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suggested a growth-dampening effect of excessive inflation for Africa. …The objective of this study was to shed new light on the non-linear effects of inflation and the inflation thresholds … for long-term growth in Africa. Using a dynamic panel threshold model, the study covered a large panel-data set of 41 …
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inflation in order to stabilize the expectations of households, firms and innovators. Endogenous growth provides a self … debt-stabilizing inflation when current fiscal deficits are not backed by future fiscal surpluses. Because growth creates … unique stable equilibrium, provided that the policy permits r−g to fall with inflation. …
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The study analyses the nature of the nexus between budget deficit and economic growth given inflation trends. It … method of moments (GMM) for the empirical evidence. The following results are established: (i) the level of inflation above … reduction of inflation to below 1.8%. Otherwise, any measures put in place by the monetary authorities to stabilize prices would …
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