Showing 1 - 10 of 6,284
The objective of this study was to shed new light on the non-linear effects of inflation and the inflation thresholds … countries in order to see if there are any differences in the empirical linkage between inflation and long-term growth. For the … full sample of African countries, the empirical evidence showed that inflation hampered growth if it exceeds 11.1 percent …
Persistent link: https://www.econbiz.de/10011956540
The objective of this study was to shed new light on the non-linear effects of inflation and the inflation thresholds … countries in order to see if there are any differences in the empirical linkage between inflation and long-term growth. For the … full sample of African countries, the empirical evidence showed that inflation hampered growth if it exceeds 11.1 percent …
Persistent link: https://www.econbiz.de/10011971470
economic literature. This study investigates both the relationship among economic freedom, inflation rate, economic growth and …, separately, economic freedom indices, inflation rate and economic growth in 23 uppermiddle income countries during 1995 … results of these tests, economic freedom has a significantly positive effect, while inflation rate has a significantly …
Persistent link: https://www.econbiz.de/10010765780
This paper aims to reassess the contribution of the Balassa-Samuelson effect to the inflation and real exchange rate … points on average of inflation differential relative to the euro area and around 1 percentage point of the total domestic … inflation. The results are robust across the model specification and estimation method. Most of the results point out that the …
Persistent link: https://www.econbiz.de/10010571379
This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …
Persistent link: https://www.econbiz.de/10011098080
formulated at the beginning, one also notes that inflation has a negative effect on the economic growth. These results emphasize …
Persistent link: https://www.econbiz.de/10011258720
depress growth. There are other arguments related to more immediate effects of debt on inflation and national solvency …
Persistent link: https://www.econbiz.de/10010333044
inflation rate much higher than that of the reference industrial countries; has accumulated a debilitating public debt; and has …
Persistent link: https://www.econbiz.de/10010878438
The aim of this paper is to estimate long run relationships and threshold effects between inflation and economic growth … Inflation rate finding a corresponding elasticity significantly negative. Moreover, the causal relationship between these two … estimated threshold model suggests 9 percent as the threshold level (i.e., structural break point) of inflation above which …
Persistent link: https://www.econbiz.de/10008691743
This paper shows that inflation crises may stimulate the accumulation of human kapital. A crucial idea is that high … inflation undermines total factor productivity, which makes working and physical capital formation less attractive. If young … agents consider high inflation to be temporary, they decide to study now and work later. During the inflation crisis the real …
Persistent link: https://www.econbiz.de/10004983123