reaction to policy decisions. It is generally acknowledged that uncertainty poses a challenge to monetary policy making. 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 mainly focused in developed economies albeit that the uncertainty phenomena is …

reaction to policy decisions. It is generally acknowledged that uncertainty poses a challenge to monetary policy making. 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 mainly focused in developed economies albeit that the uncertainty phenomena is …

their bond holdings to compensate for the default risk in the context of uncertainty. In contrast with the existing … ; model uncertainty ; robust control …

The uncertainty around monetary policy decision-making requires central banks to make extensive use of macroeconomic …