PPT-Macroprudential Policy Under Uncertainty

Saleem Bahaj amp Angus Foulis 21st November 2016 The views expressed in this presentation are those of the presenter and not necessarily those of the Bank of England or members of the MPC FPC or PRA Board. Nick Bloom (Stanford & NBER). Harvard, April 23. rd. and 30. th. Talk summarizes . a forthcoming JEP article (& a work-in-progress longer JEL). Talk summarizes . a forthcoming JEP article (& a work-in-progress longer JEL). Lecture One. Paul . Constantine. March 29, 2011. What is UQ???. Uncertainty Quantification – ME470. Paul Constantine. Combining computational models, physical observations, and possibly expert . judgment . Surveillance and Insurance Supervision. Commissioner Susan Donegan. November 19, 2014. Regional Training Seminar for Insurance Supervisors of Latin America. Insurance Core Principle 24. The supervisor identifies, monitors and analyzes market and financial developments and other environmental factors that may impact insurers and insurance markets and uses this information in the supervision of individual insurers. Such tasks should, where appropriate, . Panel Discussion. Lynn H. Pottenger, PhD, DABT. The Dow Chemical Company. Uncertainty Workshop Focus:. Focus on identification of sources & communication of uncertainty in a risk assessment. Not how to measure. by David Longworth. John Weatherall Distinguished Fellow, Queen’s . Adjunct Professor, Carleton University. Former Deputy Governor, Bank of Canada. 1. Introduction: The Crisis. Similar to many earlier crises, preceded by:. John L. Campbell. 1. , Ruth D. Yanai. 2. , Mark B. . Green. 1,3. , Carrie . Rose . Levine. 2. , Mary Beth Adams. 1. , Douglas A. Burns. 4. ,. . Donald C. Buso. 5. , . Mark E. Harmon. 6. , Trevor Keenan. Inclined Manometer. http://. www.dwyer-inst.com. U-tube Manometer. Sensitivity. Inclined Manometer. http://. www.dwyer-inst.com. U-tube Manometer. Pitot. Static Probe. Measures fluid velocity . v. Based on Bernoulli’s law. : Institutional Arrangements. Prepared for COMESA . Monetary . Institute. 2. nd. September 2015. Background. A wide range of official, academic, and private sector financial reform initiatives have surfaced in response to the recent global financial crisis.. Manipulating symbols. Last class. Typology of signs. Sign systems. Symbols. Tremendously important distinctions for informatics and computational sciences. Computation = symbol manipulation. Symbols can be manipulated without reference to content (syntactically. Accuracy vs. Precision. What is the difference?. Accuracy vs. Precision. Precision . accuracy. Exactness. Divisions on scale. Reproducibility. Uncertainty. Significant digits. Correctness. Calibration. and . Vuletin. : ”. Effects. and . role. . of. . macroprudential. policy: . Evidence. from reserve . requirements. . based. . on. a narrative . approach. ”. Bent . Vale. , Norges Bank. 30 November 2012. Uncertainty. Irreducible uncertainty . is inherent to a system. Epistemic uncertainty . is caused by the subjective lack of knowledge by the algorithm designer. In optimization problems, uncertainty can be represented by a vector of random variables . 1Overviewe the operationalrisksand deter the investment and the hiring ofnew employees These will give the pressure on the macroeconomy like GDP growth unemployment rateetcRecentlyconsiderable uncerta Firm-Level Financial AssetsHuihua Nie1Rui Ruan2Ji Shen3Very PreliminaryAbstractWe use text mining tools to constructa measure of economic policy uncertainty perceived by individual Chinese listed firm