Declining inflation rates might have negative consequences for tax revenues. Phenomena like the inflationary bracket … lay the theoretical base followed by a descriptive view on the relation between inflation, growth and tax revenues in the … reveal that an end of inflation would have a negative impact on tax revenues for a number of OECD countries. The results also …

The purpose of this paper is to study the correlation among growth and inflation at the OECD level, within the … following: 1) the negative correlation among growth and inflation is not explained by the experience of high-inflation economies …; 2) the estimated costs of inflation are still significant once country-specific effects are allowed for in the empirical …

inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …

inflation is relatively high, as was the case in the 1970s. In general, the sign of the effect of growth on unemployment is … shown to depend on the level of steady-state inflation. There is a threshold level of inflation below (above) which faster …

counterfactual predictions. Motivated by the observation that the 1970s were also characterized by high and rising inflation … the rate of inflation is high enough. There is a threshold level of inflation below which faster growth leads to higher …