Add to ORKGAn 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
The experience of monetary policy making in an uncertain environment has encouraged increased attent...
This paper presents preliminary findings and is being distributed to economists and other interested...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...
An important question for central banks is how they should report the uncertainty of their forecasts...
In January 2012 the Fed began reporting ranges of its economic forecasts. The ranges, however, measu...
This paper focuses on the forecasting process at the Czech National Bank with an empha- sis on incor...
in the Monetary Policy Process This is a paper on the way data relate to decisionmaking in central b...
Uncertainty in applied macroeconomic policy analysis arises from three distinct sources. The first, ...
For some time now, structural macroeconomic models used at central banks have been predominantly New...
Forecast Uncertainties in Macroeconometric Modelling: An Application to the UK Econom
This thesis examines two closely related issues: (1) the ability of imperfect information models to ...
This paper considers the signalling aspect of monetary policy. We introduce a heuristic framework fo...
The openness of central bank decision making has recently received new attention in the literature. ...
This paper considers the signalling aspect of monetary policy. We introduce a heuristic framework fo...
This paper proposes an approach for estimating the uncertainty associated with model-based macroecon...
The experience of monetary policy making in an uncertain environment has encouraged increased attent...
This paper presents preliminary findings and is being distributed to economists and other interested...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...
An important question for central banks is how they should report the uncertainty of their forecasts...
In January 2012 the Fed began reporting ranges of its economic forecasts. The ranges, however, measu...
This paper focuses on the forecasting process at the Czech National Bank with an empha- sis on incor...
in the Monetary Policy Process This is a paper on the way data relate to decisionmaking in central b...
Uncertainty in applied macroeconomic policy analysis arises from three distinct sources. The first, ...
For some time now, structural macroeconomic models used at central banks have been predominantly New...
Forecast Uncertainties in Macroeconometric Modelling: An Application to the UK Econom
This thesis examines two closely related issues: (1) the ability of imperfect information models to ...
This paper considers the signalling aspect of monetary policy. We introduce a heuristic framework fo...
The openness of central bank decision making has recently received new attention in the literature. ...
This paper considers the signalling aspect of monetary policy. We introduce a heuristic framework fo...
This paper proposes an approach for estimating the uncertainty associated with model-based macroecon...
The experience of monetary policy making in an uncertain environment has encouraged increased attent...
This paper presents preliminary findings and is being distributed to economists and other interested...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...