Exploring the relationship between geopolitical risk, economic policy uncertainty and inflation expectation in the United States
Authors
DOI: https://doi.org/10.57110/vnu-jeb.v5i6.309Keywords:
Geopolitical risk, economic policy uncertainty, inflation expectation, ARDL, United StatesReferences
Adeosun, O. A., Tabash, M. I., & Anagreh, S. (2023). Revisiting the oil prices–domestic food inflation nexus in Nigeria: The role of global geopolitical risk. African Journal of Economic and Management Studies, 14(4), 694-725. https://doi.org/10.1108/AJEMS-09-2022-0399
Ascari, G., & Fosso, L. (2024). The international dimension of trend inflation. Journal of International Economics, 103896. https://doi.org/10.1016/j.jinteco.2024.103896
Aitken, C., & Ersoy, E. (2023). War in Ukraine: The options for Europe's energy supply. The World Economy, 46(4), 887-896. https://doi.org/10.1111/twec.13354
Baker, S. R., Bloom, N., & Davis, S. J. (2016). Measuring economic policy uncertainty. The Quarterly Journal of Economics, 131(4), 1593–1636. https://doi.org/10.1093/qje/qjw024
Bergant, K., & Forbes, K. (2023). Policy packages and policy space: Lessons from COVID-19. European Economic Review, 158, 104499. https://doi.org/10.1016/j.euroecorev.2023.104499
Bouri, E., Gabauer, D., Gupta, R., & Kinateder, H. (2023). Global geopolitical risk and inflation spillovers across European and North American economies. Research in International Business and Finance, 66, 102048. https://doi.org/10.1016/j.ribaf.2023.102048
Caldara, D., Conlisk, S., Iacoviello, M., & Penn, M. (2022). The effect of the war in Ukraine on global activity and inflation. FEDS Notes. Board of Governors of the Federal Reserve System. https://doi.org/10.17016/2380-7172.3141
Chen, L., Du, Z., & Hu, Z. (2020). Impact of economic policy uncertainty on exchange rate volatility of China. Finance Research Letters, 32, 101266. https://doi.org/10.1016/j.frl.2019.08.014
Chen, P. F., Lee, C. C., & Zeng, J. H. (2019). Economic policy uncertainty and firm investment: Evidence from the US market. Applied Economics, 51(31), 3423-3435. https://doi.org/10.1080/00036846.2019.1581909
Deluna Jr, R. S., Loanzon, J. I. V., & Tatlonghari, V. M. (2021). A nonlinear ARDL model of inflation dynamics in the Philippine economy. Journal of Asian Economics, 76, 101372. https://doi.org/10.1016/j.asieco.2021.101372
Ferrara, L., Metelli, L., Natoli, F., & Siena, D. (2021). Questioning the puzzle: fiscal policy, real exchange rate and inflation. Journal of International Economics, 133, 103524. https://doi.org/10.1016/j.jinteco.2021.103524
Gulen, H., & Ion, M. (2016). Policy uncertainty and corporate investment. The Review of Financial Studies, 29(3), 523-564. https://doi.org/10.1093/rfs/hhv050
Ha, J., Kose, M. A., Ohnsorge, F., & Yilmazkuday, H. (2023). Understanding the global drivers of inflation: How important are oil prices? Energy Economics, 127, 107096. https://doi.org/10.1016/j.eneco.2023.107096
Kahneman, D., & Tversky, A. (1979). Prospect Theory: An Analysis of Decision under Risk. Econometrica, 47(2), 263–291. https://doi.org/10.2307/1914185
Muth, J. F. (1961). Rational Expectations and the Theory of Price Movements. Econometrica, 29(3), 315–335. https://doi.org/10.2307/1909635
Nerlove, M. (1958). Adaptive Expectations and Cobweb Phenomena. The Quarterly Journal of Economics, 72(2), 227–240. https://doi.org/10.2307/1880597
Nguyen, Q. L. (2024). The relationship between inflation and economic growth: Empirical evidence from Vietnam in 1996-2023. VNU University of Economics and Business, 4(4), 86-86. https://doi.org/10.57110/vnu-jeb.v4i4.271
Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289-326. https://doi.org/10.1002/jae.616
Sun, Y., Jin, K., Wang, D., Wu, Q., & Li, Z. (2023). Revisiting the natural resources-financial development nexus in China: The importance of economic policy uncertainty. Resources Policy, 86, 104182. https://doi.org/10.1016/j.resourpol.2023.104182
Downloads
Published
Abstract View
PDF Downloaded
How to Cite
Issue
Section
License
Copyright (c) 2025 Le Hong Thai, Pham Thuy Linh, Le Nguyen Dieu Linh, Ngo Khanh Ngan, Vu Thu Thuy, Sergio Morales Heredia

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
by VNU Journal of Economics and Business


