A Simple Theory of the Inflation-Uncertainty Relationship.

This paper will show that in the presence of real uncertainty an increase in the perfectly anticipated growth rate of the money supply will cause an increase in both expected inflation and inflation uncertainty due to what is termed amplification effects.

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Year of publication:	1996
Authors:	Powers, D.
Institutions:	Department of Economics, Faculty of Commerce
Subject:	INFLATION \| UNCERTAINTY \| MONEY \| MONETARY POLICY

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Series:	University College Cork - Department of Economics.
Type of publication:	Book / Working Paper
Notes:	7 pages
Classification:	D80 - Information and Uncertainty. General ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; E30 - Prices, Business Fluctuations, and Cycles. General ; E31 - Price Level; Inflation; Deflation ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005625896