## 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
Inflation, inflation uncertainty and output growth in the USA
โ Scribed by Ramprasad Bhar; Girijasankar Mallik
- Publisher
- Elsevier Science
- Year
- 2010
- Tongue
- English
- Weight
- 275 KB
- Volume
- 389
- Category
- Article
- ISSN
- 0378-4371
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## 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
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