Showing 1 - 10 of 13
In this paper we investigate the role of inflation rates in determining economic growth in fifteen sub-Saharan African … in all, we highlight not only the fact that inflation has offset the prospective Mundell-Tobin effect and consequently …
Persistent link: https://www.econbiz.de/10010734909
In this paper we investigate the role of inflation rates in determining economic growth in fifteen sub-Saharan African … in all, we highlight not only the fact that inflation has o¤set the prospective Mundell-Tobin effect and consequently …
Persistent link: https://www.econbiz.de/10010734912
development and a higher (lower) level of inflation leads to a bigger (smaller) shadow economy. These findings are empirically …
Persistent link: https://www.econbiz.de/10010744378
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 rates 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 …
Persistent link: https://www.econbiz.de/10011048692
We examine the impact of inflation on financial development in Brazil, and the data available permit us to cover the … analyses—suggest that inflation presented deleterious effects on financial development during the period investigated here. The … variable that is important for affecting, (e.g., economic growth and income inequality). Therefore, low and stable inflation …
Persistent link: https://www.econbiz.de/10011048926
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 …
Persistent link: https://www.econbiz.de/10010580993
In this paper we investigate the role of macroeconomic performance, mainly in terms of rates of inflation, in … empirical results, based on panel time-series data and analysis, confirm the anecdotal evidence which suggests that inflation … has had a detrimental effect to growth in the region. All in all, we highlight the fact that excessive inflation has …
Persistent link: https://www.econbiz.de/10010577080
of the system to one comprising inflation and relative prices. This is then estimated in I(1) space. An impulse response … on domestic inflation is moderated. This explains why the depreciation of sterling in 1992 left inflation unchanged. In … contrast, high real import prices in 1974 increased inflation because wage accommodation effects were absent. …
Persistent link: https://www.econbiz.de/10010604928
Standard open economy models predict that openness to trade should exert a positive effect on the slope of the output-inflation …
Persistent link: https://www.econbiz.de/10010605006
inflation dynamics in open economies, but previous studies have not made a distinction between fixed and floating exchange rate … driving output and inflation (the underlying theory requires that monetary shocks dominate). We calculate new measures of the …
Persistent link: https://www.econbiz.de/10010605043