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Monetary policy decision-making and communication under high uncertainty: insights from a survey of central banks in the Americas and beyond

In: Monetary policy decision-making and communication under high uncertainty

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  • Eduardo Amaral
  • Torsten Ehlers
  • Ilhyock Shim
  • Alexandre Tombini

Abstract

No abstract is available for this item.

Suggested Citation

  • Eduardo Amaral & Torsten Ehlers & Ilhyock Shim & Alexandre Tombini, 2025. "Monetary policy decision-making and communication under high uncertainty: insights from a survey of central banks in the Americas and beyond," BIS Papers chapters, in: Bank for International Settlements (ed.), Monetary policy decision-making and communication under high uncertainty, volume 127, pages 7-30, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:163-02
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    References listed on IDEAS

    as
    1. Nicholas Bloom, 2014. "Fluctuations in Uncertainty," Journal of Economic Perspectives, American Economic Association, vol. 28(2), pages 153-176, Spring.
    2. Danilo Cascaldi-Garcia & Cisil Sarisoy & Juan M. Londono & Bo Sun & Deepa D. Datta & Thiago Ferreira & Olesya Grishchenko & Mohammad R. Jahan-Parvar & Francesca Loria & Sai Ma & Marius Rodriguez & Ilk, 2023. "What Is Certain about Uncertainty?," Journal of Economic Literature, American Economic Association, vol. 61(2), pages 624-654, June.
    3. Sack, Brian & Wieland, Volker, 2000. "Interest-rate smoothing and optimal monetary policy: a review of recent empirical evidence," Journal of Economics and Business, Elsevier, vol. 52(1-2), pages 205-228.
    4. Glenn D. Rudebusch, 2006. "Monetary Policy Inertia: Fact or Fiction?," International Journal of Central Banking, International Journal of Central Banking, vol. 2(4), December.
    5. Michael Woodford, 2003. "Optimal Interest-Rate Smoothing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(4), pages 861-886.
    6. Julio Carrillo & Patrick Fève & Julien Matheron, 2007. "Monetary Policy Inertia or Persistent Shocks: A DSGE Analysis," International Journal of Central Banking, International Journal of Central Banking, vol. 3(2), pages 1-38, June.
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