Less Precision, More Truth: Uncertainty in Climate Economics and Macroprudential Policy
Date: 01 August 2014This paper explores what lessons might be learned from climate system modelling for financial system modelling and macroprudential policy.
Less Precision, more truth: uncertainty in climate economics and macroprudential policy
Farmer, D. & Hepburn, C. (2014). ‘Less Precision, more truth: uncertainty in climate economics and macroprudential policy’. Bank of England interdisciplinary workshop, Revised Version August 2014.