How does inflation uncertainty interact with inflation rate? The purpose of this article is to assess this question in … to resolve the inconsistencies and to point a robust nonlinear effect of inflation on inflation uncertainty, which is … Egypt in a wavelets transform framework. We investigate the direction of causality in the relationship inflation-inflation …

nonlinearity. This paper estimates the money demand function by including the inflation uncertainty, that is assumed to be a … are gold, interest rate, inflation uncertainty, share prices, exchange rate and income. The inflation uncertainty data is …

In this study, relationship between inflation and inflation uncertainty is analyzed using Granger causality tests with … annual inflation series covering the time period 1923 to 2012 for Turkish Economy. Inflation uncertainty is measured by … the Friedman's hypothesis that high inflation increases inflation uncertainty is strongly supported, in short run the …

This study examines relationship between Inflation and Inflation uncertainty for Pakistan using monthly data over 1957 …-Ball hypothesis for Pakistan as Granger-causality test reveals that inflation affects inflation uncertainty positively. We find no … evidence for inflation uncertainty affecting inflation rates as suggested by Cukierman & Meltzer (1986) and only unidirectional …

three variables. The major findings are: (i) inflation uncertainty increases more in response to positive inflation … surprises than to negative surprises in all countries; (ii) inflationary shocks affect positively inflation uncertainty as … predicted by the Friedman-Ball hypothesis; (iii) there is no evidence to suggest that inflation uncertainty causes inflation …

implementing an instrumental variables Markov regime switching approach. We show that inflation uncertainty has a negative and … imminent. The results are robust to the use of alternative measures of inflation uncertainty. …