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Abstract

[fre] Cette contribution se présente comme un bilan des travaux récents consacrés à la gestion de l’incertitude par la politique monétaire et aux critères permettant d’appréhender cette question sur le plan empirique. L’accent est mis sur l’incertitude qui entoure le mécanisme de transmission de la politique monétaire dans l’Euroland. . Classification JEL : E5, E52 [eng] Monetary policy in the presence of uncertainty : a survey with special emphasis on EMU . The aim of this contribution is to provide a survey on the literature regarding the uncertainty issue for monetary policymaking in EMU. Based on a distinction on three kinds of uncertainty, it also offers a methodological viewpoint on the way this problem may be tackled at an empirical level. A strong emphasis is put on parameter uncertainty, which may surround the aggregate transmission channel of monetary policy in EMU. . JEL classifications : E5, E52

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Bibliographic Info

Article provided by Programme National Persée in its journal Revue d'économie financière.

Volume (Year): 65 (2002)
Issue (Month): 1 ()
Pages: 177-200

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Handle: RePEc:prs:recofi:ecofi_0987-3368_2002_num_65_1_3773

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Web page: http://www.persee.fr/web/revues/home/prescript/revue/ecofi

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Keywords:

Find related papers by JEL classification:

• E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
• E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
• E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
• E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

References

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