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Uncertainty and monetary policy

Richard Dennis

FRBSF Economic Letter, 2005, issue nov30

Abstract: Since uncertainty is such an important issue for policymakers it should come as no surprise that economists have made a study of its various guises and developed formal techniques to help understand and mitigate its effects. In this Letter I discuss, in broad-brush terms, some of these techniques and their implications for the conduct of monetary policy.

Keywords: Monetary policy; Uncertainty (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (5)

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