framework we examine the twelve potential intertemporal relationships between inflation, growth and their respective … 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 …

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. …

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. …

framework we examine the twelve potential intertemporal relationships between inflation, growth and their respective … 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 …

This paper explores bidirectional linkage between inflation and its uncertainty by observing monthly data of 11 Eastern … European countries. The methodological approach comprises two steps. First, inflation uncertainty series have been created by … choosing an optimal Generalized Autoregressive Conditional Heteroskedasticity- (GARCH) type model. Subsequently, inflation and …

Any measure of unobserved inflation uncertainty relies on specific assumptions which are most likely not fulfilled … indicator for inflation uncertainty. Moreover, the idiosyncratic component of survey disagreement contains systematic … that higher inflation is followed by higher uncertainty. By contrast, we obtain contradictory results for the individual …

This paper investigates how inflation and its uncertainty impact GDP growth in eight Central and Eastern European … Countries. Inflation uncertainty series are created examining several GARCH models in combination with three different … distribution functions, while the nonlinear effect of inflation and its uncertainty on GDP growth is assessed in the Bayesian …

markets and inflation is analyzed. The results of Granger-causality tests reveal that stock market has no predictive power … volatility for inflation uncertainty, et vice versa. Regarding the subsequent volatility of short-term and of long-term interest … rate. In contrast, inflation uncertainty provides some information. The hypothesis of a causality running from the …

Inflation and inflation uncertainty are critical factors influencing the functioning of markets and thus the efficient … flow of economic activities. In this study, we investigated the effects of inflation and inflation uncertainty on growth in … Ghana. Unlike the majority of the previous studies, we distinguished the short-run effects of inflation and inflation …

In the present study, we examine the relationship between inflation and inflation uncertainty using monthly Consumer … inflation rates. The A-DCC model allows for conditional asymmetries in covariance and correlation dynamics, thereby enabling to … decreasing inflation uncertainty is expected to reduce inflation. This seems a hard enough, especially with the political …