Monetary Policy under Uncertainty

Historical Origins, Theoretical Foundations, and Empirical Evidence

Authors: Sauter, Oliver

  • Publication in the field of economic sciences

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eBook $59.99
price for USA (gross)
  • ISBN 978-3-658-04974-4
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  • Included format: PDF
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  • Immediate eBook download after purchase
Softcover $79.99
price for USA
  • ISBN 978-3-658-04973-7
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About this book

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.

About the authors

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.

Table of contents (5 chapters)

  • Concepts of Uncertainty in Economic Literature

    Sauter, Oliver

    Pages 9-35

  • Effects of Uncertainty on the Policy Design

    Sauter, Oliver

    Pages 39-82

  • Implementing Uncertainty into Monetary Models

    Sauter, Oliver

    Pages 83-141

  • Assessing Uncertainty in the Euro Area and the USA

    Sauter, Oliver

    Pages 145-175

  • Communicated Uncertainty of the ECB

    Sauter, Oliver

    Pages 177-197

Buy this book

eBook $59.99
price for USA (gross)
  • ISBN 978-3-658-04974-4
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $79.99
price for USA
  • ISBN 978-3-658-04973-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Monetary Policy under Uncertainty
Book Subtitle
Historical Origins, Theoretical Foundations, and Empirical Evidence
Authors
Copyright
2014
Publisher
Gabler Verlag
Copyright Holder
Springer Fachmedien Wiesbaden
eBook ISBN
978-3-658-04974-4
DOI
10.1007/978-3-658-04974-4
Softcover ISBN
978-3-658-04973-7
Edition Number
1
Number of Pages
XIII, 221
Number of Illustrations and Tables
40 b/w illustrations
Topics