dr Karolina Tura-Gawron
- Adiunkt at Department of Economic Sciences
- projekcja inflacji
- adam smith
- aproksymacja de vyldera
- bogactwo narodow
- decision making
- inflat ion forecasts
- inflation expectations
- inflation expectations, expectations heterogeneity, euro area, spatial analysis
- inflation expectations, inflation projections, expectation surveys
- inflation forecast targeting
The forecasts-based instrument rule and decision making. How closely interlinked? The case of Sweden
Research background: The Central Bank of Sweden declared in years 1999–2006 the implementation of the Svensson’s concept of inflation forecast targeting (IFT). It means that the repo rate decision-making process depends on the inflation forecasts. The concept evolved from the strict IFT with the decision-making algorithm called ‘the rule of thumb’ to the flexible IFT. Purpose of the article: The aim of...
Producing and revealing inflation forecast is belie ved to be the best way of implementing a forward-looking monetary policy. The article focuses on inflation forecast targeting (IFT) at the Czech National Bank (CNB) in terms of its efficiency in shaping consumers’ inflation expectations. The goal of the study is to verify the accuracy of the inflation forecasts, and their influence on inflation...
CONSUMERS’ APPROACH TO THE CREDIBILITY OF THE INFLATION FORECASTS PUBLISHED BY CENTRAL BANKS: A NEW METHODOLOGICAL SOLUTION
Modern monetary policy focuses on credibility and shaping inflation expectations. In keeping with the concept of inflation forecast targeting, the inflation forecasts published by central banks play a crucial role in the instrument rate decision-making process and may be treated as a specific intermediate target. This study proposes an inflation forecast credibility index, the scope of which is narrowed to non-specialists’ approach...
Obtained scientific degrees/titles
Obtained science degreedr Finance (Economics)Uniwersytet Ekonomiczny w Poznaniu
seen 331 times