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The long-run relationship between inflation and output in postwar economies

✍ Scribed by James Bullard; John W. Keating


Book ID
113312105
Publisher
Elsevier Science
Year
1995
Tongue
English
Weight
899 KB
Volume
36
Category
Article
ISSN
0304-3932

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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