Replication of Grier, Henry, Olekalns and Shields (2004): the Asymmetric Effects of Uncertainty on Inflation and Output Growth
复制了Grier等人关于增长和通胀不确定性对平均增长率影响的研究，并用新数据验证，结果基本一致。
Summary In their influential work Grier et al .(The asymmetric effects of uncertainty on inflation and output growth. Journal of Applied Econometrics 2004; 19 : 551–565) examine the effects of growth and inflation uncertainties on their average rates. The current study replicates their main results and performs a similar analysis on a more recent dataset. Their findings are confirmed to a large extent. Copyright © 2015 John Wiley & Sons, Ltd.