지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2009.1
- 수록면
- 169 - 183 (15page)
이용수
초록· 키워드
오류제보하기
Given the costs to real output that inflation uncertainty has been shown to impose, two recent papers have investigated the interaction of inflation and uncertainty for a group of emerging market nations. Both papers find that an increase in inflation almost invariably increases uncertainty in developing countries. This finding accords with the Friedman hypothesis and with most results for industrialized countries. However, there is both theoretical and some tentative empirical evidence suggesting that, when inflation is high, and thus costly, an increase in inflation can spur greater investment in predicting the path of prices, and actually reduce rather than increase uncertainty. This possibility is particularly relevant for emerging markets, some of which have histories of high inflation. Using a somewhat different empirical methodology than previous authors, we find that inflation does indeed lower uncertainty at some horizons, and, as per theory, does so predominantly in those countries in our sample with the higher rates of inflation.
목차
등록된 정보가 없습니다.
참고문헌 (28)
참고문헌 신청
Ball, L / 1988 / The New Keynesian Economics and the Output-Inflation Tradeoff / Brookings Papers on Economic Activity : 1 ~ 65
Ball,L / 1992 / Why Does High Inflation Raise Inflation Uncertainty? / Journal of Monetary Economics : 185 ~ 191
Barnes, M. / 2006 / Threshold Relationships among Inflation,Financial Market Development and Growth / Journal of Financial Transformation : 141 ~ 149
Bollerslev,T / 1986 / Generalized Autoregressive Conditional Heteroscedasticity / Journal of Econometrics : 307 ~ 327
Bruno, M. / 1998 / Inflation Crises and Long-Run Growth / Journal of Monetary Economics : 3 ~ 26
Ball,L / 1992 / Why Does High Inflation Raise Inflation Uncertainty? / Journal of Monetary Economics : 185 ~ 191
Barnes, M. / 2006 / Threshold Relationships among Inflation,Financial Market Development and Growth / Journal of Financial Transformation : 141 ~ 149
Bollerslev,T / 1986 / Generalized Autoregressive Conditional Heteroscedasticity / Journal of Econometrics : 307 ~ 327
Bruno, M. / 1998 / Inflation Crises and Long-Run Growth / Journal of Monetary Economics : 3 ~ 26
함께 읽어보면 좋을 논문
논문 유사도에 따라 DBpia 가 추천하는 논문입니다. 함께 보면 좋을 연관 논문을 확인해보세요!
-
Inflation pass-through and inflation risk
인하대학교 정석물류통상연구원 학술대회
2009 .10
-
Oil-price, inflation pass-through: Are there some known, unknowns?
Journal of Economic Research (JER)
2018 .01
-
Inflation Co-Movement in the ASEAN Countries
Journal of Economic Development
2019 .01
-
New Approach to Estimation of the Core Inflation
Korea and the World Economy
2003 .09
-
Nexus between Inflation, Inflation Perceptions and Expectations
[KDI] Journal of Economic Policy
2018 .08
-
Inflation targeting and the uncertainty level in developing countries
Journal of Economic Research (JER)
2014 .01
-
Monetary Policy Rule under Inflation Targeting in Mongolia
[KIEP] East Asian Economic Review
2018 .12
-
AN EMPIRICAL STUDY ON FINANCIAL ANALYSIS DURING INFLATION PERIODS
전북대학교 산업경제연구소 논문집
1980 .12
-
Inflation Targeting in a Stable Growth Economy: The Korean Experience
Seoul Journal of Economics
2006 .01
-
OPTIMAL INFLATION TARGETS AND THE INFORMATIVENESS OF THE INFLATION RATE
Journal of Economic Research (JER)
2005 .01
-
지역간 상대가격 변동성과 인플레이션
지역연구
2002 .12
-
Inflation의 지속적 억제를 위한 방안
[BOK] 주간해외경제
1995 .04
-
인플레이션과 인플레이션 불확실성 : 직접적 관찰치의 이용
계량경제학보
2006 .01
-
Inflation Targeting and Predictive Power of Term Spreads
Seoul Journal of Economics
2014 .01
-
Analysis of Effects of Global Factors on Domestic Inflation
[BOK] Quarterly Bulletin(QB)
2015 .07
이 논문의 저자 정보
최근 본 자료
댓글(0)
0