a consequence, to forecast inflation. The study is a continuation of previous simulation experiments performed on a …

Using over 100 years of U.S. data, we find that the long-run effects of inflation on consumption, investment, and … output are positive. Thus, models generating long-term negative effects of inflation on output and consumption (including … endogenous growth and RBC models with money) seem to be at odds with data from the moderate inflation rate environment we …

Using a new approach, we reexamine the empirical evidence on the long-term interactions between inflation and real … variables. We find, using over 100 years of U.S. data, that in the long run the effect of inflation on investment and output is … positive (a "Tobin type effect") and the investment rate, and hence the real interest rate, are not independent of inflation …

: unemployment, inflation, and GDP in Ethiopia using the cross-wavelet transform (XWT) analysis, the multivariate Student … a relationship between unemployment, inflation, and GDP, though the relationship varies over time and frequency. The …, female, and youth) and inflation is highly significant, indicating that the correlation is dynamic. A dynamic relationship …