Grimes, Arthur (1991): The effects of inflation on growth: some international evidence. Published in: Weltwirtschaftliches Archiv , Vol. 127, No. 4 (1991): pp. 631-644.
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Abstract
This paper uses evidence from 21 industrial countries over 27 years to ascertain whether inflation has had any systematic influence (positive or negative) on economic growth rates.
Item Type: | MPRA Paper |
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Original Title: | The effects of inflation on growth: some international evidence |
Language: | English |
Keywords: | Inflation, growth |
Subjects: | E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit |
Item ID: | 68526 |
Depositing User: | Dr Arthur Grimes |
Date Deposited: | 05 Jan 2016 02:02 |
Last Modified: | 26 Sep 2019 11:54 |
References: | Bruno, Michael, Jeffrey D. Sachs. 1985. Economics of Worldwide Stagflation. Harvard University Press, Cambridge MA. Feldstein, Martin. 1982. "Inflation, Tax Rules and Investment: Some Econometric Evidence". Econometrica, Vol. 50, pp. 825-862. Fischer, Stanley. 1977. "Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule". Journal of Political Economy, Vol. 85, pp. 191-206. Fischer, Stanley. 1981a. "Relative Shocks, Relative Price Variability, and Inflation". Brookings Papers on Economic Activity, No. 2, pp. 381-431. Fischer, Stanley. 1981b. "Towards an Understanding of the Costs of Inflation: Π". In: Karl Brunner, Alan H. Meltzer (Eds.), Carnegie- Rochester Conference Series on Public Policy, Vol.15, pp. 5-41. Fischer, Stanley. 1982. "Relative Price Variability and Inflation in the United States and Germany". European Economic Review, Vol. 18, pp. 171-196. Friedman, Milton. 1977. "Nobel Lecture: Inflation and Unemployment". Journal of Political Economy, Vol. 85, pp. 451-472. Hausman, Jerry Α. 1978. "Specification Tests in Econometrics". Econometrica, Vol. 46, pp. 1251-1271. International Monetary Fund (IMF). Various years. International Financial Statistics Yearbook. Washington 1988. Kormendi, Roger C, Philip G. Meguire. 1985. "Macroeconomic Determinants of Growth: Cross-Country Evidence". Journal of Monetary Economics, Vol. 16, pp. 141 - 164. Leamer, Edward. 1983. "Let's Take the Con Out of Econometrics". The American Economic Review, Vol. 73, pp. 31-43. Logue, Dennis E., Thomas D. Willett. 1976. "A Note on the Relation Between the Rate and Variability of Inflation". Economica, Vol.43, pp. 151-158. Lucas, Robert E., Jr. 1973. "Some International Evidence on Output-Inflation Tradeoffs". The American Economic Review, Vol. 63, pp. 326-334. Lucas, Robert E., Jr. 1976. "Econometric Policy Evaluation: A Critique". In: Karl Brunner, Alan H. Meltzer (Eds.), Carnegie-Rochester Conference Series on Public Policy, Vol. 1, pp. 19-46. Taylor, John B. 1980. "Output and Price Stability: An International Comparison". Journal of Economic Dynamics and Control, Vol. 2, pp. 109-132. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/68526 |