inflation and inflation volatility. Using annual data from 1970 to 2011 for a large panel of 180 developed and developing … empirical findings show that the effect of inflation volatility is positive, while the effect of trend inflation is negative …. The implication is that reduced inflation volatility (holding trend inflation constant) helps stabilize the business cycle …

complemented by better exchange rate management (resulting in lower exchange rate and inflation volatility) and more fiscal … conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper … reduction in growth volatility, of more than 50%, in the agricultural sector, and a gradual stabilization in services. On the …

modulate the incidence of terrorism on financial development in Africa. Two terrorism indicators are adopted for this study …This study empirically verifies the effect of terrorism on financial development and how globalisation and governance …, namely, the: number of terrorism incidences and number of terrorism deaths. The methodology involves the pooled data …

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 …

We perform an empirical investigation of the macroeconomic consequences of international terrorism and interactions … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have … that associated with either external wars or internal conflict. As well, terrorism is associated with a redirection of …