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expectations in the price and wage setting process and on the credibility of monetary policy in the expectation formation process …
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expectations in the price and wage setting process and on the credibility of monetary policy in the expectation formation process …
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Modern monetary policy focuses on credibility and shaping consumers' inflation expectations. According to the concept …-making process and may be a specific intermediate target. The aim of the study is to analyse the credibility of inflation forecasts … credibility index. The inflation forecasts' credibility index may be calculated for all types of inflation forecasts made by …
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