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Authors guide


Dear Authors,

The Financial and Economic Review (FER) is a proofread journal of social sciences that welcomes first-published articles, preferably from the areas of social sciences, including economics, finance in a broad sense (credit institutions, insurance and capital market issues), management and organisational sciences, as well as their neighbouring disciplines. The categories of manuscripts for publication include: studies, essays, book reviews, conference reports. Publication is possible in English or Hungarian.

1. Steps of publication

1.1. Prior to submission, please consult with our editorial recommendations (2) and legal terms and conditions (3).

1.2. English manuscripts shall be submitted to the editorial staff (FER) electronically.

1.3. Our e-mail address:

1.4. Decisions on accepting the manuscripts for peer-review are made on the quarterly held Editorial Board’s meetings. Authors receive information about the decision electronically.

1.5. Manuscripts are assessed by double-blind review (for more detail, please see the Guidelines for Reviewers).

1.6. After receiving the peer-reviewers' opinions, the authors revise their paper as necessary. The material revised by the authors and the response letters are submitted to the peer-reviewers.

1.7. Decision on publishing the peer-reviewed and finalized manuscript are made by the Editorial Board. After the proofreading process the selected manuscripts are published in English in the Financial and Economic Review, and simultaneously in Hungarian in the Hitelintézeti Szemle. It is sufficient to submit the articles to be published in one of the languages.

1.8. The Editorial Board decides on the publication of the submitted feature articles, book reviews and conference reports. Articles intended for these columns may be published after editorial consultation and proofreader editing.

1.9. Prior to publication, a final, edited version of the manuscript will be sent to the authors for final checking and approval. Once approved by the authors, the paper cannot be subsequently modified.

2. Editorial RULES

2.1. A fundamental requirement for all contributions is correct grammar and language use in English. The average length of the studies is 1 sheet (40,000 characters including spaces). A maximum ±50 per cent deviation is accepted. The average length of the essays is 35,000 characters with spaces, with a maximum deviation of ± 20 per cent. The recommended length for feature articles is between 14,000 and 24,000 characters. The recommended length for book reviews and conference reports is 7,000-15,000 characters, with a maximum of 28,000 characters for a more detailed report of a major international conference (to be agreed in advance). Authors are requested to use a brief, concise, expressive and awareness-raising title (up to seven words), possibly without using questions in it. Papers (regardless of the column) shall be written by up to 4-5 authors.

2.2. A template for writing studies, essays and professional articles that takes into account the requirements of the authors' guidelines can be downloaded here.

2.3. In case of studies and essays, an abstract shall be placed on the title page of the manuscript (800–1,000 characters) containing an overview of the main hypotheses, tools, methods and assertions of the paper. The abstract cannot contain abbreviations and references. In addition, below the summary the Journal of Economics Literature (JEL) codes ( and keywords shall be also included.


JEL codes: E44, E58, G21
Keywords: monetary policy, inflation targeting, Taylor rule

Feature articles shall have only a short (max. 800 characters) abstract.

2.4. The author’s occupation (possibly including position) shall be shown at the bottom of the title page, along with the author’s affiliation (in case of several affiliations, they shall be separated with semicolons), e-mail address, information regarding the preparation of the article and any acknowledgments. All footers shall be set in italics, in font size 9.

First name Surname: Name of the institution, Job title (For example: XY: Name of institution1, Job title1; Name of institution2, Job title2). Email: mail address

2.5. In case of studies, the expectation is to process and present the significant and relevant international literature and for Hungarian-related issues also Hungarian literature on the given topic. Scientific publications are also expected to follow a general logical structure. This not only makes the studies logical and understandable, but also speeds up orientation. Most scientific publications follow the following structure: Introduction/Literature review, Methodology, Results, Discussion/Conclusion (IMRaD).

2.6. An essay can discuss the examined issue in an understandable, readable form, and which typically presents the problem either in general terms or focuses on some of its key features. An essay contains the author's opinion and point of view expounded in a more pivotal way, it is more subjective, putting less emphasis on mathematical modeling of the problem, primary data collection, or data analysis based on deeper statistical / mathematical / econometric / time series analysis methods. Occasionally the review of the literature on the topic is also focused, not exhaustive.)

