Among the harmful effects of inflation, the negative consequences of inflation volatility are of particular concern … inflation volatility. Major results are robust for unconditional and conditional inflation volatility, the latter derived from … country-specific GARCH models, and across different data requencies, time periods and econometric methodologies. From a policy …

We lay out an empirical and a theoretical model to analyze the effects of non-fundamental exchange rate volatility on … economic activity and welfare. In the first part of the paper, the GARCH-SVARmodel is applied to measure empirically the effect … of the conditional exogenous exchange rate volatility on the conditional mean of the endogenous variables in our open …

This Joint Country Evaluation of the development cooperation of Denmark, Sweden and the European Union with Bangladesh … strategy and delivery of the Evaluation Partners in Bangladesh, and secondly informing future decision-making through lessons …