Optimal Inflation Threshold and Economic Growth: Ordinal Regression Model Analysis

Inflation and Economic Growth: Threshold Effects and Transmission Mechanisms

Inflation and Economic Growth

Data for around 100 countries from 1960 to 1990 are used to assess the effects of inflation on economic performance. If a number of country characteristics are held constant, then regression results indicate that the impact effects from an increase in average inflation by 10 percentage points per year are a reduction of the growth rate of real per capita GDP by 0.2-0.3 percentage points per yea...

The Threshold Impact of Fiscal and Monetary Policies on Inflation: Threshold Model Approach

The aim of this study is to examine the nonlinear effects of fiscal and monetary policies on inflation during 1990:3 to 2013:1 based on threshold model. First lag of the liquidity growth is recognized as threshold variable with threshold value estimated at 6.37 percent. In low liquidity growth, the results indicate that inflation expectations and the lagged liquidity growth are the most importa...

Does Inflation Harm Economic Growth In Iran?

Government Size Threshold and Economic Growth in Iran

We apply the two-sector production function developed by Ram (1986) to estimate the threshold regression model for Iran, concerning the effect of government size on economic growth. Three government size indicators are used to find out the different threshold points. The results show a non-linear relationship of the Armey curve in Iran, in which the threshold effects corresponding to total gove...