Nonlinear Effects of Inflationon Economic Growth /

This paper examines the possibility of nonlinear effects of inflation on economic growth. It finds evidence of a significant structural break in the function that relates economic growth to inflation. The break is estimated to occur when the inflation rate is 8 percent. Below that rate, inflation do...

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Bibliographic Details
Main Author: Sarel, Michael
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Working Papers; Working Paper ; No. 1995/056
Subjects:
Online Access:Full text available on IMF