and output growth. We also find that MPC size influences the success of monetary targeting regimes. In contrast, there is …

. Quantitative goals take three forms: exchange rates, money growth rates, and inflation targets. We analyze the effects on inflation …

This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance … seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …

In most monetary models of economic growth, higher long-run inflation is associated with a decline in the growth rate …. We consider three types of endogenous growth models: 1) the AK-model, 2) the Lucas (1990) supply-side model, and 3) the … inflation results in lower growth and employment in all three models, while, in the cash-credit good economy of Dotsey and …

exchange rate stability have a better explanatory power than the de jure measures in the inflation and growth equations. For … well as a highly significant positive impact of exchange stability on real growth. When sub-dividing the period into a high … stability with higher real growth remains quite robust. Thus our findings can be interpreted to mean that membership of the CEE …