In this paper, we analyze the relationship between corruption and inflation for a sample of 100 developing and developed countries representing five regions (the Americas, Europe, the Middle East and North Africa, Sub-Saharan Africa and Asia Pacific) over the period of 2000 to 2012. We perform...

The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in three countries, the People's Republic of China (an emerging economy), Japan, and the United...

This study challenges the traditional way of examining the "inflation-output growth nexus". Research at the aggregate level yields mostly ambiguous results, we perform a dis-aggregated analysis of output growth and inflation. For each sector - industry, services and agriculture - we consider...

The effect of public investment on economic growth is a crucial public policy issue. Empirical research into this question was stimulated by Aschauer (1989), who suggested that public capital has a powerful impact on the productivity of private capital.Aschauer's results were controversial and...

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 economic growth varies from country to country and...