in ERPT to CPI inflation for the Finnish economy. Within a logistic smooth transition framework, our investigations …

This study investigates the relationship between inflation, inflation uncertainty and output in Tunisia using real and … in Tunisia. -- GARCH-M model ; inflation ; inflation uncertainty ; output … nominal data. GARCH-in-mean model with lagged variance equation is employed for the analysis. The result shows that inflation …

contradicts with the output-inflation relationship depicted by a traditional Phillips curve. This paper examines how the permanent … output loss during the Great Recession has affected the ability of the Phillips curve to explain U.S. inflation dynamics. We …Ever since the end of the Great Recession, the U.S. economy has experienced a period of mild inflation, which …

and Karanasos (2008) to examine the intertemporal relationship between the uncertainties of inflation and output growth in … the US. We find that inflation uncertainty effects output variability positively, while output variability has a negative … effect on inflation uncertainty. …

uncertainties using US data. We find that high inflation is detrimental to output growth both directly and indirectly via the … nominal uncertainty. Output growth boosts inflation but mainly indirectly through a reduction in real uncertainty. Our … framework we examine the twelve potential intertemporal relationships between inflation, growth and their respective …

, we focus not only on real activity, which has received most attention to date, but also on inflation and its interaction … aspects concern a real activity decline that was unusually long but less unusually deep, and an inflation decline that was … unusually deep but brief; and (3) its real activity and inflation interactions were strongly positive, consistent with an …

Regarding inflation as being a monetary phenomenon in the long-run is a widely-held view in modern macro economics. We … analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a … supposed equilibrium price level (P-star), which itself depends on potential output and money. We investigate country …

This paper examines the presence of nonlinear mechanism in the exchange rate pass-through (ERPT) to CPI inflation for … inflation in the EA context …

in ERPT to CPI inflation for the Finnish economy. Within a logistic smooth transition framework, our investigations …