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Inflation and Economic Growth: A Cross-Country Non-linear Analysis
Pollin, Robert; Zhu, Andong - 2005
This paper presents new non-linear regression estimates of the relationship between inflation and economic growth for … inflation is associated with moderate gains in GDP growth up to a roughly 15 – 18 percent inflation threshold. However, the … at all with either the inflation coefficient or our estimated turning point. With the middle income countries, we return …
Persistent link: https://www.econbiz.de/10009467896
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Guatemala; Selected Issues and Analytical Notes
International Monetary Fund (IMF); International … - 2013
This Selected Issues paper estimates both Guatemala’s potential output and output gap using a wide range of econometric techniques. The analysis suggests that Guatemala’s potential output growth is about 3.5 percent for the whole sample period and that the output gap is almost...
Persistent link: https://www.econbiz.de/10011243930
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Bayesian Vars; A Survey of the Recent Literature with An Application to the European Monetary System
Ciccarelli, Matteo; Rebucci, Alessandro - International Monetary Fund (IMF) - 2003
This paper reviews recent advances in the specification and estimation of Bayesian Vector Autoregressive models (BVARs). After describing the Bayesian principle of estimation, we first present the methodology originally developed by Litterman (1986) and Doan et al. (1984) and review alternative...
Persistent link: https://www.econbiz.de/10005825693
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The Polish Alternative. Old Myths, Hard Facts and New Strategies in the Successful Transformation of the Polish Economy.
Kolodko, G-W; Nuti, D-M - World Institute for Development Economic Research … - 1997
inflation and unemployment, fiscal balance, zloty real revaluation, capacity restructuring, private sector growth and …
Persistent link: https://www.econbiz.de/10005475020
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Much Ado About Nothing? Estimating the Impact of a U.S. Slowdownon Thai Growth
Aiyar, Shekhar; Tchakarov, Ivan - International Monetary Fund (IMF) - 2008
External demand was the main driver of growth in Thailand in 2006 and 2007. However, WEO projections indicate moderating foreign demand in 2008, with U.S. growth being revised downwards to reflect the turmoil in housing and credit markets, and high oil prices. While the share of Thai exports to...
Persistent link: https://www.econbiz.de/10005248323
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China's Growth and Integration into the World Economy; Prospects and Challenges
Prasad, Eswar - International Monetary Fund (IMF) - 2004
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
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Republic of Estonia; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Republic o...
International Monetary Fund (IMF); International … - 2005
convergence; meeting all of the Maastricht criteria, save for inflation. Estonia’s banking system remains financially sound …
Persistent link: https://www.econbiz.de/10005252951
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The Relationship Between Inflation and Economic Growth: A Multi-Country Empirical Analysis.
Paul, S.; Kearney, C.; Chowdhury, K. - School of Business, University of Western Sydney - 1993
Persistent link: https://www.econbiz.de/10005207616
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U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Mühleisen, Martin; Towe, Christopher M. - International Monetary Fund (IMF) - 2004
This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting...
Persistent link: https://www.econbiz.de/10005824863
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Iceland; 2005 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Icel...
International Monetary Fund (IMF); International … - 2005
exhibiting signs of overheating, with imbalances evident in inflation, the current account, and external debt. GDP grew at an …
Persistent link: https://www.econbiz.de/10005825269