Inflation, Disinflation, and Growth

Released on by Mr.Atish R. Ghosh
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  • Inflation, Disinflation, and Growth Book Detail

  • Author : Mr.Atish R. Ghosh
  • Release Date : 1998-05-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 45
  • ISBN 13 : 1451961189
  • File Size : 13,13 MB
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Inflation, Disinflation, and Growth by Mr.Atish R. Ghosh PDF Summary

Book Description: 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 lowest inflation rates and is robust across various samples and specifications. The method of binary recursive trees identifies inflation as one the most important statistical determinants of growth. Finally, while there are short-run growth costs of disinflation, these are only relevant for the most severe disinflations, or when the initial inflation rate is well within the single-digit range.

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Inflation, Disinflation, and Growth

Inflation, Disinflation, and Growth

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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

From Inflation to Growth

From Inflation to Growth

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This paper reexamines growth in transition using panel data to 1997. It suggests that output has been strongly affected by export market growth; that inflation

From Inflation to Growth

From Inflation to Growth

File Size : 33,33 MB
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This paper reexamines growth in transition using panel data to 1997. It suggests that output has been strongly affected by export market growth; that inflation

Does Inflation Harm Economic Growth?

Does Inflation Harm Economic Growth?

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The purpose of this paper is to study the correlation among growth and inflation at the OECD level, within the framework of the so-called convergence equations,