Threshold Effects in the Relationship Between Inflation and Growth

Threshold Effects in the Relationship Between Inflation and Growth
This paper reexamines 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: June 2000
ISBN 9781451853339
$15.00

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