The Croatian dinar was a temporary and interim
solution to create a solid foundation...Stabilisation programme and
attaining price stability
High inflation was...
requires a correlation between real and nominal rates
• Baseline assumption: rolling...policy error, (ϵ)
Strategy: compute counterfactual uncertainty changing parameters...
Nevertheless, one should bear in mind that the effect of an interest rate
increase...hike in interest rate level in the transition
from the fixed level to the new...
The fiscal position increased in the current year as a result
of solid economic...non-financial
corporations increased substantially last year (by 19.0%), with...
