INFLATION, INFLATION UNCERTAINTY AND FUEL PRICES IN THE EU

被引：0

作者：

Albulescu, Claudiu Tiberiu ^{[1
]}

Stancu, Stelian ^{[2
]}

Grecu, Eugenia ^{[1
]}

Trasca, Daniela Livia ^{[3
]}

机构：

[1] Politehn Univ Timisoara, Dept Management, Timisoara, Romania

[2] Bucharest Univ Econ Studies, Dept Econ Informat & Cybernet, Bucharest, Romania

[3] Bucharest Univ Econ Studies, Dept Econ & Econ Policies, Bucharest, Romania

来源：

ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH | 2022年 / 56卷 / 02期

关键词：

inflation; inflation uncertainty; fuel prices; dynamic panel; EU countries; US INFLATION; CAUSALITY; GROWTH; TESTS; OIL;

D O I：

10.24818/18423264/56.2.22.03

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We investigate the interactions between inflation, inflation uncertainty and fuel prices in the EU-28 countries, over the period 2005 to 2017. We compute the inflation uncertainty as the difference between the recorded level of inflation and one-year inflation forecasts. Our GMM results show a positive impact of inflation uncertainty and fuel prices on inflation. In addition, we show that diesel prices have a larger impact on inflation level compared with gasoline prices. Further, the increase in oil prices over the previous period, and the inflation targeting regime, have no significant influence on inflation. Our results are robust to different models and samples.

引用

页码：37 / 48

页数：12

共 50 条

[31] FOOD PRICES AND INFLATION
HATHAWAY, DE
[J]. BROOKINGS PAPERS ON ECONOMIC ACTIVITY, 1974, (01) : 63 - 116
[32] PROFITS, PRICES AND INFLATION
CUNNINGHAM, B
[J]. AFL-CIO AMERICAN FEDERATIONIST, 1978, 85 (08): : 16 - 18
[33] INFLATION AND FARM PRICES - INFLATION IS ONLY PART OF STORY
YEREX, D
[J]. NEW ZEALAND JOURNAL OF AGRICULTURE, 1977, 135 (02): : 22 - 22
[34] Inflation, inflation uncertainty and output growth in the USA
Bhar, Ramprasad
Mallik, Girijasankar
[J]. PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, 2010, 389 (23) : 5503 - 5510
[35] Inflation, Inflation Uncertainty and Macroeconomic Performance in Australia
Bhar, Ramprasad
Mallik, Girijasankar
[J]. ECONOMIC ANALYSIS AND POLICY, 2012, 42 (03) : 305 - 318
[36] On the real effects of inflation and inflation uncertainty in Mexico
Grier, Robin
Grier, Kevin B.
[J]. JOURNAL OF DEVELOPMENT ECONOMICS, 2006, 80 (02) : 478 - 500
[37] DOES INFLATION UNCERTAINTY INCREASE WITH THE LEVEL OF INFLATION
BULKLEY, G
[J]. EUROPEAN ECONOMIC REVIEW, 1984, 25 (02) : 213 - 221
[38] Causal relationships between inflation and inflation uncertainty
Barnett, William A.
Jawadi, Fredj
Ftiti, Zied
[J]. STUDIES IN NONLINEAR DYNAMICS AND ECONOMETRICS, 2020, 24 (05):
[39] On Relationship Between Inflation and Inflation Uncertainty in China
Zhang, Jiaping
Yu, Xiaojian
[J]. SEVENTH WUHAN INTERNATIONAL CONFERENCE ON E-BUSINESS, VOLS I-III: UNLOCKING THE FULL POTENTIAL OF GLOBAL TECHNOLOGY, 2008, : 1729 - 1733
[40] INFLATION REGIMES AND THE SOURCES OF INFLATION UNCERTAINTY - COMMENT
HOLLAND, AS
[J]. JOURNAL OF MONEY CREDIT AND BANKING, 1993, 25 (03) : 514 - 520

← 1 2 3 4 5 →