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Published: 2019-12-30

EKF macroeconomic consensus: forecasts, threats, opportunities and recommendations

Leszek Pawłowicz Logo ORCID , Marta Penczar Logo ORCID , Teresa Bednarczyk Logo ORCID
Section: Problems and Opinions
https://doi.org/10.26354/bb.6.4.77.2019

Abstract

The rapid pace of change in economic phenomena combined with the high volatility of financial markets and the growing importance of irrational behavioral factors, encourages a wider use of expert knowledge in macroeconomic forecasting. The aim of the article is to present the results of the fourth edition of the project Macroeconomic challenges and forecasts for Poland. The survey was conducted in the period November 8, 2019 – December 6, 2019. The article presents the prognostic consensus of experts cooperating with the European Financial Congress. In addition to classic macroeconomic forecasts for Poland, it contains threats to sustainable economic development and financial system stability, together with estimates of the subjective probability of implementation. Using the knowledge and competences of experts cooperating with EKF, recommended actions for economic policy were formulated, aimed at weakening the impact of identified threats in the future.

JEL Codes

G17, G18, E20, E17

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Citation rules

Pawłowicz, L., Penczar, M., & Bednarczyk, T. (2019). EKF macroeconomic consensus: forecasts, threats, opportunities and recommendations . Safe Bank, 77(4), 110–126. https://doi.org/10.26354/bb.6.4.77.2019

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Vol. 77 No. 4 (2019)
Published: 2019-12-30


ISSN: 1429-2939
eISSN: 2544-7068
Ikona DOI 10.26354

Publisher
Bankowy Fundusz Gwarancyjny

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