Seleteng, Monaheng; Bittencourt, Manoel; Eyden, Renee van - Department of Economics, Faculty of Economic and … - 2011
understand the relationship between inflation and economic growth in order to make sound policies. If inflation is detrimental to … economic growth, then policy makers should aim for low rate of inflation. This leads to a question; how low should the … inflation rate be? Previous research in the non-linearities of the inflation-growth relationship has found that a positive …