Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former … Soviet Union are now typically in the range of 10-60 percent. This essay examines whether a further reduction in inflation …

Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former … Soviet Union are now typically in the range of 10-60 percent. This essay examines whether a further reduction in inflation …

This paper investigates the nonlinear impact of inflation on growth using a balanced panel data set of Southern African … observed that economic growth is impacted differently at low and high inflation levels. At a low level of inflation, the study … found a positive and significant impact of inflation on economic growth. Economic growth is inflation-inducing below the …

The present study examines the inter-relationship between economic growth, savings rate and inflation for south … between savings rate and growth has been found to be bi-directional and positive. Inflation has a highly significant negative … effect on growth but positive effect on savings rate. Inflation is not affected by growth but is largely determined by its …

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. …

optimal inflation rate that maximizes the steady-state capital stock is a function of the nominal interest rate and the income … income tax rate to be 20%, then the optimal inflation rate for the model economy is about 3.39%. The model can be used to … demonstrate how open market intervention could hinder economic growth when the targeted inflation rate is not equal to the optimal …