Publications and Research
Periodicals
Bank of Canada Review
Summer 2002
Index of Working Papers | Index of Technical Reports| Title | Monetary Policy and Uncertainty |
| Author(s) | Paul Jenkins and David Longworth |
| Type | Bank of Canada Review article |
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Date of publication |
Summer 2002 |
| Language | English |
| Abstract |
Central banks must cope with considerable uncertainty about what will happen in the economy when formulating monetary policy. This article describes the different types of uncertainty that arise and looks at examples of uncertainty that the Bank has recently encountered. It then reviews the strategies employed by the Bank to deal with this problem.
The other articles in this special issue focus on three of these major strategies. |
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Bank topic index |
Uncertainty and Monetary Policy, Monetary Policy Framework |
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JEL classification |
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