On the Use of Market-Based Probabilities for Policy Decisions

This paper seeks to delimit conditions so that market-based probabilities provide all the information the policymaker needs to arrive at the best possible decision. Although there are practical considerations regarding how to derive market-based probabilities from financial prices, the author confines the discussion to a theoretical analysis that assumes no impediment to obtaining the market-based probabilities

MoreLess

Year of publication:	2015
Authors:	Armenter, Roc
Publisher:	[2015]: [S.l.] : SSRN

Extent:	1 Online-Ressource (11 p)
Series:	FRB of Philadelphia Working Paper ; No. 15-44
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2015-12-14 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013010184