@article{Sepsi:202875,
      recid = {202875},
      author = {Sepsi, Barbara and Fenyves, Veronika},
      title = {Some Thoughts on the Repayment Methods of Hungarian  Household Forex Loans},
      journal = {APSTRACT: Applied Studies in Agribusiness and Commerce},
      address = {2014-09},
      number = {1033-2016-84248},
      series = {8},
      pages = {6},
      year = {2014},
      abstract = {Nowadays the volatility of exchange rates and the  macroeconomic changes strongly affect the monthly  instalments of the debtors.
The growth of delayed forex  loans - mostly denominated in Swiss Franc and Euro - can  include a high risk, which as a part of a vicious  circle
can ruin Hungary’s economic situation and even the  country’s external judgement. Steps were taken to handle  the problem of the forex loans
but their result is  questionable. In this paper different repayment methods are  compared in different economic scenarios. More  precisely,
the third edition of exchange-rate barrier and  income based repayment are analysed in an optimistic  realistic and pessimistic scenario. This
article is aiming  to quantify and interpret the difference between each  repayment methods regarding different scenarios. Based on  the results
suggestions are made how to eliminate  efficiently currency exposure from the continuously  deteriorating portfolio.},
      url = {http://ageconsearch.umn.edu/record/202875},
      doi = {https://doi.org/10.22004/ag.econ.202875},
}