conditional variance and inflation in the mean and conditional variance equations respectively, and Full Information Maximum …The study investigates the relationship between inflation and inflation uncertainty for the period 1984-2011. The work … uses the monthly Consumer Price Index to proxy inflation. The General Autoregressive Heteroscedasticity (GARCH) model is …

inflation error variance by 42% by simply reporting more digits in the CPI index, resulting in a significantly more accurate … the published CPI inflation series is calculated from those rounded index values. While rounding has only a relatively … small effect on the level of the CPI series at present, it can have a significant effct on CPI inflation, the monthly …

Does the combination of inflation and high corporate taxes explain the increase in bank leverage in the 20th century …? Inflation automatically increases bank debt, while high corporate taxes hinder capital accumulation. Capital ratios therefore … Swedish bank data 1870-2001. Bank capital ratios dropped when inflation and corporate tax rates were high, during WWI and in …

assumed that all decision-makers possessed similar payoff vectors allowing for a fairly consistent and unified approach to MC … situations where the potential payoff vectors among decision-makers may be significantly different. Once a decision-maker is …

hold under mild assumptions on the data-generating distribution, are then used to establish so-called variance bounds which …