This paper analyzes the role of uncertainty on both exchange rate expectations and forecast errors of professionals for … Bayesian VAR approach, we observe that effects on forecast errors of professionals turn out to be more significant compared to …

various types of legal and shadow economic activities and their interrelations. The model is used to forecast the whole (legal … Ukrainian authorities take an active position in the implementation of the developed forecast for the economic development of …

series models and distinguishes between different forecast horizons, HICP components and inflation measures. Various … indicate that aggregating forecasts by component does not necessarily help forecast year-on-year inflation twelve months …