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Inflation, Disinflation, and Growth

Inflation, Disinflation, and Growth »

Volume/Issue: 1998/68

Series: IMF Working Papers

Author(s): Atish Ghosh , and Steven Phillips

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1998

DOI: http://dx.doi.org/10.5089/9781451961188.001

ISBN: 9781451961188

Keywords: growth determinants, growth regressions, robustness, inflation rate, inflation rates, high inflation, low inflation

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...

Inflation, Disinflation, and Growth

Inflation, Disinflation, and Growth »

Source: Inflation, Disinflation, and Growth

Volume/Issue: 1998/68

Series: IMF Working Papers

Author(s): Atish Ghosh , and Steven Phillips

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1998

ISBN: 9781451961188

Keywords: growth determinants, growth regressions, robustness, inflation rate, inflation rates, high inflation, low inflation

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...