Does the Level of Inflation Matter in the Inflation-Growth Nexus in Ghana?

Prempeh, Kwadwo Boateng and Kyeremeh, Kwadwo and Peprah-Amankona, Godfred (2022): Does the Level of Inflation Matter in the Inflation-Growth Nexus in Ghana?

Abstract

The study uses a threshold regression model to provide new evidence that the deleterious effects of inflation on growth only “kick in” once inflation hits a certain level. Until then, inflation is beneficial to growth.

• Item Type: MPRA Paper
• Language: English
• Keywords: Inflation; economic growth; threshold; Ghana
• Subjects: C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C54 - Quantitative Policy Modeling; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation

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