Kokoszczyński, Ryszard; Łyziak, Tomasz; Klos, Bohdan; … - Narodowy Bank Polski - 2005
The paper presents the procedure and two structural macroeconometric models used at the National Bank of Poland for producing regular quarterly inflation projections. One of the models is a small macroeconomic model based on the New Keynesian Phillips curve, the IS curve and the exchange rate...