This study compares the performance of GARCH-Type models in modelling inflation volatility in Nigeria covering the … period 1995M01 to 2016M10. In the paper, we provide two main innovations: (i) we analyze inflation rate of two pronounced … the role of structural breaks for inflation rate volatility in Nigeria will yield misleading and invalid policy …

This paper investigates the relationship between the Great Moderation and two measures of inflation performance: trend … inflation and inflation volatility. Using annual data from 1970 to 2011 for a large panel of 180 developed and developing … empirical findings show that the effect of inflation volatility is positive, while the effect of trend inflation is negative …