Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2004) and cluster procedures (Hobijn and Franses …

This study investigates the links existing between inflationary trend, agricultural productivity and economic growth in … from inflationary trend to agricultural productivity, unidirectional causality from agricultural productivity to economic … Central Bank of Nigeria should pay more attention to the trend of inflation and pursue policies that will ensure single digit …

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 …

The Norwegian productivity puzzle is rooted in three seemingly contradictory "facts": First, Norway is one of the most … productive OECD countries. Second, Norway has experienced high growth in productivity. Third, Norway has a relatively low level … demonstrate that labour productivity in Norway is not particularly high when using production purchasing power parities instead of …

This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the ECOWAS (WAEMU … generally focused on exogenous approaches of determining optimal inflation which impose a sharp and most often linear behaviour … on the threshold level of inflation. This paper contributes to the policy debate on the inflation-growth nexus by …

imbalances for the period 2001-2022. The variables of interest in this study include inflation rate, real Gross Domestic Product …, innovation in interest rate was found to induce a negative and significant response in inflation with a lag, while fiscal balance … 4.2 percent reduction in inflation in the eighth year, but an increase of 1.4 percent in fiscal balance, 0.2 percent in …

This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the WAMZ over the … economies generally focused on exogenous approaches of determining optimal inflation which impose a sharp and most often linear … behaviour on the threshold level of inflation. This paper contributes to the policy debate on the inflationgrowth nexus by …

While previous studies have explored the relationship between inflation and economic growth, the existing literature on … threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear … the variation in inflation rates across countries and over time to identify endogenously the threshold inflation level …

Alors que des études antérieures ont exploré la relation entre l'inflation et la croissance économique, la littérature … existante sur l'effet de seuil de l'inflation sur la croissance économique dans la Zone Monétaire de l'Afrique de l'Ouest (ZMAO … vide dans la littérature empirique en exploitant la variation des taux d'inflation entre les pays et au fil du temps pour …

reveal some evidence of convergence in exchange rates, especially for Guinea and Liberia. For inflation, there is no evidence …