inflation and inflation volatility. Using annual data from 1970 to 2011 for a large panel of 180 developed and developing … empirical findings show that the effect of inflation volatility is positive, while the effect of trend inflation is negative …. The implication is that reduced inflation volatility (holding trend inflation constant) helps stabilize the business cycle …

Examining the economies of the European Union from 2000 to 2023, we have found no strong evidence that the inflation … the euro area, aimed at rapidly bringing inflation under control, could actually be detrimental to economic growth. Since … the negative effects of monetary tightening on growth are clear, while the benefits of rapidly reducing inflation on …

We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth … developing countries. -- Inflation thresholds ; inflation and growth ; dynamic panel threshold model …. The empirical analysis is based on a large panel-data set including 124 countries during the period from 1950 to 2004. For …

We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth … developing countries. -- Inflation Thresholds ; Inflation and Growth ; Dynamic Panel Threshold Model …. The empirical analysis is based on a large panel-data set including 124 countries during the period from 1950 to 2004. For …

This paper examines four unresolved issues regarding the effects of GDP and inflation on financial development: (i …-linear? (iii) Does financial development vary with inflation rates? (iv) Does inflation moderate the effect of GDP on financial … development? The authors employ the newly developed dynamic Common Correlated Effects (CCE) and dynamic panel system Generalized …

We study the impact of climate volatility on economic growth exploiting data on 133 countries between 1960 and 2005. We … show that the conditional (ex ante) volatility of annual temperatures increased steadily over time, rendering climate … temperatures, a +1oC increase in temperature volatility causes on average a 0.9 per cent decline in GDP growth and a 1.3 per cent …

Purpose - This paper aims to explore the extreme effect of crude oil price fluctuations and its volatility on the … business cycles or oil price levels, the paper uses a panel quantile regression approach with other linear models such as fixed … effects, random effects and panel generalized method of moments. The panel quantile methodology is an extension of traditional …

higher inflation levels and volatility. Not only does this paper advance the political economy literature establishing a …Economists generally accept the proposition that high and volatile inflation rates generate inefficiencies that reduce … society's welfare. Furthermore, studies have shown that inflation is harmful to economic growth. However, determining the …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … dynamic panel including annual data for 119 countries over the period 1970-2010, and also carry out multivariate Granger … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …