000
| 01930cam 2200313za 4500 |
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001 | 9.847706 |
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003 | CaOODSP |
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005 | 20221107153511 |
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007 | cr ||||||||||| |
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008 | 171124s2017 oncd ob f000 0 eng d |
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040 | |aCaOODSP|beng |
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041 | |aeng|bfre |
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043 | |an-cn--- |
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086 | 1 |aFB3-6/2017-13E-PDF |
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100 | 1 |aMendes, Rhys R., |eauthor. |
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245 | 10|aMonetary policy under uncertainty |h[electronic resource] : |bpractice versus theory / |cby Rhys Mendes, Stephen Murchison and Carolyn A. Wilkins. |
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260 | |a[Ottawa] : |bBank of Canada, |c2017. |
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300 | |aiii, 44 p. : |bcol. charts |
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490 | 1 |aBank of Canada staff discussion paper, |x1914-0568 ; |v2017-13 |
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500 | |a"November 2017." |
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504 | |aIncludes bibliographical references. |
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520 | 3 |a"For central banks, conducting policy in an environment of uncertainty is a daily fact of life. This uncertainty can take many forms, ranging from incomplete knowledge of the correct economic model and data to future economic and geopolitical events whose precise magnitudes and effects cannot be known with certainty. The objective of this paper is to summarize and compare the main results that have emerged in the literature on optimal monetary policy under uncertainty with actual central bank behaviour. To this end, three examples are studied in which uncertainty played a significant role in the Bank of Canada’s policy decision, to see how closely they align with the predictions from the literature"--Abstract, p. ii. |
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546 | |aIncludes abstract in French. |
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692 | 07|2gccst|aMonetary policy |
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700 | 1 |aWilkins, Carolyn, |eauthor. |
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700 | 1 |aMurchison, Stephen, |eauthor. |
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710 | 2 |aBank of Canada, |eissuing body. |
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830 | #0|aStaff discussion paper (Bank of Canada)|v2017-13|w(CaOODSP)9.806273 |
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856 | 40|qPDF|s690 KB|uhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-6-2017-13-eng.pdf |
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