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Monetary Policy under Uncertainty

Historical Origins, Theoretical Foundations, and Empirical Evidence
ISBN:
978-3-658-04973-7
Auflage:
2014
Verlag:
Springer Fachmedien Wiesbaden GmbH
Land des Verlags:
Deutschland
Erscheinungsdatum:
06.02.2014
Autoren:
Format:
Softcover
Seitenanzahl:
221
Ladenpreis
54,99 EUR (inkl. MwSt. zzgl. Versand)
Lieferung in 5-10 Werktagen Versandkostenfrei ab 40 Euro in Österreich
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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.
Biografische Anmerkung
Oliver Sauter completed his doctoral thesis under the supervision of Prof. Dr. Peter Spahn at the Chair of Economics, esp. Economic Policy, at the University of Hohenheim, Stuttgart, Germany.