Leal, Teresa; Pérez, Javier J.; Tujula, Mika; Vidal, … - 2007
always received attention
from policy makers, monetary policy authorities, international economic organisations, financial … fiscal policies on economic activity and price formation, thereby
contributing to monetary policy decision making. The …., 2004, Moulin and Wierts, 2006).
Jonung and Larch (2006) claim that in some euro area countries biased forecasts (targets …