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The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars, giving an introduction to modern theory of monetary policy...
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DSGE-Modelle; Geldpolitik; Fiskalpolitik; Markov-Regimewechsel; Inflationssteuerung; Wechselkurspolitik; Ölpreisschock …-Regimewechsel-Modells analysiert, inwiefern sich die Geldpolitik in der Tschechischen Republik, Polen und Ungarn im Zuge des Strategiewechsels zu einer … shock; stimulus package; Great Recession …
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regimes in Poland, providing specific suggestions for enhancing transparency of monetary policy. Inflation targeting is … European EU candidates to the inflation level prevailing in the eurozone. Other benefits of inflation targeting for central …
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that a 100-basis-point increase in our new shock series leads to a 1.0 per cent decrease in real GDP and a 0.4 per cent …
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