The aim of this paper is to examine how inflation volatility affects economic growth in a small open economy. To reach … growth rate is endogenously determined, in the equilibrium, as a function of parameters of the inflation process. …

inflation on income distribution and economic growth. We have found that inflation (1) worsens income distribution; (2 … middle class; and (4) reduces the rate of economic growth. …

explores implications for growth, innovation, inflation, financial markets, fiscal policy, and several socio-economic outcomes …

decomposition of real GDP of Pakistan reveals that the Pakistan’s economy has a declining growth in long-run trend since early 1980s …Gross domestic product may be considered, a combination of three processes viz., long-run trend, business cycles and … short-run shocks. The series of GDP can be decomposed in to its three components by using some statistical method. Such a …

In this paper, Turkish high and persistent inflation experience and its impact on inflation uncertainty and growth have … impacts on growth in Turkey in the analyzed period. However, inflation uncertainty has much more negative effect on growth in … comparison with inflation. In other words, while 1% increase in inflation rate decrease growth 0.56%, an 1% increase in inflation …

A “lost decade” refers to an extended period of low or negative growth triggered by an economic crisis and that could … growth in the long term, they need to be accompanied by much stronger cyclical policies, especially given the recessionary …

inflation on income distribution and economic growth. We have found that inflation (1) worsens income distribution; (2 … middle class; and (4) reduces the rate of economic growth. …

This paper describes the empirical regularities of growth and business cycles that characterize market economies …