Regime Dependent Effects of Inflation Uncertainty on Real Growth: A Markov Switching Approach

dc.contributor.author	Caglayan, Mustafa
dc.contributor.author	Kocaaslan, Ozge Kandemir
dc.contributor.author	Mouratidis, Kostas
dc.date.accessioned	2019-12-23T08:11:08Z
dc.date.available	2019-12-23T08:11:08Z
dc.date.issued	2016
dc.identifier.issn	0036-9292
dc.identifier.uri	https://doi.org/10.1111/sjpe.12087
dc.identifier.uri	http://hdl.handle.net/11655/21253
dc.description.abstract	We empirically investigate the effects of inflation uncertainty on output growth for the United States between 1960 and 2012. Modeling output dynamics within a Markov regime switching framework, we provide evidence that inflation uncertainty exerts a negative and regime-dependent impact on output growth. A battery of sensitivity checks confirm our findings.
dc.language.iso	en
dc.publisher	Wiley
dc.relation.isversionof	10.1111/sjpe.12087
dc.rights	info:eu-repo/semantics/openAccess
dc.subject	Business & Economics
dc.subject	Government & Law
dc.title	Regime Dependent Effects of Inflation Uncertainty on Real Growth: A Markov Switching Approach
dc.type	info:eu-repo/semantics/article
dc.type	info:eu-repo/semantics/publishedVersion
dc.relation.journal	Scottish Journal Of Political Economy
dc.contributor.department	İktisat
dc.identifier.volume	63
dc.identifier.issue	2
dc.identifier.startpage	135
dc.identifier.endpage	155
dc.description.index	WoS