Hidden Bibliographic Details
| Other authors / contributors: | Senhadji, Abdelhak S.
IMF Institute.
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| ISBN: | 145189886X
9781451898866
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| Notes: | Includes bibliographical references (pages 30-31).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Annotation 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 13 percent for industrial countries and 711 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.
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| Other form: | Print version: Khan, Mohsin S. Threshold effects in the relationship between inflation and growth. Washington, D.C. : International Monetary Fund, ©2000
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