show that ULC is wage divided by labor productivity. Thus, changes in ULC are often discussed in the context of wage … increases and labor productivity. However, a higher wage induces firms to substitute labor with capital, which affects labor … productivity. However, the conventional decomposition of changes in ULC dismisses this indirect impact of wage on ULC through labor …

towards the regression line but there is no shorter-term trade-off between fast real convergence and low inflation. Contrary … to popular perception high inflation is not necessary for fast convergence. Moreover the trajectories of certain euro …. However retaining one's national currency is not risk-free, even if domestic inflation is low, and even though subsequent …

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 …

Inflation and inflation uncertainty are critical factors influencing the functioning of markets and thus the efficient … flow of economic activities. In this study, we investigated the effects of inflation and inflation uncertainty on growth in … Ghana. Unlike the majority of the previous studies, we distinguished the short-run effects of inflation and inflation …

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 …

Veränderung der Standardabweichung bei Inflation und Wirtschaftswachstum um den Euro-Mittelwert zu kurz greift, da diese …

inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …