Re-Examining Inflation and Inflation Uncertainty in Developed and Emerging Countries
Posted: 30 May 2006
This paper examines the relationship between inflation and inflation uncertainty for both developed and emerging countries. We find new evidence that suggests positive inflationary shocks have stronger impacts on inflation uncertainty for mainly Latin American countries.
Keywords: Inflation uncertainty, asymmetric power GARCH, granger causality
JEL Classification: C22, E31
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