Inflation and growth: the role of institutions
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DOI: 10.1007/s12197-021-09563-7
Abstract: This paper investigates the effects of inflation on per capita income growth for 36 developed and developing countries by using structural vector autoregression models that are robust to the consideration of endogeneity by construction. The… read more here.
Keywords: growth role; role institutions; finance; growth ... See more keywords
On the Nonlinear Relationship between Inflation and Growth: A Theoretical Exposition
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DOI: 10.1016/j.jmoneco.2017.12.001
Abstract: This study introduces cash-in-advance constraints into an R&D-based model of endogenous growth in which agents’abilities to develop new goods are heterogeneous. We demonstrate that the negative effect of inflation on long-term growth is weaker in… read more here.
Keywords: growth theoretical; relationship inflation; nonlinear relationship; growth ... See more keywords
INFLATION AND GROWTH: A NON-MONOTONIC RELATIONSHIP IN AN INNOVATION-DRIVEN ECONOMY
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DOI: 10.1017/s1365100519000622
Abstract: This paper investigates the effects of monetary policy on long-run economic growth via different cash-in-advance (CIA) constraints on R&D in a Schumpeterian growth model with vertical and horizontal innovations. The relationship between inflation and growth… read more here.
Keywords: non monotonic; growth; inflation; monotonic relationship ... See more keywords