increase after a positive shock to core inflation uncertainty in a vector autoregression. Endogenous changes in household … inflation expectations help to understand the transmission mechanism through which an inflation uncertainty shock generates …The uncertainty of U.S. core inflation, measured by the stochastic volatility of forecast errors, has soared to a level …

-bank loans to be substitutes for bank loans with negative responses to a positive loan supply shock while trade credit is a …

estimation uncertainty. As a by-product, the method delivers measures of cross-country heterogeneity. …