Based on a country study related to money laundering and terrorist financing, the Financial Action Group downgraded Hungary’s compliance with Recommendation R15 (use of new technologies). At same time, between 2020 2021, Magyar Nemzeti Bank imposed fines several commercial banks operating in Hungary for shortcomings complying financing regulations. As gap-filling analysis, examines supervised (...

When making decisions, agents tend to make use of decisions others have made in similar situations. Ignoring this behavior in empirical models can be interpreted as a problem of omitted variables and may seriously bias parameter estimates and harm inference. We suggest a possibility of integrating such outside in uences into models of discrete choice decisions by de ning an abstract space in wh...

This research makes use of a large sample of individual telephone calls between local exchanges (cities, towns, villages) within a U.S. region. The interlocational flows, measured in conversation seconds, are analyzed by estimating, in a simultaneous equation framework, spatial interaction models that account for (1) the role of the spatial structure, which reflects the competition and agglomer...