Monetary policy under uncertainty : historical origins, theoretical foundations, and empirical evidence
Author(s)
Bibliographic Information
Monetary policy under uncertainty : historical origins, theoretical foundations, and empirical evidence
（Research）
Springer Gabler, c2014
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Note
"Dissertation University of Hohenheim, 2013"--T.p. verso
Bibliography: p. [205]-220
Description and Table of Contents
Description
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.
Table of Contents
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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