Monetary Policy under Uncertainty

Historical Origins, Theoretical Foundations, and Empirical Evidence

Paperback Engels 2014 2014e druk 9783658049737
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Samenvatting

Oliver Sauter analyzes three aspects of monetary policy under uncertainty. First he shows that the terms risk and uncertainty are often wrongly used as synonyms despite their different meanings. The second aspect is the proper examination and incorporation of uncertainty into a monetary policy framework. The author undertakes systematization with a closer look at each identified form of uncertainty. Thirdly, he focuses on the quantification of uncertainty from two different perspectives, either from a market perspective or from a central bank perspective.

Specificaties

ISBN13:9783658049737
Taal:Engels
Bindwijze:paperback
Aantal pagina's:221
Uitgever:Springer Fachmedien Wiesbaden
Druk:2014

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Inhoudsopgave

Historical Origins of Uncertainty in Economic Theory.- Theoretical Foundations of Monetary Policy under Uncertainty.- Empirical Investigations of Market Uncertainty.- Communicated Uncertainty of the European Central Bank.

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        Monetary Policy under Uncertainty