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 …

to their increase, an unanticipated hike in policy rate has no impact on them. The impact on inflation is also symmetric … neutral to components of aggregate demand and, thus, on inflation, ranging from 6.25 per cent to 7.0 per cent. …

to raise them, it is necessary to study how these price levels affect to inflation rate and output growth. Oil prices …, inflation and interest rates and Gross Domestic Product historical data are collected for contegration analysis. Forward …

inflation targeting as a monetary policy strategy, in light of the recommendation of the Urjit Patel Committee Report. Our … results indicate that historically the Reserve Bank of India has given more importance to inflation compared to output growth … monetary independence thereby comfortably placing the RBI on a path to move towards flexible inflation targeting. However we …

The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …

data from 1996-97Q1 to 2011-12Q4. It finds that both the shocks impact real output growth and inflation in the short …. An unanticipated hike/reduction in policy rate leads to a symmetric decline/rise in inflation. An unanticipated change in … money supply leads to higher inflation, but a similar decrease in it has no significant impact on inflation. …

In this paper, the preceding / causal relationships between inflation and inflation uncertainty have been tried to be … inflationary shocks are associated with statistically significant and quantitatively larger levels of inflation uncertainty than … are negative shocks. Our estimation results indicate that inflation in fact leads to inflation uncertainty in line with …

In this paper, we examine causal relationships among inflation rate, output growth rate, inflation uncertainty and … model that includes output growth and inflation rates for each country. Then we use conditional standard deviations of … inflation and output to proxy nominal and real uncertainty, respectively, and perform Granger-causality tests. Our results …

asymmetric effects on inflation in Costa Rica during the period 1991-2009. Three basic questions are tried to be answered: Is … the relative size of the impact on inflation of a given shock on the exchange rate? Among many variables, it is found that …

This paper aims to investigate the relationship between inflation and inflation uncertainty in the Turkish economy by … using contemporaneous Exponential GARCH (EGARCH) estimation methodology. Our findings indicate that inflation leads to … inflation uncertainty, and dealing with the information content of this relationship, the conditional variance of inflation …