We introduce endogenous growth in a standard NK model with staggered prices and wages. We find that the source of … growth. …

In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge …-run endogeneity. Generally, we show that in a Kaleckian monetary distribution and growth model, which takes the major features of a …

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. …

Output growth, investment and the real interest rate are all found empirically to be negatively affected by inflation … occurrence of all three negative inflation effects, on growth, investment and real interest rates, in a model calibrated to … postwar US data. Here, investment along with consumption are exchanged for within a monetary endogenous growth economy with …

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 … find a strong, robust, negative effect on growth, and one that declines in magnitude as the inflation rate increases. These …

increases, as seen for OECD countries. And the results include a role for a normalized money demand in affecting growth, as well … equation model is examined by expanding this into a three equation simultaneous system of output growth, inflation and money …The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 …

growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted. …

We consider a Diamond-type model of endogenous growth in which there are three assets: outside money, government bonds … foresight dynamics and under adaptive expectations. Tight monetary policy is harmful for growth in the stable steady state … increases the bond return, reduces the equity premium and thereby capital investment and growth. -- monetary policy ; endogenous …

The long-run relation between growth and inflation has not yet been studied in the context of nominal price and wage … integrate staggered price- and wage-setting into an endogenous growth framework. In this setting, growth and inflation are … 5 percent, the range over which the economy's steady-state growth rate varies spans 50 basis points, implying up to a 15 …