Dependency on oil-derived fuels in various sectors, most notably in mobility, has left the
global economy vulnerable to several macroeconomic economic side effects. Numerous …

This paper investigates the relationship between inflation, inflation uncertainty, and
economic growth in a panel of 94 emerging and developing countries. Based on the system …

There has recently been considerable interest in the potential adverse effects associated
with excessive uncertainty in energy futures markets. Theoretical models of investment …

We analyze the causal effects of real and nominal macroeconomic uncertainty on inflation
and output growth by considering whether these effects are cycle phase specific. Employing …

Since the 1990s, central banks in many industrialized and developing countries have
adopted similar policy strategies for stabilizing inflation. In this context, it has been argued …

This paper studies the effects of crises on human capital formation. Theoretically, a crisis
undermines total factor productivity, which reduces the return to working and to …

A bivariate Markov regime switching model is employed to verify whether the relationship
between inflation and inflation uncertainty, or the negative effects of inflation and inflation …

A great of deal of study has explored the relationship between inflation and inflation
uncertainty under the assumptions of normal distribution and no regime shift. This paper …

This article employs an augmented version of the UECCC GARCH specification proposed in
Conrad and Karanasos (2010) which allows for lagged in‐mean effects, level effects as well …

Employing a bivariate regime switching model, this paper attempts to examine the regime‐
dependent effects of inflation uncertainty and output growth uncertainty on inflation and …