Inflation, Disinflation, and Growth /

Although few would doubt that very high inflation is bad for growth, there is much less agreement about moderate inflation's effects. Using panel regressions and a nonlinear specification, this paper finds a statistically and economically significant negative relationship between inflation and...

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Bibliographic Details
Main Author: Ghosh, Atish
Other Authors: Phillips, Steven
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/068
Online Access:Full text available on IMF