Acceso al sitio web del Consejo de Políticas de Infraestructura

   
ARTÍCULO
TITULO

The Relationship between Inflation and its Uncertainty: Evidence from Jordan

Izz Eddien N. Ananzeh    

Resumen

There are many harmful impacts of inflation and inflation volatility in any economy, which includes increasing the risk premium, costs of hedging, and consequently leads to re-distribution of national income between strata of society unfairly. Therefore, this study came to test the relationship between inflation and inflation uncertainty for Jordan from 1976 to 2013. For that purpose we employing two different methodologies generalized autoregressive conditional heteroscedasticity GARCH process, and the granger causality technique. The results of the GARCH model support the hypothesis of Friedman & Ball through Indicating strong support for the presence of a positive relationship between the inflation rate and its uncertainty. The Granger causality results report supporting hypothesis of Cukierman and Meltzer in 1986, and also Granger causality test running in the both ways.Keywords: GARCH model; Granger Causality Test; Inflation; Inflation UncertaintyJEL Classifications: C1; D8; E31

PÁGINAS
pp. 929 - 932
MATERIAS
ECONOMÍA

 Artículos similares

       
 
Kamil Albert Homski     Pág. 37 - 44
The first aim of this study was to measure the efficiency of the R&D sector in the EU countries. The findings have indicated that the sector?s efficiency was different in particular countries. It was more than three times higher in the most efficient... ver más

 
Jakub Staniszewski     Pág. 7 - `18
The paper reviews the economic theories that describe the relationship between agricultural productivity growth and economic development. Historical examples of such relationships are also presented. The review proves that improvements in the productivit... ver más

 
Huseyin Avunduk     Pág. 20 - 33
Today, manufacturing industries are trying to maintain and increase their competitiveness in an environment where constantly changing uncertainty prevails. The industry is increasingly searching for new technology to respond quickly and at low cost to fl... ver más

 
Axellina Muara Setyanti,Setyo Tri Wahyudi     Pág. 208 - 219
Abstract: FDI - employment relationship has been a major concern of many researchers due to it's various findings. FDI is stated that able to trigger growth in employment, however, on the other hand, some have found that employment conditions affect FDI ... ver más
Revista: Jurnal Economia

 
I Wayan Gde Sarmawa,Ida Ayu Oka Martini,Ida Ayu Putu Widani Sugianingrat     Pág. 249 - 266
Abstract: Companies are constantly trying to maintain customer trust and loyalty in an effort to preserve business sustainability. Implementing environmental concerns in the form of Corporate Social Responsibility (CSR) is expected to achieve both of the... ver más
Revista: Jurnal Economia