This paper investigates inflation thresholds that lead to higher growth rates using five-year averages of standard … countries: (i) the catch-up effect has worked only when inflation is below 12%; (ii) the positive effect of human capital on … growth has been present and significant when inflation has been below 15%; (iii) financial development has been effective …

the inflation rate. Using five-year averages of standard measures of financial development, inflation, and growth for 84 … countries from 1960 to 1995, a series of rolling panel regressions show that there is an inflation threshold for the finance …-growth relationship that lies between 13 and 25 percent. When inflation exceeds the threshold, finance ceases to increase economic growth …

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

This study revisits and tests empirically the Portfolio Theory of Inflation (PTI), which analyzes how the effectiveness … (Bossone, The portfolio theory of inflation and policy (in)effectiveness, 2019). The PTI shows that when an economy is heavily … and policies aimed to stimulate output growth dissipate into domestic currency depreciation and higher inflation, with …

minimizes the pitfalls associated with potential structural breaks. Exchange rate forecasting, inflation forecasting, output …

This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …

Determining the exchange rate pass-through on inflation is a necessity for central banks as well as for firms and … short and long-term impact of an exchange rate shock on inflation along the distribution chain in the presence of … have showed that the accumulated PT on inflation of import prices rises from 20% in the first month of the exchange rate …

We examine the impact of inflation on returns to bills, bonds, equity, and several international assets. The analysis … account for overlapping data.The results indicate a nonlinearity in inflation hedging for most assets: Bills and bonds hedge … low inflation well, but as expected, fail to protect against serious inflation. Equities and most international assets …

In this paper three possible reasons are examined for a sluggish inflation response to a hard currency peg. Models of … credibility and the speed of private sector learning, which are shown to have a major impact on the speed of inflation adjustment …. But even if individual agents believe the government will not devalue, it is shown that inflation inertia can still arise …