2.7. To facilitate double-blind review, authors shall submit two separate files to the editor. One of the files shall be anonymised, prepared in a way that does not reveal the author’s identity (e.g. name, address, place of work).

2.8. Self-references shall be limited to the minimum, with the source indicated in each case. Otherwise the suspicion of plagiarism may arise during the process of double-blind reviewing. In addition, authors shall avoid using the first person singular whenever quoting his or her own work.

2.9. At the end of the article studies, essays and feature articles shall include a list of references, indicating the full name(s) of the author(s) (first names shall be indicated by first initials), the year of publication, the exact title of the publication, name of publisher and place of publication. In case of journal articles, the title of the journal shall be added with volume number, issue number (or month of publication) and page number (from–to). The names of the authors are followed by the year of the publication, both set in normal fonts, the latter in brackets, followed by a colon. The exact title of the writings referred shall be in italics, all other text is normal. If DOI identifier is available for a reference, please include it in the Refences (DOI identifiers can be found at For online references without a DOI, date of download shall be also included. References shall be justified with no line breaks, 9pt font size with hanging indentation of 0.5 cm.



Csortos, O. – Kóczián, B. (2017): An Analysis of the Incomes and Current Personal Transfers of Hungarians Living Abroad. Financial and Economic Review, 16(2): 5–27.

Fouquau, J. – Spieser, Ph. K. (2014): Statistical evidences about LIBOR manipulation: A “Sherlock Holmes’ investigation”. Journal of Banking & Finance, 50(January): 632–643.

Philippon, T. (2009): The Macroeconomics of Debt Overhang. Study preesented at the IMF comference titled „10th Jacques Polak Annual Research Conference”, Washington, DC, 5–6 November. Downloaded: 10 December 2018.

Jakab, Z. – Kumhof, M. (2015): Banks are not intermediaries of loanable funds – and why this matters. Bank of England Working Papers, No. 529.

Dewachter, H. – Iania, L. – Lemke, W. – Lyrio, M. (2018): A macro-financial analysis of the corporate bond market. ECB Working Paper Series, no. 2214. European Central Bank, december. Downloaded: 4 February 2020.

Rekettye, G. – Liu, J. (2018): Pricing – The New Frontier. Transnational Press, London.

Kollarik, A. – Szalai, Z. (2017): A 2008–2009-es válság és az új nemzetközi gazdasági környezet. In: Lehmann, K. – Palotai, D. – Virág, B. (Eds.): A magyar út – Célzott jegybanki politika. Magyar Nemzeti Bank, Budapest, pp. 27–71.

Kaldor, N. (1961): Capital Accumulation and Economic Growth. In: Lutz, F.A. – Hague, D.C. (Eds.): The Theory of Capital. St. Martins Press, pp. 177–222.

2.10. References in the text can be limited to surname(s), years and page numbers. In case of direct quotations, the indication of page numbers is indispensable. References in the text shall be in italics; names and year of publication shall be separated by a space (no comma between name and year); page numbers shall be separated from the year of publication by a colon e.g. (Nagy 2008:34), (Fouquau – Spieser 2014). In case of more than two authors only the name of the first author plus the abbreviation “et alias” (and the others) shall be used as follows: (Szabó et al. 2012:4–6).

2.11. The References section may include only items referenced in the text (maybe in a footnote) and vice versa, all literature cited in the text shall be included in the References section.

2.12. In the References section authors shall be listed in alphabetic order.

2.13. Articles shall be edited in Calibri font, 10.5 font size. Any highlighting shall be indicated in italics. Footnotes shall be written in Calibri font, 9pt size, justified. The source of the data referred to in the text must be indicated in a footnote, except in the case of figures and tables, see 2.17.

2.14. The logical structure of the writings should be divided into relatively few units, and too short subchapters should be avoided.

2.15. Headings and sub-headings shall be numbered. The title of the article shall be 14pt, boldface, standing; followed in a new line by the name of author(s) in 12pt, italic.


