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Context: In Finland, vocational education has been competence-based and learner-orientated since the beginning of 2018 … we ask the following: What kind of teachers’ competencies can be identified in Finland? The metadata comprises twelve … recent pieces of research on teachers’ competencies in the field of Vocational Education and Training (VET) in Finland. We …
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Survey data on inflation expectations show that: (i) private sector forecasts and central bank forecasts are not fully aligned and (ii) private sector forecasters disagree about inflation expectations. To reconcile these two facts we introduce dispersed information in a New Keynesian model,...
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New Keynesian theory identifies a set of principles central to the design and implementation of monetary policy. These principles rely on the ability of a central bank to manage expectations precisely, with policy prescriptions typically derived under the assumption of perfect information and...
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The development of tractable forward looking models of monetary policy has lead to an explosion of research on the implications of adopting Taylor-type interest rate rules. Indeterminacies have been found to arise for some specifications of the interest rate rule, raising the possibility of...
Persistent link: https://www.econbiz.de/10010298274