Inflation and growth: Explaining a negative effect

Kormendi and McGuire (1985) document a negative effect of inflation on economic growth for a cross-section of 47 countries during the period 1950-1977. Recent panel evidence such as Barro’s (2001) strengthens the support for such a negative effect. In qualification, Khan and Senhadji (2001), Ghosh and P...

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Bibliographic Details
Main Authors: Gillman, M., Harris, Mark, Mátyás, L.
Format: Book Chapter
Published: 2009
Online Access:http://hdl.handle.net/20.500.11937/81818