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Inflation and economic growth in the long run

✍ Scribed by Carlos G. Fernández Valdovinos


Book ID
117332529
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
182 KB
Volume
80
Category
Article
ISSN
0165-1765

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## Abstract Cross‐country regressions explaining output growth often obtain a negative effect from inflation. However, that result is not robust, due to the selection of countries in sample, temporal aggregation, and omission of consequential variables in levels. This paper demonstrates some implic