Using a bivariate GARCH model of inflation and output growth we find evidence that higher inflation and more inflation … uncertainty lead to lower output growth in the Japanese economy. These results support the argument of a price stability objective …

show that the existence of Granger-causality is observed from nominal uncertainty to inflation, from nominal uncertainty to … real uncertainty, from output growth to real uncertainty, from output growth to nominal uncertainty and from inflation to … investigate the Granger causality relationships between output growth, inflation rate and their uncertainties. Our test results …

, in°ation and output uncertainty have a mixed effect on inflation. Consistent results are found using the VAR … real and nominal macroeconomic uncertainty on in°ation and output growth. We conclude the following. First, in the majority … of countries uncertainty regarding the output growth rate is related negatively to the average growth rate. Second …

inflation, growth and their uncertainties. -- Inflation ; inflation uncertainty ; real uncertainty ; monetary regimes ; Eastern …In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation …

The study applies a BEKK GARCH-M model to examine the effect of uncertainty on the levels of inflation and output … growth in Nigeria. The results suggest a significant positive effect of inflation uncertainty on the level of inflation …, supporting the Cukierman and Meltzer (1986) hypothesis. In addition, uncertainty about inflation is found to be detrimental to …

In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …

How do short and long term interest rates respond to a jump in financial uncertainty? We address this question by … conducting a local projections analysis with US monthly data, period: 1962-2018. The state-of-the-art financial uncertainty … particular, an increase in financial uncertainty is found to trigger a negative and significant response of both short and long …

The study applies a BEKK GARCH-M model to examine the effect of uncertainty on the levels of inflation and output … growth in Nigeria. The results suggest a significant positive effect of inflation uncertainty on the level of inflation …, supporting the Cukierman and Meltzer (1986) hypothesis. In addition, uncertainty about inflation is found to be detrimental to …

In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …

In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …