This paper criticises the econometric inflation uncertainty proxies found in the literature, which show an overly … literature and the evidence conveyed by the literature on surveys of inflation expectations. While the latter shows that actual … inflation level – inflation uncertainty link. Next, the performance of inflation forecasts from both the Central Bank of Brazil …

root test and the result reveals that inflation rate, growth rate of real output and money supply, and real share of Fiscal …The study critically analyzed the dynamic and simultaneous inter-relationship between inflation and its determinants in … inflation and its determinants were examined usig the Augmented Engle-Granger (AEG) cointegration test and Error Correction …

This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …

I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of … inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused … on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the …

This paper considers the application of long memory processes to describe inflation with seasonal behaviour. We use … inflation rates of four different countries, USA, Canada, Tunisia, and South Africa. The analysis is carried out using the … persistence is a common feature for inflation series. Note that neglecting the existence of additive outliers may possibly biased …

This study investigates the relationship between relative price variability and inflation in three regions in Malaysia … that the relative price variability has non-linear characteristic. In addition, inflation is also significant and … the relationship between the relative price variability and inflation is in the form of non-linear. The findings support …

Much of the US inflation forecasting literature deals with examining the ability of macroeconomic indicators to predict … the mean of future inflation, and the overwhelming evidence suggests that the macroeconomic indicators provide little or … no predictability. In this paper, we expand the scope of inflation predictability and explore whether macroeconomic …

This paper is first attempt to measure and analyze inflation uncertainty in Pakistan and it provides several … contributions. Using quarterly data from 1976:01 to 2008:02, at first stage we model inflation uncertainty as time varying process … through GARCH framework. At second stage asymmetric behavior of inflation uncertainty is analyzed by using GJR-GARCH and …

This paper specifies, estimates, and evaluates the relation between inflation rate and excess money growth, defined as … on the long-run inflation rate but the effect is not one-to-one even in high-inflation regime. …

autoregressive model for the inflation rate. By construction, our approach avoids a number of problems related to the GMM estimation … of the NKPC. We estimate the hybrid NKPC with quarterly U.S. data (1955:1-2010:3), and both expected future inflation and … lagged inflation are found important in determining the inflation rate, with the former clearly dominating. Moreover …