Inflation, Disinflation, and Growth

Inflation, Disinflation, and Growth
Although few would doubt that very high inflation is bad for growth, there is much less agreement about moderate inflation's effects. Using panel regressions and a nonlinear specification, this paper finds a statistically and economically significant negative relationship between inflation and growth. This relationship holds at all but the... READ MORE...

Publication date: May 1998
ISBN 9781451961188
$15.00

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