This paper examines the relationship between inflation and inflation uncertainty in Nigeria. It attempts to test … whether the Friedman's hypothesis - that a rise in the average rate of inflation leads to more uncertainty about future rate … of inflation - holds for the country. The monthly inflation data spanning the period 1960:1 to 2014:07 was used …

We use parametric power ARCH models of the conditional variance of inflation to model the relationship between … inflation and its uncertainty using monthly data for Germany, the Netherlands and Sweden over a period ranging from 1962 to 2004 …. For all three countries inflation significantly raises inflation uncertainty as predicted by Friedman. Increased …

This paper examines the relationship between inflation and inflation uncertainty for both developed and emerging … countries. We find new evidence that suggests positive inflationary shocks have stronger impacts on inflation uncertainty for …

We provide new evidence on the relationship between inflation and its uncertainty in the U.S. on an historical basis …, covering the period 1775-2014. First, we use a bounded approach for measuring inflation uncertainty, as proposed by Chan et al … inflation and its uncertainty that varies across time and frequency. First, we show that in the medium- and long-runs, the …

This article assesses the interaction between inflation and inflation uncertainty in a dynamic framework for Turkey by … using monthly data for the time period 1984–2009. The bulk of previous studies investigating the link between inflation and … inflation uncertainty employ Autoregressive Conditional Heteroskedasticity (ARCH)-type models, which consider inflation …

UK. We estimate the two main parameters driving the degree of persistence in inflation and its uncertainty using a dual …This article analyzes the inflation dynamics of several countries belonging to the European Monetary Union and of the … long memory process. We also investigate the possible existence of heterogeneity in inflation dynamics across Euro area …

the linkages between inflation and inflation uncertainty in nine Asian countries. The results show that inflation … positively causes inflation uncertainty in all economies regardless of whether economies are inflation or non-inflation targeting …. The Friedman-Ball hypothesis is thus supported. In addition, inflation uncertainty positively causes inflation in most …

This paper is first attempt to measure and analyze inflation uncertainty in Pakistan and it provides several … contributions. Using quarterly data from 1976:01 to 2008:02, at first stage we model inflation uncertainty as time varying process … through GARCH framework. At second stage asymmetric behavior of inflation uncertainty is analyzed by using GJR-GARCH and …