The negative growth-inflation association in the existing literature is usually interpreted as a long-run relationship. But the existing literature on inflation and growth has a puzzling anomaly: there is little evidence of a relationship with low-frequency (30-year) data, but inflation and...

The Burnside and Dollar (2000) finding that aid raises growth in a good policy environment has had an important influence on policy and academic debates. We conduct a data gathering exercise that updates their data from 1970-93 to 1970-97, as well as filling in missing data for the original...

The Burnside and Dollar (2000) finding that aid raises growth in a good policy environment has had an important influence on policy and academic debates. We conduct a data gathering exercise that updates their data from 1970-93 to 1970-97, as well as filling in missing data for the original...