The effects of rate and variability inflation on output growth variability has has been investigated in this paper. The paper concludes that there exists no significant relationship between inflation rate and/or its variability and output growth variability in most of the cases. The results more or less remains the same when we introduced the lagged dependent variable and also in the case of pooling the data possibily due to the similar socio-economic structure of the economies included in the sample.
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
2706.
Length: Date of creation: 1992 Date of revision: Publication status: Published in Pakistan Development Review 4.31(1992): pp. 771-777 Handle: RePEc:pra:mprapa:2706
Find related papers by JEL classification: E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy