IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwpma/9803006.html
   My bibliography  Save this paper

Growth is not correlated with Inflation

Author

Listed:
  • W. Stanners

    (Over, Cambridge, UK)

Abstract

A paper by W. R. J. Alexander concluded, on the basis of econometric analysis involving variables additional to the two principal ones, that a decrease in inflation rate would result in a significant gain in the growth rate of national output. This note shows that this verbal conclusion does not follow from the results of the algebraic analysis which precedes it, and more generally, that time-series analysis, with or without additional variables, is unlikely to be able to contradict the conclusion of simple two-parameter cross-section correlation studies - namely that the growth rates of countries are not correlated with their inflation rates.

Suggested Citation

  • W. Stanners, 1998. "Growth is not correlated with Inflation," Macroeconomics 9803006, EconWPA.
  • Handle: RePEc:wpa:wuwpma:9803006
    Note: Type of Document - Word document; prepared on IBM PC; to print on HP 540; pages: 9 ; figures: None. None
    as

    Download full text from publisher

    File URL: http://econwpa.repec.org/eps/mac/papers/9803/9803006.html
    Download Restriction: no

    File URL: http://econwpa.repec.org/eps/mac/papers/9803/9803006.pdf
    Download Restriction: no

    File URL: http://econwpa.repec.org/eps/mac/papers/9803/9803006.ps.gz
    Download Restriction: no

    File URL: http://econwpa.repec.org/eps/mac/papers/9803/9803006.doc.gz
    Download Restriction: no

    More about this item

    Keywords

    growth inflation hyperinflation correlation cause;

    JEL classification:

    • E - Macroeconomics and Monetary Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpma:9803006. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA). General contact details of provider: http://econwpa.repec.org .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.