Nonparametric and semiparametric evidence on the long-run effects of inflation on growth

In this paper we adopt both a nonparametric and a semi- parametric IV estimator to show that the relationship between inflation and output growth is non-linear and that there exists a threshold level below which ination has no e¤ects on growth.

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Year of publication:	2006-07
Authors:	Vaona, Andrea ; Schiavo, Stefano
Institutions:	Department of Economics, Sciences économiques
Subject:	inflation \| Growth

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Extent:	application/pdf
Series:	Sciences Po Economics Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Kiel Working Paper Number No. 1286
Classification:	E31 - Price Level; Inflation; Deflation ; O49 - Economic Growth and Aggregate Productivity. Other ; C14 - Semiparametric and Nonparametric Methods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010756538