formulated at the beginning, one also notes that inflation has a negative effect on the economic growth. These results emphasize …

Is the SARB’s inflation target of 3-6% compatible with the 6% economic growth objective set by ASGISA? Estimations of … inflation-growth bivariate Threshold Vector Autoregressive with corresponding bivariate Threshold Vector Error Correction (BTVEC …-BTVAR) econometric models for sub-periods coupled with the South African inflation-growth experience between 1960 and 2010; suggest on …

A conventional reading of economic history implies that free market reforms rescued the world’s economies from …

The study examines possibility of threshold effect of inflation on economic growth over the period of 2000 …-2009. Estimated threshold model indicates that there is a non-linear relationship between economic growth and inflation in the … Azerbaijani economy and threshold level of inflation for GDP growth is 13 percent. Below threshold level inflation has …

In this note, we develop a search-based monetary growth model to analyze the growth and welfare effects of inflation … inflation to those from a standard cash-in-advance (CIA) growth model. We �find two important differences between the two … approaches. First, while the growth effect of inflation operates solely through endogenous labor supply in the CIA model, the …

and inflation, foreign exchange reserves and real exchange rate, as well as policies of maintaining low domestic fuel and …