the income velocity of money that can break the otherwise stable relation between money, inflation, and output growth …The Paper presents a model in which the exogenous money supply causes changes in the inflation rate and the output … growth rate. While inflation and growth rate changes occur simultaneously, the inflation acts as a tax on the return to human …

has an adverse effect on long-run growth. This negative relationship arises because the incidence of volatility in this … type of public policy is responsible for higher average money growth, thus induces individuals to devote less time … the positive correlation between inflation and inflation variability. …

by low inflation, robust growth and low level of bureaucratic corruption due to better governance. In contrast, the … corruption, high inflation due partly to reliance on seigniorage to finance public spending, and lackluster growth. Using annual …

effect to growth in the region. All in all, we high- light the costs that inflation has had on economic activity, and also …In this paper we investigate the role of poor macroeconomic per- formance, in terms of high rates of inflation, in … determining economic growth in four Latin American countries between 1970 and 2007. The empirical results, based on the relatively …

This paper uses the general equilibrium monetary endogenous growth model of Dotsey and Ireland (1996), in which … inflation distorts a variety of marginal decisions, to evaluate the welfare cost of inflation in South Africa – a country, where …, since the February of 2000, the sole objective of the central bank has been to keep the inflation rate within the target …

This paper explores the influence of inflation on economic growth both theoretically and empirically. We propose to … intertemporal elasticity of substitution of working time is a key parameter for the shape of the inflation-growth nexus. When it is … set equal to zero, the inflation-growth nexus is weak and hump-shaped. When it is greater than zero, inflation has a …

In this paper we investigate the role of inflation rates in determining economic growth in fifteen sub-Saharan African … on panel time-series data and analysis, suggest that in‡ation has had a detrimental effect to growth in the region. All … in all, we highlight not only the fact that inflation has offset the prospective Mundell-Tobin effect and consequently …

In this paper we investigate the role of inflation rates in determining economic growth in fifteen sub-Saharan African … on panel time-series data and analysis, suggest that in‡ation has had a detrimental effect to growth in the region. All … in all, we highlight not only the fact that inflation has o¤set the prospective Mundell-Tobin effect and consequently …

has had a detrimental effect to growth in the region. All in all, we highlight the fact that excessive inflation has …In this paper we investigate the role of macroeconomic performance, mainly in terms of rates of inflation, in … determining economic growth in four Latin American countries which suffered hyperinflationary bursts in the 1980s and early 1990s …

by low inflation, robust growth and low level of bureaucratic corruption due to better governance. In contrast, the … corruption, high inflation due partly to reliance on seigniorage to finance public spending, and lacklustre growth. Using annual …