Threshold Effects in the Relationship Between Inflation and Growth /

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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Senhadji, Abdelhak
Weitere Verfasser: Khan, Mohsin
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/110
Online Zugang:Full text available on IMF
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100 1 |a Senhadji, Abdelhak. 
245 1 0 |a Threshold Effects in the Relationship Between Inflation and Growth /  |c Abdelhak Senhadji, Mohsin Khan. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2000. 
300 |a 1 online resource (32 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 1-3 percent for industrial countries and 7-11 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. 
538 |a Mode of access: Internet 
700 1 |a Khan, Mohsin. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2000/110 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2000/110/001.2000.issue-110-en.xml  |z IMF e-Library