Output growth, investment and the real interest rate in long run evidence tend to be negatively affected by inflation …. Inflation then decreases the investment rate, and still decreases both output growth and real interest up to some moderately … high rate of inflation, above which increasingly low investment finally causes capital to fall relative to labor, and the …

Output growth, investment and the real interest rate are all found empirically to be negatively affected by inflation … investment falls and a positive Tobin effect when the real interest rate rises. We define inflation's Tobin effect more … occurrence of all three negative inflation effects, on growth, investment and real interest rates, in a model calibrated to …

Output growth, investment and the real interest rate are all found empirically to be negatively affected by inflation … investment falls and a positive Tobin effect when the real interest rate rises. We define inflation's Tobin effect more … occurrence of all three negative inflation effects, on growth, investment and real interest rates, in a model calibrated to …

Output growth, investment and the real interest rate in long run evidence tend to be negatively affected by inflation …. Inflation then decreases the investment rate, and still decreases both output growth and real interest up to some moderately … high rate of inflation, above which increasingly low investment finally causes capital to fall relative to labor, and the …

Output growth, investment and the real interest rate in long run evidence tend to be negatively affected by inflation …. Inflation then decreases the investment rate, and still decreases both output growth and real interest up to some moderately … high rate of inflation, above which increasingly low investment finally causes capital to fall relative to labor, and the …

Output growth, investment and the real interest rate are all found empirically to be negatively affected by inflation … investment falls and a positive Tobin effect when the real interest rate rises. We define inflation's Tobin effect more … occurrence of all three negative inflation effects, on growth, investment and real interest rates, in a model calibrated to …

The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … effect on growth of inflation or its standard deviation, and one that appears to decline in magnitude as the inflation rate … equation model is examined by expanding this into a three equation simultaneous system of output growth, inflation and money …

The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … find a strong, robust, negative effect on growth, and one that declines in magnitude as the inflation rate increases. These … results include a role for a normalized money demand, by itself and as part of a nonlinearity in the inflation-growth effect …

monetary aggregates, inflation and the nominal interest rate. …

monetary aggregates, inflation and the nominal interest rate. …