Berument, Hakan; Kose, Nezir; Sahin, Afsin - In: The IUP Journal of Monetary Economics VIII (2010) 1 & 2, pp. 7-22
The purpose of this paper is to assess the seasonal inflation uncertainties for a big open economy, the US, for the period from January 1947 to April 2008. The paper uses EGARCH model which includes volatility in the conditional mean equation capturing the short-term and long-term volatility...
