Information and Uncertainty in the Theory of Monetary Policy

Report, Book English OPEN
Wagner, Helmut (2007)
  • Publisher: Vienna: SUERF - The European Money and Finance Forum
  • Subject: E52 | central banks | E58 | Politische Kommunikation | uncertainty | communication policy | Risiko | Information | microfoundation | institutional design | central banks, communication policy, institutional design, uncertainty, microfoundation | Geldpolitik | Theorie
    • jel: jel:E52 | jel:E58
      ddc: ddc:330

Theory and practice of monetary policy have changed significantly over the past three decades. A very important part of today's monetary policy is management of the expectations of private market participants. Publishing and justifying the central bank's best forecast o... View more
  • References (91)
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