Some Implications of Knightian Uncertainty for Finance and Regulation

Doriana Ruffino

No 2014-04-10, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: With the recession of 2008, "uncertainty" became a buzzword. Since then, economists have largely shaped how policymakers, politicians, and the general public think about uncertainty, through, among other means, models that explicitly account for uncertainty.

Date: 2014-04-10
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2014-04-10

DOI: 10.17016/2380-7172.0013

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