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Dear Reader,

Welcome to our website! The Financial and Economic Review, edited and published by the Magyar Nemzeti Bank (the Central bank of Hungary), has become one of the most widely read economic and financial academic journals in Hungary, with a large readership also abroad, following a significant renewal of its content and format in recent years. Our quarterly journal is published in Hungarian and English and is rated B in the fields of economics and regional studies and C in the field of demography by the Hungarian Academy of Sciences. Our articles in English and Hungarian are included in the systems of MTMT and Matarka, in the REAL repository and in the Digital Object Identifier (DOI) system, and our English articles are also included in IDEAS/RePEc. We also publish an annual Chinese-language selection volume.

Our aim is to provide an opportunity for researchers, academics, lecturers, policy- and decision-makers who build on the foundations of both theoretical and practical economics, understanding the constantly changing economic processes, and analysing the economic and financial situation and performance of the East and Central European region. The journal is open exclusively to submissions for first publication of studies, essays, feature articles, book reviews and conference reports in the field of social sciences, including economics, finance in the broad sense (credit institutions, insurance and capital markets), management and organisation, and their boundaries of science.

Statistics for 2023 of our peer reviewed content:

  • Publication rate: 56.8%
  • Average publication time: 147 days 

We would be pleased to receive your questions and feedback concerning our journal, articles and website. We wish you a pleasant reading!



Financial and Economic Review, Vol. 22 Issue 4, December 2023


Industrial Policy and Development: Time for Disciplined Action
Olivér Kovács
Our Vision (Essay), pp. 5-30.

How Major Central Banks Reacted to the Inflationary Wave of the Early 2020s - The Case of the ECB
Ruben Durkó
Study, pp. 31-57.

Analysis of the Relationship between Money Growth and Inflation Using Wavelet Coherency
Péter Simon
Study, pp. 58-81.

Changes in the Attitudes of Hungarian Shoppers in Times of Crisis
Mária Törőcsik - László Csóka - Péter Németh - Ágnes Neulinger
Study, pp. 82-106.

Are Default Rate Time Series Stationary? A Practical Approach for Banking Experts
Gábor Szigel - Boldizsár István Gyűrűs
Study, pp. 107-135.

Trends in Income Inequality and Its Impact on Economic Growth
Réka Vitkovics
Essay, pp. 136-159.

Dualities in the Hungarian Economy - Growth and Prosperity in the 21st Century
Ágnes Nagy
Feature article - Challenges of the 21st century, pp. 160-171.

The Role of Ethical Principles in the Economy (Katalin Botos: Világvallások és a gazdaság (World Religions and the Economy))
István Kőrösi
Book review, pp. 172-178.

Report on Some of the Sessions of the Hungarian Economic Association Congress
Ferenc Tóth - Benjámin Nagy - Gábor Szarka - Lilla Bánkuty-Balogh
Conference report, pp. 179-189.

Report on the Third International Conference "Digital Transformation and Sustainability in Global Financial Economics"
Tim A. Herberger - Michael Kuttner
Conference report, pp. 190-199.

Report on the Fifth Green Finance Conference of the Magyar Nemzeti Bank
Donát Kim - Balázs Lóránt - Bálint Várgedő
Conference report, pp. 200-208.



Central Bank of Hungary 
H-1013 Budapest, Krisztina krt. 55.
Publisher in charge: Eszter Hergár 
ISSN 2415–9271 (Print)
ISSN 2415–928X (Online)
Phone: +36-1-428-2600
Fax: +36-1-429-8000


Financial and Economic Review (FER):


H-1013 Budapest, Krisztina krt. 55.

Phone: +36-1-428-2600

Fax: +36-1-429-8000

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