The relationship between inflation and inflation uncertainty in the UK: 1885--1998 (Q5958371): Difference between revisions
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Latest revision as of 09:26, 30 July 2024
scientific article; zbMATH DE number 1715372
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The relationship between inflation and inflation uncertainty in the UK: 1885--1998 |
scientific article; zbMATH DE number 1715372 |
Statements
The relationship between inflation and inflation uncertainty in the UK: 1885--1998 (English)
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3 March 2002
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Using a long series of UK inflation data, I have provided strong evidence in favour of the hypothesis that inflationary periods are associated with high inflation uncertainty. This result supports the Friedman--Ball hypothesis and has important implications for the inflation--output relationship provided that more inflation uncertainty leads to lower output.
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inflation
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inflation uncertainty
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conditional variance
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