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In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10010312036
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10011108666
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10013084532
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10009743358
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10010755512
Using a bivariate GARCH model of inflation and output growth we find evidence that higher inflation and more inflation …
Persistent link: https://www.econbiz.de/10008543375
, in°ation and output uncertainty have a mixed effect on inflation. Consistent results are found using the VAR … reduce inflation. Our empirical results highlight important differences with those for industrialized countries. …
Persistent link: https://www.econbiz.de/10005518407
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 …
Persistent link: https://www.econbiz.de/10011890489
Australia's inflation rate and inflation uncertainty during the post-float era 1983Q3–2006Q4 have acted as important … barometers of Australia's macroeconomic performance. The conceptualization and measurement of the nexus between inflation and … inflation uncertainty is subject to complex dynamics. We use the Markov regime switching heteroscedasticity (MRSH) model to …
Persistent link: https://www.econbiz.de/10013104363
In this paper, we present a new time series model, whichdescribes self-exciting threshold autoregressive (SETAR) nonlinearityand seasonality simultaneously. The model is termed multiplicativeseasonal SETAR (SEASETAR). It can be viewed as a special case of ageneral non-multiplicativeSETAR model...
Persistent link: https://www.econbiz.de/10011304390