Fundamental uncertainty and unconventional monetary policy: an info-gap approach
"This paper applies the info-gap approach to the unconventional monetary policy of the Eurosystem and so takes into account the fundamental uncertainty on inflation shocks and the transmission mechanism. The outcomes show that a more demanding monetary strategy, in terms of lower tolerance for...
Main Authors: | Ben-haim, Yakov, Demertzis, Maria, Van den End, Jan Willem |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Brussels
2017
Bruegel |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-699812441709-Fundamental-uncertainty-and-un.htm |
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