Basco, Emiliano; Castagnino, Tomás; Katz, Sebastián; … - 2007
shocks. Thus, it appears to be a reasonable strategy for monetary policy in
emerging economies to preserve flexibility … acknowledged that uncertainty poses a challenge to monetary policy ma-
king. In the recent years, a growing body of literature … addresses the effect of a variety
of sources of uncertainty in the design of monetary policy. However, this literature has …