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This document summarizes a study that explores the relationship between inflation and inflation uncertainty in five ASEAN countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) from 1970 to 2007. The study finds: 1) Granger causality tests show that rising inflation increases inflation uncertainty and rising inflation uncertainty increases inflation in all five countries. 2) Even countries with relatively low inflation rates experienced inflation leading to higher inflation uncertainty

Author

xu meng

Language

EN