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Inflation and growth: in search of a stable relationship

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  • Michael Bruno
  • William Easterly
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    File URL: http://research.stlouisfed.org/publications/review/96/05/9605mb.pdf
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    Bibliographic Info

    Article provided by Federal Reserve Bank of St. Louis in its journal Proceedings.

    Volume (Year): (1996)
    Issue (Month): May ()
    Pages: 139-146

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    Handle: RePEc:fip:fedlpr:y:1996:i:may:p:139-146:n:v.78no.3

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    Related research

    Keywords: Inflation (Finance);

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Rebelo, Sérgio, 1995. "Real Effects of Exchange-Rate-Based Stabilization: An Analysis of Competing Theories," CEPR Discussion Papers, C.E.P.R. Discussion Papers 1220, C.E.P.R. Discussion Papers.
    2. Michael Bruno & William Easterly, 1995. "Inflation Crises and Long-Run Growth," NBER Working Papers 5209, National Bureau of Economic Research, Inc.
    3. Larry E. Jones & Rodolfo E. Manuelli, 1993. "Growth and the Effects of Inflation," NBER Working Papers 4523, National Bureau of Economic Research, Inc.
    4. Tommasi, Mariano, 1994. "The Consequences of Price Instability on Search Markets: Toward Understanding the Effects of Inflation," American Economic Review, American Economic Association, American Economic Association, vol. 84(5), pages 1385-96, December.
    5. Laurence Ball, 1993. "What determines the sacrifice ratio?," Working Papers 93-21, Federal Reserve Bank of Philadelphia.
    6. Eliana A. Cardoso & Albert Fishlow, 1989. "Latin American Economic Development: 1950-1980," NBER Working Papers 3161, National Bureau of Economic Research, Inc.
    7. Fischer, Stanley, 1993. "The role of macroeconomic factors in growth," Journal of Monetary Economics, Elsevier, Elsevier, vol. 32(3), pages 485-512, December.
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    Citations

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    Cited by:
    1. Rod Cross & Douglas Strachan, 2001. "Three Pillars of Conventional Wisdom," Review of Political Economy, Taylor & Francis Journals, Taylor & Francis Journals, vol. 13(2), pages 181-200.
    2. Wojciech Charemza & Svetlana Makarova & Imran Shah, 2013. "Frequent episoded of high inflation and real effects," EcoMod2013 5478, EcoMod.
    3. Anneli Kaasa, 2005. "Factors Of Income Inequality And Their Influence Mechanisms: A Theoretical Overview," University of Tartu - Faculty of Economics and Business Administration Working Paper Series, Faculty of Economics and Business Administration, University of Tartu (Estonia) 40, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    4. Frederic S. Mishkin & Klaus Schmidt-Hebbel, 2001. "One Decade of Inflation Targeting in the World: What Do We Know and What Do We Need to Know?," NBER Working Papers 8397, National Bureau of Economic Research, Inc.
    5. Arthur MacEwan, . "Why Equality? How Equality?," Working Papers 1, University of Massachusetts Boston, Economics Department.
    6. Wyplosz, Charles, 2001. "Do We Know How Low Inflation Should Be?," CEPR Discussion Papers, C.E.P.R. Discussion Papers 2722, C.E.P.R. Discussion Papers.
    7. Jun-ichi Itaya & Kazuo Mino, 2005. "Technology, Preference Structure, and the Growth Effect of Money Supply," Discussion Papers in Economics and Business 05-35, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
    8. Brito, Ricardo D. & Bystedt, Brianne, 2010. "Inflation targeting in emerging economies: Panel evidence," Journal of Development Economics, Elsevier, Elsevier, vol. 91(2), pages 198-210, March.
    9. WenShwo Fang & Stephen M. Miller & Chih-Chuan Yeh, 2007. "Does a Threshold Inflation Rate Exist? Quantile Inferences for Inflation and Its Variability," Working papers, University of Connecticut, Department of Economics 2007-45, University of Connecticut, Department of Economics, revised Jun 2009.
    10. Thomas C. Melzer, 1997. "Credible monetary policy to sustain growth," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 1-5.
    11. Sailesh K. Jha & Ping Wang & Chong K.Yip, 2000. "Dynamics in a Transactions-Based Monetary Growth Model," Vanderbilt University Department of Economics Working Papers 0005, Vanderbilt University Department of Economics.
    12. William G. Dewald, 1998. "Historical U.S. money growth, inflation, and inflation credibility," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 13-24.
    13. David C. Wheelock, 1999. "The FOMC in 1998: can it get any better than this?," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 11-22.
    14. Shari Spiegel, 2007. "Macroeconomics and Growth Policies," Policy Notes, United Nations, Department of Economics and Social Affairs 1, United Nations, Department of Economics and Social Affairs.
    15. Philip Arestis & Malcolm Sawyer, 2013. "Moving from Inflation Targeting to Prices and Incomes Policy," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(1), pages 1-17, March.
    16. Kevin S. Nell, 2000. "Is Low Inflation a Precondition for Faster Growth? The Case of South Africa," Studies in Economics, Department of Economics, University of Kent 0011, Department of Economics, University of Kent.
    17. Michael R. Pakko, 1998. "Shoe-leather costs of inflation and policy credibility," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 37-50.

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