Abstract:
External shocks, Poland, Business cycles, Inflation, Interest rates, Exchange rates, Economic models, euro zone, trend-cycle VAR, monetary policy, inflation target, price level, inflation targeting regime, monetary policy transmission mechanism, monetary economics, price inflation, monetary authority, nominal interest rate, monetary fund, national bank, monetary policy regime, inflation rate, price stability, nominal variables, monetary transmission, effects of inflation, real interest rate, monetary transmission mechanism, central bank, measure of inflation, real variables, monetary policy decisions, inflation deviation