Inflation Anchoring and Growth: Evidence from Sectoral Data

Inflation Anchoring and Growth: Evidence from Sectoral Data
Central bankers often assert that low inflation and anchoring of inflation expectations are good for economic growth (Bernanke 2007, Plosser 2007). We test this claim using panel data on sectoral growth for 22 manufacturing industries for 36 advanced and emerging market economies over the period 1990-2014. Inflation anchoring in each country is... READ MORE...

Publication date: March 2018
ISBN 9781484344200
$18.00

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