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Finland is making a slow recovery from recession. The economy will show a contraction of 0.5% for 2024. Uncertainty in the global economic outlook is dampening export growth. The improvement in private consumption is slow, ...

Talouden taantuma on jäämässä taakse. Talouskasvu on alkuun hidasta, mutta kiihtyy vähitellen. Inflaatio ei enää syö ansioiden kasvua, ja korkojen lasku ruokkii sekä investointeja että kulutusta. Myös Suomen vienti vauhdittuu. ...

We show that sacrifice ratios associated with announcements of the most likely course of monetary policy are lower when the implementation date is further out into the future in the basic New Keynesian framework. This ...

Properties of average inflation targeting under imperfect knowledge and learning have been studied only for the Rotemberg NK model, where price stickiness arises from adjustment costs in price setting. This note fills the ...