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Nonparametric and semiparametric evidence on the long-run effects of inflation on growth

Abstract : In this paper we adopt both a nonparametric and a semi- parametric 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 : inflation Growth
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  • HAL Id : hal-01065641, version 1
  • SCIENCESPO : 2441/7182

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Andrea Vaona, Stefano Schiavo. Nonparametric and semiparametric evidence on the long-run effects of inflation on growth. 2006. ⟨hal-01065641⟩

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