The paper presents a monetary model of endogenous growth and specifies an econometric model consistent with it. The economic model suggests a negative inflation-growth effect, and one that is stronger at lower levels of inflation. Empirical evaluation of the model is based on a large panel of...

Júlia Király, Dóra Győrffy: Economic Sanctions -- Péter Benczúr, István Kónya: Economic Growth & Resilience -- Jakub Głowacki, Anna Gomola, Michał Król, Łukasz Mamica, Monika Mazur-Bubak: Energy Markets: Current Situation and Possibilities for Stabilisation -- Szilárd Benk, Péter...

The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 transition countries over the 1990-2003 period; it uses a fixed effects panel approach to account for possible bias from correlations among the unobserved effects and the observed...

The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 transition countries over the 1990-2003 period; it uses a fixed effects, full-information maximum likelihood, panel approach to account for possible bias from correlations among...