The DOI matches its Crossref record; 47 of the 47 references it cites were found in a registry or an index.
The relationship between inflation and inflation uncertainty in the UK: 1885–1998
Open accessAbstract
Using a long series of UK inflation data, I have provided strong evidence in favour of the hypothesis that inflationary periods are associated with high inflation uncertainty. This result supports the Friedman-Ball hypothesis and has important implications for the inflation-output relationship provided that more inflation uncertainty leads to lower output.
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“Fountas (2001) extended this analysis to find that the relationship was bi-directional in some economies.”
From Fiscal Policy, Inflation Volatility, and Macroeconomic Instability in Nigeria: A GARCH-Family Modelling Approach with Asymmetric Effects and Structural Break Analysis (2026) · cites this paper as Fountas (2001)
In the citing paper
“This 'Friedman-Ball hypothesis' has received substantial empirical support in the developing world (Fountas, 2001; Baillie et al., 1996).”
From Fiscal Policy, Inflation Volatility, and Macroeconomic Instability in Nigeria: A GARCH-Family Modelling Approach with Asymmetric Effects and Structural Break Analysis (2026) · cites this paper as Fountas, 2001
Citations
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Cited by
Inflation, output growth, and nominal and real uncertainty: Empirical evidence for the G7
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Self-citationInflation Uncertainty, Output Growth Uncertainty and Macroeconomic Performance
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Self-citationRe-examining inflation and inflation uncertainty in developed and emerging countries
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Inflation and inflation uncertainty: evidence from the Caribbean region
Payne, J. E. (2008) · Journal of Economic Studies · doi:10.1108/01443580810916523 · Cited by 113
On the inflation-uncertainty hypothesis in the USA, Japan and the UK: a dual long memory approach
Conrad, C. A., & Karanasos, M. G. (2004) · Japan and the World Economy · doi:10.1016/j.japwor.2004.03.002 · Cited by 103
Metadata
- Authors
- Fountas, S.
- Affiliations
- Ollscoil na Gaillimhe – University of Galway (IE)
- Corresponding author
- Fountas, Stilianos
- ORCID
- Fountas, Stilianos
- Venue
- Economics Letters
- Publisher
- Elsevier BV
- Published
- 2001-12
- Volume
- 74
- Issue
- 1
- Pages
- 77-83
- ISSN
- 0165-1765 (ISSN-L)
- OpenAlex
- W2154644682
- Cited by
- 108
- References
- 47
- Citations by year
- 2026: 1 · 2025: 2 · 2024: 4 · 2023: 5 · 2022: 2 · 2021: 2 · 2020: 4 · 2019: 3 · 2018: 3 · 2017: 5 · 2016: 7 · 2015: 6 · 2014: 5 · 2013: 5 · 2012: 6
- FWCI
- 1.50
- Type
- journal article
- Language
- en
- Open access
- green
- doi.org
- Licence
- cc-by
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- Locations
- Economics Letters (publishedVersion)
- University of Galway Research Repository (acceptedVersion, cc-by)
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Market Dynamics and Volatility
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic theories and models
- Keywords
- inflation, inflation uncertainty, Friedman-Ball hypothesis, inflation-output relationship
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