Output growth, investment and the real interest rate in long run evidence tend to be negatively affected by inflation …. Theoretically, inflation acts as a human capital tax that decreases output growth and the real interest rate, but increases the …. Inflation then decreases the investment rate, and still decreases both output growth and real interest up to some moderately …

The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … effect on growth of inflation or its standard deviation, and one that appears to decline in magnitude as the inflation rate … increases, as seen for OECD countries. And the results include a role for a normalized money demand in affecting growth, as well …

A cash-in-advance, endogenous growth, economy defines financial development within a banking sector production function … expressed in terms of an interest differential. The interest differential result allows for calibration of the finance … production function using industry data. A hypothesis of how financial development interacts with inflation and growth is tested …

financial development, investment and inflation, and one on inflations effect on other economy-wide variables such as growth …

explore the relationship between asset growth, investment, and cash flow and find that firms use all available internal funds … to channel towards asset growth even during the financial crisis. We conclude that firms in Asia were resilient to the …

Output growth, investment and the real interest rate are all found empirically to be negatively affected by inflation … occurrence of all three negative inflation effects, on growth, investment and real interest rates, in a model calibrated to … postwar US data. Here, investment along with consumption are exchanged for within a monetary endogenous growth economy with …

The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …

and a potentially critical contributor to growth and development. This paper represents one of the first attempts to … on the determinants of FDI inflows, incorporating insights drawn from recent research on the determinants of growth in …

The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …

In this paper, we show that the regional finance-growth nexus in Italy is robust to a series of innovations with … a thorough investigation of the nonlinearities in the relation between finance and growth. Our results show that, while … local financial development is a key factor for economic growth, in regions with inefficient courts more credit might …