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variables become necessary to measure the long-run relationship. Using an ARDL model with GDP as response variable, inflation … values of GDP at t-2, t-4, inflation rate at t-2, and debt service. The multiple linear regression explains 24.5% of the … to 2021 has been impeded by escalating rates of debt service and inflation rate. It is recommended that the government …
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monetary policy has created intricate interactions between inflation and growth in the short and long term, maintaining …
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potentially nonlinear effects of inflation on economic growth. We find that inflation is associated with significantly lower … effects of inflation on economic growth. We also document significant variation in the effect of inflation on growth across …
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