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On Measuring the Effect of Inflation Uncertainty on Real GNP Growth

✍ Scribed by George Davis and Bryce Kanago


Book ID
124321365
Publisher
Oxford University Press
Year
1996
Tongue
English
Weight
789 KB
Volume
48
Category
Article
ISSN
0030-7653

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## 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