In the language of the ECB, basically the results of forward-looking surveys: of expectations among market participants. In contrast, hard data are the EX POST measured numbers of events that actually occurred. – See data uncertainty. – Cf. ECB Monthly Bulletin, April 2006, pp.
29.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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