High and variable inflation: Further evidence on the friedman hypothesis

Economics Letters

Volumn 54, Issue 1, 1997, Pages 65-68

  Caporale, Tony ^a   McKiernan, Barbara ^a  

^a OHIO UNIVERSITY   (United States)

Author keywords

Inflation variability

Indexed keywords

EID: 0031287016     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0165-1765(96)00939-1     Document Type: Article

References (7)

1. Ball, L. and S. Cecchetti, 1990, Inflation and uncertainty at short and long horizons, Brookings Papers on Economic Activity 1, 215-254.
2. Engle, R.F., 1983, Estimates of the variance of US inflation based upon the ARCH model, Journal of Money, Credit and Banking 15, 286-301.
3. Fisher, S., 1981, Towards an understanding of the costs of inflation: II, Carnegie Rochester Conference Series on Public Policy 15, 5-42.
4. Foster, E., 1978, The variability of inflation, Review of Economics and Statistics 60, 346-350.
5. Friedman, M., 1977, Nobel lecture: Inflation and unemployment, Journal of Political Economy 85, 451-472.
6. Garcia, R. and P. Perron, 1996, An analysis of the real interest rate under regime shifts, Review of Economics and Statistics 83, 111-125.
7. Taylor, J.B., 1981, On the relation between the variability of inflation and the average inflation rate, Carnegie Rochester Conference Series on Public Policy 15, 57-86.