cointegrated with the growth rate of real GDP. There is an absence of any contemporaneous homogeneity between growth rate of money … current inflation and growth rate of money 18 months earlier. The error correction regression reveals that both M1 and M2 … permanent income and inflation rates predicated on the assumption that the velocity turn over of money is stable over time. Both …

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 …: (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 study the relationship between growth and variability in a DSGE model with nominal rigidities and growth driven by … general findings are that monetary shocks volatility will generally have a negative effect on growth, while the opposite tends …: data show, in fact, a somewhat ambiguous relationship between output growth and real variability, but a generally negative …

increases. These results include a role for a normalized money demand, by itself and as part of a nonlinearity in the inflation-growth …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 of inflation on growth, and one that declines in magnitude as the inflation rate …

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. …

by low inflation, robust growth and low level of bureaucratic corruption due to better governance. In contrast, the … corruption, high inflation due partly to reliance on seigniorage to finance public spending, and lackluster growth. Using annual …

This paper uses the general equilibrium monetary endogenous growth model of Dotsey and Ireland (1996), in which …