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2009-07-07Buch DOI: 10.18452/4201
Inflation and Growth
dc.contributor.authorKremer, Stephanie
dc.contributor.authorBick, Alexander
dc.contributor.authorNautz, Dieter
dc.date.accessioned2017-06-15T23:57:36Z
dc.date.available2017-06-15T23:57:36Z
dc.date.created2010-05-20
dc.date.issued2009-07-07
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/4853
dc.description.abstractWe introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth. The empirical analysis is based on a large panel-data set including 124 countries during the period from 1950 to 2004. For industrialized countries, our results confirm the inflation targets of about 2% set by many central banks. For non-industrialized countries, we estimate that inflation hampers growth if it exceeds 17%. Below this threshold, however, the impact of inflation on growth remains insignificant. Therefore, our results do not support growth-enhancing effects of inflation in developing countries.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subjectInflation Thresholdseng
dc.subjectInflation and Growtheng
dc.subjectDynamic Panel Threshold Modeleng
dc.subject.ddc330 Wirtschaft
dc.titleInflation and Growth
dc.typebook
dc.subtitleNew Evidence From a Dynamic Panel Threshold Analysis
dc.identifier.urnurn:nbn:de:kobv:11-100110647
dc.identifier.doihttp://dx.doi.org/10.18452/4201
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages22
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2009
local.edoc.container-issue36
local.edoc.container-year2009
local.edoc.container-erstkatid2195055-6

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