seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …

Output growth, investment and the real interest rate in long run evidence tend to be negatively affected by inflation …. Theoretically, inflation acts as a human capital tax that decreases output growth and the real interest rate, but increases the …. Inflation then decreases the investment rate, and still decreases both output growth and real interest up to some moderately …

. But a seeming puzzle arises of opposite Tobin-like inflation effects because theory indicates a negative Tobin effect when …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 …

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 …

This paper surveys the existing literature on the relationship between inflation and economic growth in developed and … developing countries, highlighting the theoretical and empirical indications. The study finds that the impact of inflation on … overwhelming support in favour of a negative relationship between inflation and growth, especially in developed economies. However …

Maintaining a low rate of inflation and sustainable economic growth are at the core of monetary policymaking. Price … inflation is necessary to maintain stability in the financial sector as well as to boost investment activities. Motivated by the … largely-discussed relationship between inflation and output, this paper examines this relationship for the economy of Suriname …