The title of the article

Author1 – Author2 – Author3 – Author4

Sub-heading level 1 is 12pt, standing, boldface, Sub-heading level 2 is 10.5pt, standing, boldface, Sub-heading level 3 is 10.5pt, italic.


5. Sub-heading level 1

5.3. Sub-heading level 2

5.3.1. Sub-heading level 3

2.16. First lines following the titles shall start by the left margin.

2.17. Tables and charts shall be numbered continuously throughout the entire article (numbering shall not be re-started in new sub-sections, sub-paragraphs, annexes or appendices). In-text references for tables and figures must be used in the proper places with brackets. Each table and figure shall have a title, and the units of measurement of the values contained shall be indicated. The title shall be justified, above the table or the figure. Tables shall be in MS Word in an editable format, figures must be edited in Excel. Figures that are not possible to draw in Excel and instead are made by other programs (e.g. Matlab, Stata, R) shall be inserted as jpeg or jpg files with proper resolution and image quality. Copied or scanned figures or tables will be rejected as their quality will not be acceptable for printing. Due to space limitations, the number of figures and tables in the article shall be limited to 7 or 8. Notes for tables and figures (explanations of signs) and source of data shall be placed under the table or figure in 9pt, italic, justified.


Table1: Title
















Note: ...


2.18. Formulae must be edited in formulae editor. Formulae shall be numbered continuously in brackets on the right side (i.e. the numbering shall not be restarted in each sub-section).



2.19. The % sign shall be only used in the case of values given in figures, tables and brackets, when mentioned in the main text, it shall be written in letters (per cent).

2.20. Manuscripts shall be submitted to the editor electronically (via e-mail) in MS Word format. A separate Excel file containing all figures and tables shall be also attached. It would be appreciated if authors could also submit the Hungarian captions/subtitles of the English figures, but this is not a precondition for publication. Figures not prepared in excel shall be attached in jpg, jpeg, or pdf format with proper resolution and image quality with English (and if possible with Hungarian) subtitles. Taking printing considerations into account, 300 DPI for black and white images and 600 DPI for color images shall be sent.

3. Legal Terms and Conditions

3.1. By submitting, the authors guarantee that the manuscript sent to the editors of FER has not been or will not be submitted to another journal, and that it has not previously been published elsewhere.

3.2. In consideration of its editorial objectives, the Publisher of FER will reserves the exclusive right to determine which articles meet the selection criteria for publication and will actually be published and when. Authors are not charged for costs related to submission, translation and publication.

3.3. The publication will be made available to the public free of charge by the Financial and Economic Review and consequently, as a general rule, the Publisher of FER will not pay compensation to Authors. Authors explicitly waive their claims to compensation.

3.4. Authors grant FER an irrevocable licence to use the title of the article, and to publish the article or parts thereof in any printed form and in electronic format, including, but not limited to the use of the article on the internet. Authors grant the Publisher of FER a licence to reproduce, distribute the article and translate it into any other languages. Authors must be also indicated on their work and on the communication about their work, in the case of taking over, quoting or presenting a part of the work.

3.5. In respect of the use of the article in accordance with the above, Authors shall grant FER an exclusive, transferable right of use it without territorial or time limitation, i.e. for the entire duration of the copyright concerned.

3.6. Authors are allowed to freely use their article elsewhere (for example republishing in another journal, doctoral dissertation) with the proper citation of the FER article.

3.7. Views expressed in contributors’ articles do not necessarily reflect the views of FER or the Publisher of FER.

3.8. Authors guarantee that their contribution is their own personal and original intellectual property, and it does not constitute an infringement in any way of third parties’ intellectual property rights which would impede or restrict the use of the contribution by the Publisher of FER.

3.9. Submission of an article implies consent by the Authors to all the terms and conditions listed above.

3.10. Any issues not regulated herein shall be governed by the prevailing Hungarian legislation.

Editors of the Financial and Economic Review
Budapest, 04.04.2023

Ahogy majdnem minden honlappal rendelkező cég, az MNB is használ sütiket a weboldalain.Elfogadom

Ismerje meg a teljes GDPR-t. Elolvashatja nálunk az Adatvédelmi rendelet teljes szövegét magyarul.Elolvasom