increased inflation uncertainty. Ball (1992) produces macroeconomic theory that could justify that causality. But other …Since the publication of Friedman’s (1977) Nobel lecture, the relationship between the mean function of the inflation … stochastic process and its uncertainty has been the subject of much research. Friedman postulated that high inflation causes …

the two specific dimensions of the Tunisian inflation rate: inflation regimes and persistence. We tackle this issue by …This article examines the dynamic characteristics of the inflation rate in Tunisia over the last two decades, and … stable inflation regime in the last 10 years, with an average inflation rate of around 5.5%. It is also found that the …

Since the publication of Friedman’s (1977) Nobel lecture, the relationships between the mean function of the inflation … stochastic process and its uncertainty, and between inflation uncertainty (IU) and real output growth have been the subject of … correlation between mean inflation and inflation volatility with causation in either direction. We conduct a systematic …

The paper deals with the detection and measurement of the level of persistence on aggregate private consumption in … persistence shown by the consumption in Portugal can be beneficial for the effectiveness of the countercyclical fiscal and …

parameter estimation of GARCH error term. So that the model can be applied in practice. We then illustrate the model and … estimation methods with a few of different finance data sets. …