Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  INFLATION EXPECTATIONS
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1

FORMOVANIE NÁZOROV NA POCIŤOVANÚ A OČAKÁVANÚ INFLÁCIU. POHĽAD BEHAVIORÁLNEJ EKONÓMIE

100%
Baláž V.
Ekonomický časopis (Journal of Economics)
|
2009
|
vol. 57
|
issue 6
568-586
EN
This paper analyses formation of consumer opinions on perceived and expected inflation in the Euro area and selected transition economies in 1985 - 2008. Selected social and demographic groups accounted for their own patterns of price perception and forecasting. These patterns repeated in all observed countries. Consumer's sense of his/her familiarity and competence regarding the price development were main factors in evaluation of inflation rates by knowledgeable individuals and proved useful, when estimating actual price growth. Familiarity and competence, however, misled when estimating future price growth.
2

Oddziaływanie polityki monetarnej na stopy procentowe i inflacje

75%
Kawa P.
Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
|
2012
|
issue 877
25-35
EN
The aim of the article is to present the impact of monetary policy on chosen variables characterising the real and nominal side of the economy. The author first describes the idea of the natural rate of interest, which can be defined as the rate of real interest that stabilises inflation. This approach is extremely important for central banks seeking to implement a direct inflation targeting strategy. Using a money market equilibrium model and term structure of interest rates, the author establishes that if the real interest rate effect occurring in the short term is stronger than the effect of increased inflation expectations then the increase in money supply will reduce the level of the short-term nominal interest rate. However, in the long term the nominal interest rate will increase due to inflation expectations.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.