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 …

Output growth, investment and the real interest rate in long run evidence tend to be negatively affected by inflation …. Theoretically, inflation acts as a human capital tax that decreases output growth and the real interest rate, but increases the …. Inflation then decreases the investment rate, and still decreases both output growth and real interest up to some moderately …

not only finance but also advise start-up entrepreneurs and thereby add value to new firms. The paper demonstrates how a … productive and active VC industry boosts innovation driven growth. …

imperfect credit markets and high economic growth rates. In this paper, we analyze the role of parental altruism on economic … growth and dynamic efficiency, especially when credit markets for education loans are missing. We demonstrate conditions … under which missing or imperfect credit markets increase economic growth and do not hinder dynamic efficiency. We also show …

endogeneity problem in the aid-growth relationship. Evidence from a panel VAR model estimated on the dataset of NDHKM, suggests a …