Plakandaras, VasiliosGupta, RanganGogas, PeriklisPapadimitriou, Theophilos2017-11-202018Vasilios Plakandaras, Rangan Gupta, Periklis Gogas & Theophilos Papadimitriou (2018) Macroeconomic uncertainty, growth and inflation in the Eurozone: a causal approach, Applied Economics Letters, 25:14, 1029-1033, DOI: 10.1080/13504851.2017.1391996.1350-4851 (print)1466-4291 (online)10.1080/13504851.2017.1391996http://hdl.handle.net/2263/63209In this article, we evaluate the causal relationship between macroeconomic uncertainty indices, inflation and growth rate for 17 Eurozone countries on a county-level examination. In performing a series of linear and nonlinear causality tests, we find little evidence of a causal relationship between uncertainty and macroeconomic variables. Thus, macroeconomic analysis based on uncertainty indices should be treated with caution.en© 2017 Informa UK Limited, trading as Taylor & Francis Group. This is an electronic version of an article published in Applied Economics Letters, vol. 25, no. 14, pp. 1029-1033, 2018. doi : 10.1080/13504851.2017.1391996. Applied Economics Letters is available online at : http://www.tandfonline.com/loi/rael20.Output growthInflationUncertaintyCausalityPostprint Article