Yıldız Akkaya Blake
Monetary Policy
- Division
Monetary Policy Strategy
- Current Position
-
Senior Economist
- Fields of interest
-
Macroeconomics and Monetary Economics
- Education
- 2009-2014
PhD in Economics, Bilkent University
- 2012
Visiting Scholar, Department of Economics, Boston University
- Professional experience
- 2020-2022
Senior Economist, Monetary Policy Department, Sveriges Riksbank
- 2018-2020
Economist, Macroeconomic Research Division, The National Institute of Economic Research
- 2016-2018
Economist, Modelling Division, Sveriges Riksbank
- 2014-2016
Research Associate, The University of Cambridge
- Teaching experience
- 2014-2016
Macroeconomics (Part 1 and 2A Paper 2), University of Cambridge
- 8 February 2024
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 1, 2024Details
- Abstract
- Financial markets and analysts significantly underestimated the pace and size of the recent increases in the key ECB interest rates. This box measures the size and dynamics of policy expectation errors. Based on information from the ECB’s Survey of Monetary Analysts, it suggests that these expectation errors were driven mainly by revisions to macroeconomic expectations, indicating that analysts perceived a broadly consistent policy reaction to macroeconomic developments.
- JEL Code
- E52 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→Monetary Policy
E44 : Macroeconomics and Monetary Economics→Money and Interest Rates→Financial Markets and the Macroeconomy
G12 : Financial Economics→General Financial Markets→Asset Pricing, Trading Volume, Bond Interest Rates
- 2023
- Sveriges Riksbank Staff Memo
- 2023
- Sveriges Riksbank Working Paper Series, No 421
- 2020
- Sveriges Riksbank Economic Commentaries
- 2012
- Iktisat Isletme ve Finans