Arbeitspapier
How might a central bank report uncertainty?
An important question for central banks is how they should report the uncertainty of their forecasts. This paper discusses a way in which a central bank could report the uncertainty of its forecasts in a world in which it used a single macroeconometric model to make its forecasts and guide its policies. Suggestions are then made as to what might be feasible for a central bank to report given that it is unlikely to be willing to commit to a single model. A particular model is used as an illustration.
- Sprache
-
Englisch
- Erschienen in
-
Series: Economics Discussion Papers ; No. 2014-25
- Klassifikation
-
Wirtschaft
Monetary Policy, Central Banking, and the Supply of Money and Credit: General
- Thema
-
central bank
uncertainty
stochastic simulation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fair, Ray C.
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fair, Ray C.
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2014
Ähnliche Objekte (12)
How might a central bank report uncertainty?
How might a central bank report uncertainty?
How Might a Central Bank Report Uncertainty?
How might a central bank report uncertainty?
How Stale Central Bank Interest Rate Projections Affect Interest Rate Uncertainty
Central bank transparency under model uncertainty
How Black children might survive education
Rating "Agencies": How Regulation Might Help
How war might spread to Europe
Knowing how things might have been
How should central banks communicate?
Assessing the uncertainty in central banks' inflation outlooks
How might a central bank report uncertainty?
How might a central bank report uncertainty?
How Might a Central Bank Report Uncertainty?
How might a central bank report uncertainty?
How Stale Central Bank Interest Rate Projections Affect Interest Rate Uncertainty
Central bank transparency under model uncertainty
How Black children might survive education
Rating "Agencies": How Regulation Might Help
How war might spread to Europe
Knowing how things might have been
How should central banks communicate?
Assessing the uncertainty in central banks' inflation outlooks
How might a central bank report uncertainty?
How might a central bank report uncertainty?
How Might a Central Bank Report Uncertainty?
How might a central bank report uncertainty?
How Stale Central Bank Interest Rate Projections Affect Interest Rate Uncertainty
Central bank transparency under model uncertainty
How Black children might survive education
Rating "Agencies": How Regulation Might Help
How war might spread to Europe
Knowing how things might have been
How should central banks communicate?