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Journal Articles Economics Letters Year : 2007

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.

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Dates and versions

hal-03417185 , version 1 (05-11-2021)

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Andrea Vaona, Stefano Schiavo. Nonparametric and semiparametric evidence on the long-run effects of inflation on growth. Economics Letters, 2007, 94 (3), pp.452 - 458. ⟨10.1016/j.econlet.2006.09.004⟩. ⟨hal-03417185⟩

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