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Inflation and economic growth: A review of the international literature

Akinsola, Foluso A.; Odhiambo, Nicholas M. - In: Comparative Economic Research. Central and Eastern Europe 20 (2017) 3, pp. 41-56

This paper surveys the existing literature on the relationship between inflation and economic growth in developed and … economic growth varies from country to country and over time. The study also finds that the results from these studies depend … overwhelming support in favour of a negative relationship between inflation and growth, especially in developed economies. However …

Persistent link: https://www.econbiz.de/10011922458

Langfristige Nichtneutralität von Geld in einem endogenen Wachstumsmodell

Zagler, Martin - In: Kredit und Kapital 32 (1999) 4, pp. 520-546

economic growth. It uses a model with rational utility-maximising representative actors and profit-maximising companies gaining … total factor productivity, the economy will record a welfareincreasing rise in the rate of economic growth for a given set …

Persistent link: https://www.econbiz.de/10014522971

Inflation and Economic Activity in Suriname

Ooft, Gavin - 2016

Maintaining a low rate of inflation and sustainable economic growth are at the core of monetary policymaking. Price … stability is considered a condition for a healthy macroeconomic environment which promotes sustainable growth and a low rate of … study reveal how the various sources of inflation impact on the economy of Suriname. Domestic price shocks and money …

Persistent link: https://www.econbiz.de/10012194832

Monetary Policy and Economic Growth in Lebanon

Awdeh, Ali - In: Journal of Central Banking Theory and Practice 8 (2019) 2, pp. 147-171

monetary tools exploited by the central bank of Lebanon depress economic growth in the long-run. Moreover, despite their …, monetary policy transmission channels through bank credit and capital play a constructive role for GDP growth. …

Persistent link: https://www.econbiz.de/10012217914

Polityka gospodarcza w warunkach globalizacji. Szanse i zagrozenia

Piatkowski, Pawel - 2015

Zakres oddzialywania panstwa na gospodarke pozostaje kwestia sporna i wciaz nie rozstrzygnieta przez teorie ekonomiczne. Spor pomiedzy pogladami liberalnymi i etatystycznymi powraca wraz z kolejnymi kryzysami: gospodarczymi i finansow publicznych. Z jednej strony pojawiaja sie argumenty...

Persistent link: https://www.econbiz.de/10012232421

Disaggregated financial flows and economic development: Evidence from pre-1913 Germany

Dragosch, André - 2019

In this paper we analyse income formation patterns throughout the German industrialisation process (1860-1913) through the analysis of different financial flows. Similar to Neuburger & Stokes (1974), we make use of flow statistics originally estimated by Eistert (1970) with regard to four...

Persistent link: https://www.econbiz.de/10012237617

Human capital, economic growth, and public expenditure

Bethencourt, Carlos; Perera-Tallo, Fernando - 2020

To understand the weak empirical relationship between human capital and macroeconomic performance, this paper presents a model in which human capital is allocated to three activities: production, tax collection (bureaucracy), and public education. The effective tax rate is low in poor countries...

Persistent link: https://www.econbiz.de/10012255048

Inflation and Endogenous Growth in Underground Economies

Cziraky, Dario; Gillman, Max - 2004

The paper examines the effect of inflation on the growth rate in economies with underground, or "non-market", sectors …. The model incorporates a non-market good into an endogenous growth cash-inadvance economy with human capital. Taxes on … dynamic structural equation model and investigate short-run effects of the underground economy on output growth and test for …

Persistent link: https://www.econbiz.de/10012311439

Growth dynamics, multiple equilibria, and local indeterminacy in an endogenous growth model of money, banking and inflation targeting

Gupta, Rangan; Makena, Philton - In: Economies 8 (2020) 1, pp. 1-14

We develop an overlapping generations monetary endogenous growth (generated by productive public expenditures) model … with inflation targeting, characterized by relocation shocks for young agents, which in turn generates a role for money … that growth dynamics emerge with a S-shaped growth path producing three equilibria. The low and high-growth equilibria are …

Persistent link: https://www.econbiz.de/10013199651

Is there economic convergence in Asia?

Canlas, Dante B. - 2020

economies to catch up with the developed ones in terms of levels and growth rates of real per capita GDP. The study uses the … lens of neoclassical growth models, both the basic models of Robert Solow and Trevor Swan, along with the models of Robert … Lucas Jr. and Paul Romer in endogenous growth theory to interpret observed growth in Asia. Data are taken from the 45 …

Persistent link: https://www.econbiz.de/10012629034