This paper estimates a time-varying AR-GARCH model of inflation producing measures of inflation uncertainty for the … inflation uncertainty have declined steadily since the inception of EMU, whilst short-run uncertainty has increased, mainly … inflation uncertainty by lowering the inflation rate …

whether inflation uncertainty has diminished following the introduction of the Euro in Europe. Consumers' responses to the …. Regarding inflation uncertainty, the data indicate a relationship with country size, suggesting that within EMU, inflation …This paper uses the European Commission's Consumer Survey to assess whether inflation expectations have converged and …

and inflation in the member countries. Stress in a country is defined as the difference between the country's actual short …

trade decline, uncertainty for international capital flows is less and macroeconomic stability is enhanced. Cross country …

estimation methods are discussed and critically evaluated …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the … of the government's budget constraint, we find strong evidence to support these predictions under different estimation …

The paper analyzes the relation between monetary uncertainty and government incentives to implement economic reforms … that reduce structural distortions and make economies more flexible. It is shown that uncertainty about the central bank …

We investigate the international linkages of inflation uncertainty in the G7. In a first step, we document that … inflation uncertainty in the G7 is intertwined. Moreover, the degree of synchronization has increased during the recent two … international shock that drives national inflation uncertainty and which is closely related to oil and commodity price uncertainty …