Inflation and Inflation Uncertainty Nexus: Empirical Evidence from Pakistan
This study examines relationship between Inflation and Inflation uncertainty for Pakistan using monthly data over 1957:1-2007:12. ARMA-GARCH model is applied to estimate conditional volatility of inflation. Findings of the study support Friedman-Ball hypothesis for Pakistan as Granger-causality test...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2012-01-01
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Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | http://www.econjournals.com/index.php/ijefi/article/view/149/pdf |