Article ID Journal Published Year Pages File Type
5061094 Economics Letters 2010 4 Pages PDF
Abstract

This paper introduces a generalized panel threshold model by allowing for regime intercepts. The empirical application to the relation between inflation and growth confirms that the omitted variable bias of standard panel threshold models can be statistically and economically significant.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Threshold effects of inflation on economic growth in developing countries
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