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revenues from energy exports, the GDP growth is clearly slowing down. The economies of the transition countries in Central and … pronounced deceleration of GDP growth is forecast only for Poland and Russia, in both cases largely for domestic economic policy … reasons. Inflation will slowly recede to single-digit annual rates (Romania, Yugoslavia, Russia and Ukraine are exceptions …
Persistent link: https://www.econbiz.de/10009649606
investment, inflation, the unemployment rate, the general government balance and the current account to GDP ratio. Data have been … international institutions and those of market participants. The tests were carried out on the forecasts for real GDP growth, total … GDP forecast, as measured by the mean absolute error, has improved by 0.03 percentage point (pp.) to 0.5 pp. for the …
Persistent link: https://www.econbiz.de/10008459199
This paper analyses the empirical relationship between inflation and growth using a panel data estimation technique … time levels, we find that a statistically significant negative relationship exists between inflation and growth for the … inflation rates above the critical threshold levels of 9% and 30% which are endogenously determined. Furthermore, we remedy the …
Persistent link: https://www.econbiz.de/10011165589
We try and detect whether there exists a threshold level of inflation for the US economy over 1801-2013, beyond which … semiparametric (SNP-IV) methods to obtain inflation thresholds for the United States. The results suggest that the relationship … between growth and inflation is hump shaped—that higher levels of inflation reduce growth more. Our results consistently show …
Persistent link: https://www.econbiz.de/10011095428