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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 …
Persistent link: https://www.econbiz.de/10009147699
How does inflation uncertainty interact with inflation rate? The purpose of this article is to assess this question in … Egypt in a wavelets transform framework. We investigate the direction of causality in the relationship inflation-inflation … to resolve the inconsistencies and to point a robust nonlinear effect of inflation on inflation uncertainty, which is …
Persistent link: https://www.econbiz.de/10011107856
The nexus between inflation and its uncertainty has been a topic of wide dispute. Using wavelet decomposition and with … different frequencies involved. In the short-run, inflation expands inflation uncertainty and vice versa. In the medium term …, higher inflation leads to greater volatility, while there is no evidence of significant link in the long-run. The main causes …
Persistent link: https://www.econbiz.de/10011107929
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10011108666
This paper explores the relationship between the level of inflation, inflation variability, and output performance in … the Venezuelan economy for the period 1951-2002. The paper examines the mechanism through which higher inflation … inflation produces more inflation volatility /uncertainty that leads to relative price variability that in turn, is harmful for …
Persistent link: https://www.econbiz.de/10011111810
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 …
Persistent link: https://www.econbiz.de/10008559027
Public financial management by the government is very important in view of the level of welfare in Indonesia is still low, as there are still much poverty with the level of fulfillment of the needs of low, corruption that occurs in every area of government, income distribution is uneven, low...
Persistent link: https://www.econbiz.de/10012968836
bank) performs its functions. Central banks in Muslim countries are using various instruments for monetary policy purpose …
Persistent link: https://www.econbiz.de/10008543051
Inflation as a phenomenon has witnessed remarkable changes starting from mid-eighties of the last century. Inflation … pull inflation as one of the major determinants of inflation has decreased due to efficient monetary policies that have … been adopted by central banks all over the world to reduce inflation based on anchoring inflation expectations. Moreover …
Persistent link: https://www.econbiz.de/10009647354
The Israeli Economy has served as a laboratory for the study of inflation and government policy reponse. In periods … crucial for Israel's experience of inflation, finance ministers were replaced frequently, often changing their predecessors …' policies, much to the detriment of inflation. Inflation grew from an average of less than 10% per year in the decade preceding …
Persistent link: https://www.econbiz.de/10005622172