000	02083nam##2200313za#4500
001	9.613323
003	CaOODSP
005	20211126112846
007	ta
008	150406|1996||||xxc|||||     f|0| 0 eng|d
022	|a1192-5434
040	|aCaOODSP|beng
043	|an-cn---
086	1 |aFB3-2/96-9E
110	2 |aBank of Canada.
245	10|aDoes inflation uncertainty vary with the level of inflation? / |cby Allan Crawford and Marcel Kasumovich.
260	|aOttawa - Ontario : |bBank of Canada |c1996.
300	|a48p. : |bfigs., references, tables ; |c28 cm.
490	1 |aWorking paper|x1192-5434|v96-9
500	|a"The purpose of this study is to test the hypothesis that inflation uncertainty increases at higher levels of inflation. Our analysis is based on the generalized autoregressive conditional heteroscedasticity (GARCH) class of models, which allow the conditional variance of the error term to be time-varying. Since this variance is a proxy for inflation uncertainty, a positive relationship between the conditional variance and inflation would be interpreted as evidence that inflation uncertainty increases with the level of inflation."--Abstract.
520	3 |aThe purpose of this study is to test the hypothesis that inflation uncertainty increases at higher levels of inflation. Our analysis is based on the generalized autoregressive conditional heteroscedasticity (GARCH) class of models, which allow the conditional variance of the error term to be time-varying. Since this variance is a proxy for inflation uncertainty, a positive relationship between the conditional variance and inflation would be interpreted as evidence that inflation uncertainty increases with the level of inflation.--Abstract
546	|aRésumés en français
563	|aSoftcover
590	|a96-36|b1996-09-06
690	07|aInflation|2gcpds
720	1 |aCrawford, Allan
720	1 |aKasumovich, Marcel
776	0#|tDoes inflation uncertainty vary with the level of inflation? / |w(CaOODSP)9.571656
830	#0|aWorking paper,|x1192-5434|v96-9|w(CaOODSP)9.514622