controls were essentially ineffective in reducing inflation. …

Our aim in this paper is to test the robustness of the relation between total factor productivity growth and inflation … period 1964-1980. The results confirm that the acceleration of inflation from 1964-1972 to 1973-1980 reduced total factor … effect of inflation is separated from the effects of technical change and economies of scale, the choice of functional form …

The empirical evidence suggests that there is a significant, negative relationship between inflation and economic …. Therefore the technology of the financial sector influences the velocity of money, and consequently, how inflation affects … generates an inflation-growth effect whose magnitude falls in the range found by the empirical studies. Moreover, in contrast to …

. The business services industry has an important role in the national innovation system and in knowledge spillovers to … other industries. The innovation contribution of business services to the rest of the economy may countervail the effect of …

new technologies, the performance of enterprises, the development of market structures and entire economies. The theory is … 2002. In addition, the adoption of new e-business technologies by firms creates opportunities to conduct innovation, either …

equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …

based on the Fiscal Theory of the Price Level (FTPL). The re sults show that a credibly fixed exchange rate is inconsistent …