shocks, demand shocks, external shocks and demographic changes, the issue of inflation (INF) has also been found to be … determinants such as output growth rate, interest rate, trade-openness (TO) and oil price inflation (OPI). Design …/methodology/approach - To examine the dynamic nature of association between fiscal deficit and inflation, the study applies the Toda …

The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … find a strong, robust, negative effect on growth, and one that declines in magnitude as the inflation rate increases. These … results include a role for a normalized money demand, by itself and as part of a nonlinearity in the inflation-growth effect …

The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … effect on growth of inflation or its standard deviation, and one that appears to decline in magnitude as the inflation rate … equation model is examined by expanding this into a three equation simultaneous system of output growth, inflation and money …