Article ID Journal Published Year Pages File Type
5062164 Economics Letters 2007 7 Pages PDF
Abstract

In this paper we adopt both a nonparametric and a semiparametric IV estimator to show that the relationship between inflation and output growth is non-linear and that there exists a threshold level below which inflation has no effects on growth.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Nonparametric and semiparametric evidence on the long-run effects of inflation on growth
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