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The focus of this paper was to empirically estimate the threshold levels of inflation in the WAMZ, using the … that there exists a statistically significant long-run negative relationship between inflation and economic growth for the … WAMZ countries. Furthermore, the empirical results strongly suggest the existence of threshold level of inflation for the …
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In this study, annual time series data is utilized to estimate the effects of unemployment, wages and inflation on the …-run relationship, which reaches equilibrium in the long run. However, the effect of inflation and unemployment on trade enlargement is …
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