Examples of economic analysis - the Generation ?uro Students' Award

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The importance of expectations … • Of course, we cannot be certain about the future • “The risks to this economic outlook are slightly tilted to the downside…” • “… with uncertainty still prevailing” • “Risks to the outlook for price developments are slightly tilted to the upside” probability / likelihood less uncertainty probability / likelihood more uncertainty downside risks Modal view inflation Modal view inflation
Example: Distribution of Euro Area Barometer 2010 HICP Forecasts 2.5 Value of density function 2 1.5 1 Jun09, Mar10 1.1 Sep09, Dec09 1.2 Apr10 1.2 Averages Forecast from Jun 09 Forecast from Sep 09 Forecast from Dec 09 Forecast from Mar 10 Forecast from Apr 10 0.5 0.0 0 0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 1.8 2 2.2 2.4 2.6 2.8 3 3.2 3.4 HICP annual growth rate Source: EZB. Latest observation: April 2010
Page 1 and 2: Explaining Your Monetary Policy Dec
Page 3 and 4: What you have to do… - These are
Page 6 and 7: What you have to do… 7 th , now y
Page 8 and 9: …and why is it difficult? 3 rd ,
Page 10 and 11: … but the IS is also a highly pol
Page 13 and 14: 3.0 2.8 2.6 2.4 2.2 2.0 1.8 Example
Page 15: ECONOMIC ANALYSIS (I) • The Econo
Page 18 and 19: Examples of economic analysis • C
Page 20 and 21: Examples of economic analysis • C
Page 22 and 23: A remark: what type of data should
Page 24 and 25: Monetary Analysis • Beyond assess
Page 26 and 27: MONEY GROWTH AND INFLATION IN THE E
Page 28 and 29: Example of monetary analysis • Lo
Page 30: The importance of expectations for
Page 35 and 36: The latest data releases • Eurost

Examples of economic analysis - the Generation ?uro Students' Award

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