This study investigates the asymmetric and time-varying causality between inflation and inflation uncertainty in South … features of inflation series simultaneously by measuring inflation uncertainty as the conditional variance of inflation …’s hypothesis. This implies that past information on inflation can help improve the one-step-ahead prediction of inflation …

turn, postulates an inverted u-shaped relationship between environmental pollutants and output. The empirical literature on …

The persistence property of inflation is an important issue for not only economists, but, especially for central banks …, given that the degree of inflation persistence determines the extent to which central banks can control inflation. Also, not … only is the level of inflation persistence that is important in economic analyses, but also the question of whether the …

This paper investigates the long-run impact of inflation on homeowner equity in South Africa by analysing the … expenditure. In general, we infer that house prices in South Africa provide a stable, but quantitatively minor, inflation hedge in …

. Since the corresponding one-off output cost of moving from two percent inflation to price stability is 0.034 percent of GDP …This paper evaluates the welfare gain from reducing inflation permanently from two percent to price stability and … compares it the output cost associate with this transition. The paper emphasizes the distortions caused by the interaction of …

The paper analyzes the effects of financial liberalization on steady-state inflation. We develop an overlapping … sign of the inflation-financial repression relationship depends crucially on the elasticity of substitution between the …

convertibility. The analysis shows that the effect of financial liberalization on rate of inflation and the movements of the nominal …