on accountability, inflation average, output gap, interest and central bank credibility. Findings – The results … highlighted that central banks with greater transparency contribute to decrease inflation rate and interest rate. The findings …

school should be followed in these three Middle Eastern countries, in order to curb inflation. Originality/value – The paper …

Purpose – The purpose of this paper is to extend the literature on the relationship between inflation and inflation …-GARCH models are used to estimate inflation uncertainty along with Granger-causality tests to infer the relationship between … inflation and inflation uncertainty. Findings – The results reveal that both the Bahamas and Jamaica exhibit a high degree of …

Purpose – The purpose of this paper is to analyze the time-inconsistency problem between inflation and unemployment …. Then the modified Barro-Gordon model's constraint is applied to the detrended inflation and unemployment rate. Findings … – The results of this study suggest that both inflation and unemployment series are not stationary and they include the unit …

Purpose – The purpose of this paper is to determine the relationship between inflation, inflation uncertainty, growth … the relationship between inflation, inflation uncertainty, growth and growth uncertainty for Australia. Findings – Using … quarterly data in multivariate EGARCH models, this study finds that both inflation uncertainty and output uncertainty have …

the Phillips Curve relationship between inflation and output. Design/methodology/approach – Building on work by Ball and …-run relationship between inflation and output. However, a long-run relationship is in fact found, once the variance and skew of …

price index (CPI) inflation in Indonesia. Design/methodology/approach – Using threshold model applied to Phillips curve … effects of money growth on inflation, but no threshold effect of exchange rate depreciation on inflation. Even though the … growth, i.e. 7.1 and 9.8 percent, and they are statistically different. The impact on inflation is high when money grows by …

Purpose – The purpose of this paper is to establish a link between inflation uncertainty and interest rates for five … inflation-targeting countries. Design/methodology/approach – The approach takes the form of a time-varying parameter model with … and structural uncertainty. Findings – This study attempts to establish a link between inflation uncertainty and interest …

Purpose – The purpose of this paper is to propose and test empirically an inflation model containing permanent and … observable inflation to change over time. Out-of-sample forecasting exercises are used to test the model validity. Design … augmented Kalman filter, which allows us to compute smoothed estimates of permanent and of transitory components of inflation …