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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?

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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.

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