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Falling oil prices translate into an income transfer from producers to consumers
(18.05.2015)
Bank of Finland. Bulletin 1/2015
Bank of Finland. Bulletin 1/2015
The fall in the oil price is broadly reflected across the current situation in the global economy and the outlook for the future. According to most assessments, the oil price drop is for the most part a positive supply ...
Bank of Finland staff forecasts: an evaluation
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
Monetary policy decisions are based on assessment of the current and future state of the economy. In order to obtain forecasts, central banks build models, which are simplified representations of the complex interactions ...