: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …

We introduce endogenous growth in a standard NK model with staggered prices and wages. We find that the source of … nominal rigidities, the shock persistence and the type of Taylor rule affect the relationship between monetary volatility and … growth. …

: (i) monetary volatility negatively affects long-run growth; (ii)the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …

: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …

ambiguity on the relationship between secular growth and cyclical volatility …This paper presents a stochastic monetary growth model with nominal rigidities and active monetary policy in which …

growth and shocks volatility in a model with procyclical R&D and imperfect competition in goods and labour markets. We show …We study the implications of having different sources of nominal rigidities on the relationship between productivity … that the effects of uncertainty on long-term growth not only depends on the source of fluctuations, as recent literature …

growth and shocks volatility in a model with pro-cyclical R&D and imperfect competition in goods and labour markets. We show …We study the implications of having different sources of nominal rigidities on the relationship between productivity … that the effects of uncertainty on long-term growth not only depend on the source of fluctuations, as recent literature …

In a monetary growth model, I show that average inflation inhibits growth while inflation volatility enhances it. The … effect of nominal volatility on human capital accumulation depends on the response of money demand and the corresponding …

negative or positive relationship between short run volatility and long run growth depending on the source of shocks and the … to stabilise short run volatility may either increase or decrease growth depending on the source of shocks. …The paper aims to analyse the question of how cyclical fluctuations might affect long run growth. The analysis is based …

Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy … reconsideration of the role growth-promoting policies play in shaping the vulnerability and resilience of an economy to macroeconomic … growth – contained in Going for Growth and the Economic Outlook – and attempts to establish whether they underpin …