indicator for inflation uncertainty. Moreover, our results suggest that using only one individual disagreement measure may be …Any measure of unobserved inflation uncertainty relies on specific assumptions which are most likely not fulfilled … that higher inflation is followed by higher uncertainty. By contrast, we obtain contradictory results for the individual …

indicator for inflation uncertainty. Moreover, the idiosyncratic component of survey disagreement contains systematic …Any measure of unobserved inflation uncertainty relies on specific assumptions which are most likely not fulfilled … that higher inflation is followed by higher uncertainty. By contrast, we obtain contradictory results for the individual …

uncertainty with the dispersion of point-estimates among individual forecasters (a measure of disagreement). We also assess the …

survey collects point and density forecasts of inflation and GDP growth, and hence offers the opportunity of constructing … uncertainty and disagreement. The resulting measures are compared with other direct measures of uncertainty, nationally and … internationally. A significant, sustained reduction in inflation uncertainty followed the 1997 granting of operational independence to …

A couple of recent papers have shifted the focus towards disagreement of professional forecasters. When dealing with … of average annual growth rates measures of disagreement across forecasters naturally are distorted by a component that … disagreement. Based on the paper's results we suggest two methods to estimate dispersion measures from panels of fixed event …

This paper documents multivariate forecast disagreement among professional forecasters of the Euro area economy and … discusses implications for models of heterogeneous expectation formation. Disagreement varies over time and is strongly counter …-cyclical. Disagreement is positively correlated with general (economic) uncertainty. Aggregate supply shocks drive disagreement about the …

A couple of recent papers have shifted the focus towards disagreement of professional forecasters. When dealing with … of average annual growth rates measures of disagreement across forecasters naturally are distorted by a component that … disagreement. Based on the paper's results we suggest two methods to estimate dispersion measures from panels of fixed event …

This paper empirically investigates the relationship between average inflation and inflation uncertainty in Paraguay … of the inflation …

This paper investigates the relationship between inflation and inflation uncertainty in twelve EMU countries. A time …-varying GARCH model is estimated to distinguish between short-run and steady-state inflation uncertainty. The effects of the …-state inflation has generally remained stable, steady-state inflation uncertainty and inflation persistence have both increased, and …