Inflation Anchoring and Growth : Evidence from Sectoral Data /

Central bankers often assert that low inflation and anchoring of inflation expectations are good for economic growth (Bernanke 2007, Plosser 2007). We test this claim using panel data on sectoral growth for 22 manufacturing industries for 36 advanced and emerging market economies over the period 199...

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Bibliographic Details
Main Author: Choi, Sangyup
Other Authors: Furceri, Davide, Loungani, Prakash
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/036
Online Access:Full text available on IMF