Nonlinear Relation Between Inflation and Growth – Panel Data Analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Nonlinear Relation Between Inflation and Growth – Panel Data Analysis write by Anna Miller. This book was released on 2013-10-24. Nonlinear Relation Between Inflation and Growth – Panel Data Analysis available in PDF, EPUB and Kindle. Master's Thesis from the year 2013 in the subject Economics - Economic Cycle and Growth, grade: 64%, University of Nottingham, language: English, abstract: This paper examines the inflation-growth interaction for different country groups with similar national incomes for the period 1970-2011. It could be confirmed that this relation is strictly nonlinear with a threshold level of inflation of 3% for high-income countries and 13% for low-income countries. Although this result is in line with previous empirical studies based on a similar data set, much smaller samples needed to be used to obtain these results. Inflation threshold levels are estimated using the iteration method and different panel-specific techniques. Strongly significant thresholds were yielded only when controlling for country-fixed effects. Policymakers can use the findings for high-income or industrialised countries as a guide for inflation targeting, however more precise analyses for less advanced countries are needed in order to be useful for monetary policy.
Nonlinear Relation Between Inflation and Growth - Panel Data Analysis
Nonlinear Relation Between Inflation and Growth - Panel Data Analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Nonlinear Relation Between Inflation and Growth - Panel Data Analysis write by Anna Miller. This book was released on 2013-11. Nonlinear Relation Between Inflation and Growth - Panel Data Analysis available in PDF, EPUB and Kindle. Master's Thesis from the year 2013 in the subject Economics - Economic Cycle and Growth, grade: 64%, University of Nottingham, language: English, abstract: This paper examines the inflation-growth interaction for different country groups with similar national incomes for the period 1970-2011. It could be confirmed that this relation is strictly nonlinear with a threshold level of inflation of 3% for high-income countries and 13% for low-income countries. Although this result is in line with previous empirical studies based on a similar data set, much smaller samples needed to be used to obtain these results. Inflation threshold levels are estimated using the iteration method and different panel-specific techniques. Strongly significant thresholds were yielded only when controlling for country-fixed effects. Policymakers can use the findings for high-income or industrialised countries as a guide for inflation targeting, however more precise analyses for less advanced countries are needed in order to be useful for monetary policy.
Non-linearity in the Inflation-Growth Relationship in Developing Economies
Non-linearity in the Inflation-Growth Relationship in Developing Economies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Non-linearity in the Inflation-Growth Relationship in Developing Economies write by Deniz Baglan. This book was released on 2014. Non-linearity in the Inflation-Growth Relationship in Developing Economies available in PDF, EPUB and Kindle.
Inflation, Disinflation, and Growth
Inflation, Disinflation, and Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inflation, Disinflation, and Growth write by Mr.Atish R. Ghosh. This book was released on 1998-05-01. Inflation, Disinflation, and Growth available in PDF, EPUB and Kindle. 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.
Inflation and Growth
Inflation and Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inflation and Growth write by Stephanie Kremer. This book was released on 2010. Inflation and Growth available in PDF, EPUB and Kindle.
