Inflation and inflation uncertainty in the G-7 countries
โ Scribed by Hakan Berument; N. Nergiz Dincer
- Publisher
- Elsevier Science
- Year
- 2005
- Tongue
- English
- Weight
- 195 KB
- Volume
- 348
- Category
- Article
- ISSN
- 0378-4371
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## Abstract We study the effects of growth volatility and inflation volatility on average rates of output growth and inflation for postโwar US data. Our results suggest that increased growth uncertainty is associated with significantly lower average growth, while higher inflation uncertainty is sig
Using the date of independence as an instrument for democratic institutions, and data over the period 1960-2003, I find a positive and significant effect of democracy on inflation in a sample of 62 developing countries. Democracy increases inflation because democracy stimulates money creation and co
## Abstract Crossโcountry regressions explaining output growth often obtain a negative effect from inflation. However, that result is not robust, due to the selection of countries in sample, temporal aggregation, and omission of consequential variables in levels. This paper demonstrates some implic
## Abstract This paper compares the response of inflation to changes in exchange rate competitiveness in various regions of the world. The paper first presents evidence that an empirical relationship between the __rate__ of inflation and the __level__ of the real exchange rate holds for a large set
This paper seeks to address the policy issue of the usefulness of ยฎnancial spreads as indicators of future inยฏation and output growth in the countries of the European Union, placing a particular focus on out-ofsample forecasting performance. Such analysis is of considerable relevance to monetary aut