Monetary Policy Uncertainty and Inflation-Uncertainty Relationship.

This paper examines the effect of monetary policy uncertainty on the relationship between inflation and its conditional variance. Uncertainty in monetary policy, defined as persistence in the shocks to the growth rate of money, produces real uncertainty in the economy which contributes to inflation uncertainty.

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

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Series:	University College Cork - Department of Economics.
Type of publication:	Book / Working Paper
Notes:	13 pages
Classification:	E31 - Price Level; Inflation; Deflation ; E32 - Business Fluctuations; Cycles ; E59 - Monetary Policy, Central Banking and the Supply of Money and Credit. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005661266