| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w6062 |
| 来源ID | Working Paper 6062 |
| Does Inflation Harm Economic Growth? Evidence for the OECD | |
| Javier Andres; Ignacio Hernando | |
| 发表日期 | 1997-06-01 |
| 出版年 | 1997 |
| 语种 | 英语 |
| 摘要 | The purpose of this paper is to study the correlation among growth and inflation at the OECD level, within the framework of the so-called convergence equations, and to discuss whether this correlation withstands a number of improvements in the empirical models, which try to address the most common criticisms of this evidence. The main findings are the following: 1) the negative correlation among growth and inflation is not explained by the experience of high-inflation economies; 2) the estimated costs of inflation are still significant once country-specific effects are allowed for in the empirical model; and 3) the observed correlation cannot be dismissed on the grounds of reverse causation (from GDP to inflation). |
| 主题 | Macroeconomics ; Business Cycles ; International Economics ; International Macroeconomics |
| URL | https://www.nber.org/papers/w6062 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563570 |
| 推荐引用方式 GB/T 7714 | Javier Andres,Ignacio Hernando. Does Inflation Harm Economic Growth? Evidence for the OECD. 1997. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w6062.pdf（459KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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