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

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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.

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Dates and versions

hal-01065641 , version 1 (18-09-2014)

Identifiers

  • HAL Id : hal-01065641 , version 1
  • SCIENCESPO : 2441/7182

Cite

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