Chu, Angus C.; Cozzi, Guido; Furukawa, Yuichi - Volkswirtschaftliche Fakultät, … - 2013
This study analyzes the effects of inflation on the long-run nexus between unemployment and economic growth. We … opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …, a negative relationship between inflation and R&D, and a negative relationship between inflation and economic growth …