Showing 1 - 10 of 1,607
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 …
Persistent link: https://www.econbiz.de/10014863291
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 …
Persistent link: https://www.econbiz.de/10014863302
Purpose – The purpose of this paper is to examine the causal relationships between inflation, output growth and their … found strong evidence favoring a positive effect of a change in the inflation uncertainty as predicted by the Friedman …-Ball hypothesis. In addition, inflation (inflation uncertainty) has direct (indirect) negative effect on the output growth. The …
Persistent link: https://www.econbiz.de/10014864228
Purpose – Bounce-back effect of stock market returns has been found empirically using different approaches. However, few paper explains the underlying mechanism. The paper aims to discuss these issues. Design/methodology/approach – This paper fills this gap and provides an explanation for...
Persistent link: https://www.econbiz.de/10014694591
Purpose The purpose of this paper is to evaluate whether the effect of inflation uncertainty on inflation has changed … time-varying parameters (TVP) as proposed by Chan (2017). Findings Considering inflation series for the last two decades …, the overall relationship between inflation uncertainty and inflation has changed over the years in Latin America …
Persistent link: https://www.econbiz.de/10014864172
The relative impacts of the monetised and non‐monetised deficit on output and inflation in the United States are … affected real GNP growth, nominal GNP growth or inflation. For the period 1961‐1982, monetisation is found to have fuelled … inflation with no effect on real GNP. Non‐monetised deficits provided a negative short‐run impact on the rate of inflation over …
Persistent link: https://www.econbiz.de/10014863848
Investigates whether consumers are subject to the money illusion during a period of accelerated inflation. Looks at how … carried out in the USA and Germany into differences between national reactions to economic changes. Reveals that consumers are …
Persistent link: https://www.econbiz.de/10014725091
manufacturer in the USA. Reveals that, in an inflationary period, pricing has to anticipate the expected rate of inflation if the …
Persistent link: https://www.econbiz.de/10014725102
short‐run Fisher relationships. Applies them to the UK, USA, Canada and Japan, using 1978‐1997 monthly data and Eurocurrency … interest rates to explore the relationship between nominal interest rates and inflation rates. Finds a significant positive … significance only at the 10 per cent level for the USA.  …
Persistent link: https://www.econbiz.de/10014940346
. Es erweist sich, dass die Divergenz in den Wachstumsraten der USA und der EU seit 1997 fast zur Gänze auf …
Persistent link: https://www.econbiz.de/10014609054