The relationship between inflation and inflation uncertainty is investigated in Nigeria from 1960m1 to 2020m5. GARCH … model are used to generate a measure of inflation uncertainty and then Granger methods are employed to test for causality … between average inflation and inflation uncertainty.We go further than previous studies in this country,as we (i) use a recent …

Since 2013 the inflation rate in the euro area has fallen steadily, reaching all-time lows at the end of 2014. Market …-based measures of inflation expectations (such as inflation swaps) have also declined to extremely low levels, which suggests … increasing concern about the credibility of the ECB in maintaining price stability. Inflation releases have often surprised …

We propose to regard the central banker as a risk manager who aims to contain inflation within pre-specified bounds. We …

Long-term inflation expectations taken from the Survey of Professional Forecasters are a major source of information … information content of inflation-linked swap rates for the next survey outcome. Using a mixed data sampling approach, we find that … professionals account for the daily dynamics of inflation swap rates when they submit their long-term inflation expectations. We …

This paper investigates the effect of inflation uncertainty innovations on inflation over time by considering the … monthly United States data for the time period 1976-2006. In order to investigate the effect of inflation uncertainty … innovation on inflation, a Stochastic Volatility in Mean model (SVM) has been employed. SVM models are generally used to capture …

We investigate the effect of inflation uncertainty on inflation from January 1982 through March 2016 for Turkey by … (CPI) inflation suggests that the observed positive relationship between inflation and inflation uncertainty is not robust …. This positive relationship diminishes after 2002. This finding is valid for all five subcomponents of CPI inflation …

future inflation changes. The unobserved regime changes are revealed ex ante (3 - 4 months ahead) with respect to observed … spreads on future inflation changes, but the monetary policy regime itself explains changes in the future inflation rates …

We study euro-area risk-adjusted expected inflation and the inflation risk premium at different maturities, leveraging … inflation swaps, inflation options and survey-based forecasts. We introduce a model that features time-varying long-term average … inflation and time-varying inflation volatility and we anchor market-based risk-adjusted measures of expected inflation to …

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 …

We construct an empirical test of whether the anticipation of adoption of inflation targeting affects the inflation … rate. We observe that most of the central banks adopt the regime after first achieving significant disinflation. With pre-inflation …-in-difference framework. We find that inflation targeting is successful in locking-in already low inflation rather than reducing high …