costs) lead to the same result. Hysteresis emerges in some simple variants of the model independently of firms being assumed boundedly or perfectly rational, but these model variants fit to the empirical data poorly. The model's empirical performance can be improved by assuming that firms are hit by idiosyncratic productivity shocks, but these shocks eliminate hysteresis generated by menu costs. However, hysteresis survives even in their presence, if it is generated by demand-supply interactions, i.e., positive feedbacks from the output gap to potential output. Our conclusion is that if one would like menu costs to serve as an at least as relevant explanation for the hysteretic dynamics of aggregate output as demand-supply interactions, one has to find an alternative assumption to replace idiosyncratic productivity shocks as a mechanism to assure good empirical fit for the model.},
	year = {2022},
	eissn = {1588-2659},
	pages = {499-529},
	orcid-numbers = {Váry, Miklós/0000-0001-7244-3028}
}

@article{MTMT:32540658,
	title = {Effects of the financial crisis and low interest rate environment on interest rate pass-through in Czech Republic, Hungary and Romania},
	url = {https://m2.mtmt.hu/api/publication/32540658},
	author = {Varga, János Zoltán},
	doi = {10.1556/032.2021.00039},
	journal-iso = {ACTA OECON},
	journal = {ACTA OECONOMICA},
	volume = {71},
	unique-id = {32540658},
	issn = {0001-6373},
	year = {2021},
	eissn = {1588-2659},
	pages = {551-567}
}

@article{MTMT:30718651,
	title = {Ten Years after The Global Economic Crisis},
	url = {https://m2.mtmt.hu/api/publication/30718651},
	author = {Magas, A. István},
	journal-iso = {PÉNZÜGYI SZEMLE},
	journal = {PÉNZÜGYI SZEMLE/PUBLIC FINANCE QUARTERLY (1963-)},
	volume = {64},
	unique-id = {30718651},
	issn = {0031-496X},
	abstract = {The study attempts to take stock of the crisis management measures taken during the global economic crisis between 2008 and 2011, draw macroeconomic conclusions from it and identify the uncertainties and the old-yet-new risks still persisting at the end of 2018. The most important conclusion is that while both economic conditions and financial systems were able to stabilize in the most developed countries of the world economy, it cannot be claimed with full certainty that all risks that had previously led to a recession were able to be handled properly. While quantitative easing (QE) and discretionary fiscal policies in both the USA and the EU restored normalcy in the business cycle, neither productive investments nor labor or total factory productivity were able to return to the growth trends experienced before the crisis.},
	year = {2019},
	eissn = {2064-8278},
	pages = {93-109}
}