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 …

This paper develops a Bayesian quantile regression model with time-varying parameters (TVPs) for forecasting inflation … inflation with the ability of quantile regression to model flexibly the whole distribution of inflation. In order to make our …-based indicators for the prediction of the conditional distribution of inflation in the euro area, both in the short and longer run …

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 …

This paper addresses the estimation of Phillips curve equations for the euro area while employing less stringent … assumptions on the functional correspondence between price inflation, inflation expectations, and marginal costs. Expectations are … not assumed to be an unbiased predictor of actual inflation and instead derived from the European Commission's Consumer …

This paper examines euro area inflation dynamics by estimating open economy New Keynesian Phillips curves based on the … survey data and OECD inflation forecasts are used to proxy inflation expectations. The results suggest that, compared with a … closed economy New Keynesian Phillips curve, euro area inflation dynamics are better captured by the open economy …

Recession, inflation did not decrease as much as predicted by linear Phillips curves, a phenomenon known as the missing … response of inflation to an increase in unemployment slower in the region where unemployment is already high. Nonlinearities … inflation or financial frictions. However, studying a range of specifications with different measures of inflation and economic …