Conrad, Christian; Karanasos, Menelaos - Alfred-Weber-Institut für Sozial- und …; … - 2010
we examine the twelve potential intertemporal relationships between inflation,growth and their respective uncertainties … nominaluncertainty. Output growth boosts inflation but mainly indirectly through areduction in real uncertainty. Our findings highlight … inflation and growth works to a large extend indirectly via theuncertainty channel.[...] …