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Inflation, output growth, volatility and causality: evidence from panel data and the G7 countries. (English) Zbl 1254.91631

Summary: This study investigates, through univariate GARCH models and a panel set for the G7, whether there is any causality between inflation, output growth, and inflation uncertainty. The results suggest that inflation affects output growth, while inflation causes inflation uncertainty.

MSC:

91B84 Economic time series analysis
91B82 Statistical methods; economic indices and measures
62P20 Applications of statistics to economics
62M10 Time series, auto-correlation, regression, etc. in statistics (GARCH)
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