examine the short and long-run dynamics of output, inflation, and the funds rate in three versions of the VAR models. In … but on the sample estimates of autocorrelations and power spectra of the time series of output, inflation, and the federal … the inflation rate. Another topic is the inflation/output tradeoff characteristic of each model. Both of these have …

We investigate the relationship between inflation uncertainty and monetary policy transmission in the U.S. economy … through the external finance premium and the term structure of interest rates appears strongly dependent on inflation …

effects of uncertainty shocks on inflation. We find the response of inflation to be statistically insignificant until mid …