Nonparametric and Semiparametric 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:	2006-07
Authors:	Vaona, Andrea ; Schiavo, Stefano
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	Inflation \| Growth

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Extent:	application/pdf
Series:	Kiel Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	10 pages
Classification:	E31 - Price Level; Inflation; Deflation ; O49 - Economic Growth and Aggregate Productivity. Other ; C14 - Semiparametric and Nonparametric Methods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005818823