This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Further Theoretical and Empirical Evidence on Money to Growth Relation

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Alexandru Minea ()
Christophe Rault ()
Patrick Villieu ()

Additional information is available for the following registered author(s):

Abstract

This paper proposes a theoretical growth model where seigniorage can be used to finance productive public spending, and show the existence of nonlinear effects between seigniorage and economic growth. Empirical evidence based on panel regression techniques provides some support for these nonlinear effects on a sample of OECD countries over the 1978-2005 period.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp909.pdf
File Format:
File Function:
Download Restriction: no

Publisher Info
Paper provided by William Davidson Institute at the University of Michigan Stephen M. Ross Business School in its series William Davidson Institute Working Papers Series with number wp909.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: pages
Date of creation: 01 Feb 2008
Date of revision:
Handle: RePEc:wdi:papers:2008-909

Contact details of provider:
Postal: 724 E. University Ave. Wyly Hall, Floor 1, Ann Arbor, Michigan 48109-1234
Phone: 734 615 4566
Fax: (734) 763-5850
Email:
Web page: http://www.wdi.umich.edu
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Patricia Loh).

Related research
Keywords: economic growth; nonlinear effects of monetary policy;

Other versions of this item:

Find related papers by JEL classification:
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

This paper has been announced in the following NEP Reports:

References listed on IDEAS
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.:
  1. Mahmood Arai & Mats Kinnwall & Peter Skogman Thoursie, 2004. "Cyclical and causal patterns of inflation and GDP growth," Applied Economics, Taylor and Francis Journals, vol. 36(15), pages 1705-1715, August. [Downloadable!] (restricted)
    Other versions:
  2. Black, David C & Dowd, Michael R & Keith, Kristen, 2001. "The Inflation/Growth Relationship: Evidence from State Panel Data," Applied Economics Letters, Taylor and Francis Journals, vol. 8(12), pages 771-74, December. [Downloadable!] (restricted)
  3. Palivos, Theodore & Yip, Chong K, 1995. "Government Expenditure Financing in an Endogenous Growth Model: A Comparison," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 27(4), pages 1159-78, November. [Downloadable!] (restricted)
    Other versions:
  4. Bolton, Daniel M & Alexander, W Robert J, 2001. "The Differing Consequences of Low and High Rates of Inflation," Applied Economics Letters, Taylor and Francis Journals, vol. 8(6), pages 411-14, June. [Downloadable!] (restricted)
  5. Alexander, W Robert J, 1997. "Inflation and Economic Growth: Evidence from a Growth Equation," Applied Economics, Taylor and Francis Journals, vol. 29(2), pages 233-38, February. [Downloadable!] (restricted)
  6. Burdekin, Richard C.K. & Denzau, Arthur T. & Keil, Manfred W. & Sitthiyot, Thitithep & Willett, Thomas D., 2004. "When does inflation hurt economic growth? Different nonlinearities for different economies," Journal of Macroeconomics, Elsevier, vol. 26(3), pages 519-532, September. [Downloadable!] (restricted)
    Other versions:
  7. Gylfason, Thorvaldur, 1990. "Inflation, Growth and External Debt: A View of the Landscape," CEPR Discussion Papers 375, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
Full references

Statistics
Access and download statistics

Did you know? Apart from a small start up grant in the 1990's, RePEc has received no funding and lives on the help of volunteers.

This page was last updated on 2009-11-19.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.