Series: IMF Working Papers
Author(s): Raphael Espinoza , Ananthakrishnan Prasad , and Gene Leon
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2010
Keywords: Growth, Phillips curve, Logistic Smooth Transition, effect of inflation, terms of trade, monetary fund,
Motivated by the global inflation episode of 2007-08 and concern that high levels of inflation could undermine growth, this paper uses a panel of 165 countries and data for 1960-2007 to revisit the nexus between in...