National Bank of Poland paper forecasts inflation using survey data
A National Bank of Poland paper published on Friday discovers a new method to eliminate the influence of consumer sentiment in measures of inflation expectations.
Piotr Białowolski, the paper's author, used data from the State of the Households' Survey to examine the properties of survey-based households' inflation expectations and their forecasting performance. The authors examine whether it is possible to eliminate the influence of consumer sentiment on inflation expectations and at the same
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