Nonparametric and semi-parametric evidence on the long-run effects of inflation on growth

In this paper we adopt both a nonparametric and a semi-parametric IV estimator to show that the relationship between inflation and output growth is non-linear and that there exists a threshold level below which inflation has no effects on growth.

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Year of publication:	2006
Authors:	Vaona, Andrea ; Schiavo, Stefano
Publisher:	Kiel : Kiel Institute for the World Economy (IfW)
Subject:	Inflation \| Wirtschaftswachstum \| Nichtparametrisches Verfahren \| Schätzung \| Welt \| Growth

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Series:	Kiel Working Paper ; 1286
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	516624326 [GVK] hdl:10419/3857 [Handle] RePEc:zbw:ifwkwp:1286 [RePEc]
Classification:	C14 - Semiparametric and Nonparametric Methods ; E31 - Price Level; Inflation; Deflation ; O49 - Economic Growth and Aggregate Productivity. Other
Source:	EconStor

Persistent link: https://www.econbiz.de/10010276546