Skip to content
RDP 2000-10: Monetary Policy-Making in the Presence of Knightian Uncertainty
Equation
∂
L
o
s
s
∂
i
t
+
1
=
0
(
t
+
1
)
⋮
⋮
∂
L
o
s
s
∂
i
t
+
M
=
0
(
t
+
M
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabmGaaa qaamaalaaabaGaeyOaIyRaamitaiaad+gacaWGZbGaam4Caaqaaiab gkGi2kaadMgadaWgaaWcbaGaamiDaiabgUcaRiaaigdaaeqaaaaaki abg2da9iaaicdaaeaadaqadaqaaiaadshacqGHRaWkcaaIXaaacaGL OaGaayzkaaaabaGaeSO7I0eabaGaeSO7I0eabaWaaSaaaeaacqGHci ITcaWGmbGaam4BaiaadohacaWGZbaabaGaeyOaIyRaamyAamaaBaaa leaacaWG0bGaey4kaSIaamytaaqabaaaaOGaeyypa0JaaGimaaqaam aabmaabaGaamiDaiabgUcaRiaad2eaaiaawIcacaGLPaaaaaaaaa@5A67@