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La politique monétaire face à l'incertitude : un survol méthodologique des contributions relatives à la zone euro

  • Marc-Alexandre Sénégas

[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 [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

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File URL: http://dx.doi.org/doi:10.3406/ecofi.2002.3773
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File URL: http://www.persee.fr/doc/ecofi_0987-3368_2002_num_65_1_3773
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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
Note: DOI:10.3406/ecofi.2002.3773
Contact details of provider: Web page: http://www.persee.fr/collection/ecofi

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  9. Bennett T. McCallum, 2002. "Recent developments in monetary policy analysis: the roles of theory and evidence," Economic Quarterly, Federal Reserve Bank of Richmond, issue Win, pages 67-96.
  10. McCallum, Bennett T, 2000. "The Present and Future of Monetary Policy Rules," International Finance, Wiley Blackwell, vol. 3(2), pages 273-86, July.
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  25. Frank Smets, 2002. "Output gap uncertainty: Does it matter for the Taylor rule?," Empirical Economics, Springer, vol. 27(1), pages 113-129.
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