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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 semiparametric 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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Journal articles
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Submitted on : Friday, November 5, 2021 - 3:31:25 PM
Last modification on : Saturday, November 6, 2021 - 3:51:25 AM

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  • HAL Id : hal-03417185, version 1
  • SCIENCESPO : 2441/7181

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Andrea Vaona, Stefano Schiavo. Nonparametric and semiparametric evidence on the long-run effects of inflation on growth. Applied Economics, Taylor & Francis (Routledge), 2007, 94 (3), pp.452 - 458. ⟨hal-03417185⟩

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