Qualitative data on inflation perceptions and expectations, as obtained from surveys, can be quantified into numerical indicators of the perceived and expected rates of price change. This paper presents the results of different versions of probability and regression methods, implemented in order...

In this paper we present the NBP Survey of Professional Forecasters introduced in 2011 by the National Bank of Poland. It is a new survey that allows analysis of macroeconomic forecasts of professional economists, including their probabilistic forecasts of CPI inflation, GDP growth and the NBP...

We assess similiarity of the Polish central bank's forecasts published in Inflation Reports and economic experts' forecasts (from NBP Survey of Professional Forecasts), an important issue in monetary policy. Contrary to other studies which use point forecast, we are interested in comparing whole...

Qualitative data on inflation perceptions and expectations, as obtained from surveys, can be quantified into numerical indicators of the perceived and expected rates of price change. This paper presents the results of different versions of probability and regression methods, implemented in order...

The paper employs on individual bank data with aim to analyse interest rate pass-through from money market rates to banks' deposits and lending rates. In the first step, the speed and completeness of interest rate adjustment is assessed. As the sample covers period prior to and after the...