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DOES THE MAGNITUDE OF THE EFFECT OF INFLATION UNCERTAINTY ON OUTPUT GROWTH DEPEND ON THE LEVEL OF INFLATION?

✍ Scribed by KUANG-LIANG CHANG; CHI-WEI HE

Book ID
111042827
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
256 KB
Volume
78
Category
Article
ISSN
1463-6786

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The asymmetric effects of uncertainty on
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✍ Kevin B. Grier; Γ“lan T. Henry; Nilss Olekalns; Kalvinder Shields πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 177 KB

## Abstract We study the effects of growth volatility and inflation volatility on average rates of output growth and inflation for post‐war US data. Our results suggest that increased growth uncertainty is associated with significantly lower average growth, while higher inflation uncertainty is sig