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economies. The general findings for monetary policy are that, while it was costly to lower inflation (in terms of output and … inflation further from its already low level. While inflation was being lowered, in a number of cases central banks were also … evidence that these changes have helped in terms of better anchoring inflation expectations. At the same time there is no firm …
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This study provides estimates of economic uncertainty and inflation uncertainty for the Greek economy and considers … their time-varying impact on the corresponding macroeconomic variables, i.e. GDP growth and inflation. The authors find that …
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"harmful inflation" regime for higher nominal GDP growth rates, these results have strong implications for guiding recent …
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situation helps to explain the surge in the country's inflation and its very high growth in financial condition from late 2007 …
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exchange rate, exports and inflation channels.- Chapter 4. Foreign GDP growth uncertainties shock and South African economy … real exchange rate and foreign demand shocks on inflation dynamics.- Chapter 9. Is macroeconomic uncertainty a source of …
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