Przeglądaj Lodz Economics Working Papers według autora "Gajewski, Paweł"
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Credible enough? Forward guidance and perceived National Bank of Poland’s policy rule
Baranowski, Paweł; Gajewski, Paweł (Faculty of Economics and Sociology of the University of Lodz, 2015-02)Credible forward guidance should bring down the perceived impact of macroeconomic variables on the interest rate. Using a micro-level dataset we test the perception of monetary policy in Poland among professional forecasters ...