inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the … and OPU shocks are larger when allowing for asymmetries in the context of the NARDL framework. Further, EPU shocks …, especially negative ones, have a stronger impact on inflation than OPU ones and capture some of the monetary policy uncertainty …

domestic product, consumer confidence, and monetary policy rates while raising CPI inflation. A counterfactual experiment, in …

factors impact the inflation rate. This study delves into the complex relationship between budgetary shocks, economic … uncertainty, and inflation within the context of the Russian economy. The aim of this study is to unravel how budgetary decisions …, made amidst a globally uncertain economic environment, influence inflation dynamics. In other words, the objective of this …