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Activity Number:
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244
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Type:
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Invited
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Date/Time:
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Tuesday, August 4, 2009 : 8:30 AM to 10:20 AM
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Sponsor:
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JBES-Journal of Business & Economic Statistics
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| Abstract - #303218 |
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Title:
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The Production of ECB Staff Macroeconomic Projections
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Author(s):
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Demosthenes Ioannou*+
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Companies:
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European Central Bank
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Address:
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Kaiserstrasse 29 - D-60311 Frankfurt am Main, , , Germany
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Keywords:
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Abstract:
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The contribution will describe the way in which the ECB staff projections are produced. The projections are a convenient analytical tool for helping bring together in a systematic manner a range of information on current and future economic developments. The outcomes of the ECB staff are presented to the Governing Council, to be used as input into its monetary policy deliberations. A unique element of the ECB staff macroeconomic projection exercises is their combination of both national and Euro area-wide perspectives. The Euro area consists of a set of interacting and integrating economies. However, monetary policy decisions are based upon an assessment of Euro area-wide conditions. The projection procedures therefore need to take account of both national and area-wide perspectives.
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- The address information is for the authors that have a + after their name.
- Authors who are presenting talks have a * after their name.
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