IMF Staff Papers, Volume 48, No. 1

IMF Staff Papers, Volume 48, No. 1
This paper re-examines the issue of the existence of threshold effects in the relationship between inflation and growth, using new econometric techniques that provide appropriate procedures for estimation and inference. The threshold level of inflation above which inflation significantly slows growth is estimated at 1-3 percent for industrial... READ MORE...

Publication date: November 2001
ISBN 9781451974614
$19.00

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