r)u<(1+r)
ER expectations (u)
Expectations of counter-cyclical policies (a)
Lessons...going forward
i am going to focus more on the policy relevance of the...
Maroje Lang
15th Dubrovnik Economic Conference
June 2009
Outline
Motivation
Model...structure
Simulation exercise
Comparison with the actual developments
Conclusion
...
National Bank and determined as “the system” in accordance with Article 5, paragraph (1)...replaced the national component of the TARGET2-HR system which became operational...
