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Threshold Effects in the Relationship Between Inflation and Growth / Abdelhak Senhadji, Mohsin Khan.
- Format:
- Book
- Government document
- Author/Creator:
- Senhadji Semlali, A.
- Series:
- IMF Working Papers; Working Paper ; No. 2000/110
- IMF Working Papers
- Language:
- English
- Physical Description:
- 1 online resource (32 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2000.
- Language Note:
- English
- Summary:
- This paper reexamines the issue of the existence of threshold effects in the relationship between inflation and growth, using new econometric techniques that provide appropriate procedures for estimation and inference. The threshold level of inflation above which inflation significantly slows growth is estimated at 1–3 percent for industrial countries and 7–11 percent for developing countries. The negative and significant relationship between inflation and growth, for inflation rates above the threshold level, is quite robust with respect to the estimation method, perturbations in the location of the threshold level, the exclusion of high-inflation observations, data frequency, and alternative specifications.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 9786613800947
- 9781462353965
- 1462353967
- 9781452751245
- 1452751242
- 9781282107595
- 1282107593
- 9781451898866
- 145189886X
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