Home / Inside Access: Into The Unknown – Reflections On Risk, Uncertainty And Monetary Policy Decision-making
Members Only Call with author Paul Jenkins
Radical uncertainty about the economic outlook is posing a new challenge for the Bank of Canada and other central banks. In this paper, author Paul Jenkins assesses the need for central banks to add to their toolkit with 'bottom up' agent-based models and to re-position their communications strategy through the use of narratives - both to help address what we mean by true uncertainty.
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