FURTHER EVIDENCE ON OKUN'S HYPOTHESIS ON THE INFLATION RATE VARIABILITY

1992
KEYDER, Nur
The paper, tries to test the hypothesis that the higher the inflation rate, the higher its variability, thus the lower is its predictability. The results verify the hypothesis and indicate the necessity of incorporating an explanatory variable representing the uncertainty element in the inflation forecasting equation of the high inflation countries.
Citation Formats
N. KEYDER, “FURTHER EVIDENCE ON OKUN’S HYPOTHESIS ON THE INFLATION RATE VARIABILITY,” ODTÜ Gelişme Dergisi, vol. 19, no. 1, pp. 81–90, 1992, Accessed: 00, 2024. [Online]. Available: https://hdl.handle.net/11511/110497.