Add to ORKGIn a monetary growth model, I show that average inflation inhibits growth while inflation volatility enhances it. The effect of nominal volatility on human capital accumulation depends on the response of money demand and the corresponding extent of transactions costs rather than from a direct, precautionary motive
The paper analyzes the short-run impact of periods of strong monetary growth on inflation dynamics f...
I study whether money growth targeting leads to indeterminacy in the price level. I extend a convent...
Abstract: The empirical evidence suggests that there is a significant, negative relationship between...
In a monetary growth model, I show that average inflation inhibits growth while inflation volatility...
We incorporate endogenous human capital accumulation into a scale-invariant Schumpeterian growth mod...
Output growth, investment and the real interest rate in long-run evidence tend to be negatively affe...
We study the link between output growth and output variability in a simple stochastic AK growth m...
The article contains a review of monetary growth models. We analyze the ways in which money is intro...
A pervasive empirical finding for the US economy is that inflation is negatively correlated with the...
The paper shows how increases in the inflation rate can cause the output growth rate to decrease by ...
The paper shows how increases in the inflation rate can cause the output growth rate to decrease by ...
The paper shows that contrary to conventional wisdom an endogenous growth economy with human capital...
This thesis is concerned with the effects of inflation on output growth and on its determinants. In ...
This study explores the growth and welfare effects of monetary policy in a scale-invariant Schumpete...
The paper presents and tests a theory of the demand for money that is derived from a general equilib...
The paper analyzes the short-run impact of periods of strong monetary growth on inflation dynamics f...
I study whether money growth targeting leads to indeterminacy in the price level. I extend a convent...
Abstract: The empirical evidence suggests that there is a significant, negative relationship between...
In a monetary growth model, I show that average inflation inhibits growth while inflation volatility...
We incorporate endogenous human capital accumulation into a scale-invariant Schumpeterian growth mod...
Output growth, investment and the real interest rate in long-run evidence tend to be negatively affe...
We study the link between output growth and output variability in a simple stochastic AK growth m...
The article contains a review of monetary growth models. We analyze the ways in which money is intro...
A pervasive empirical finding for the US economy is that inflation is negatively correlated with the...
The paper shows how increases in the inflation rate can cause the output growth rate to decrease by ...
The paper shows how increases in the inflation rate can cause the output growth rate to decrease by ...
The paper shows that contrary to conventional wisdom an endogenous growth economy with human capital...
This thesis is concerned with the effects of inflation on output growth and on its determinants. In ...
This study explores the growth and welfare effects of monetary policy in a scale-invariant Schumpete...
The paper presents and tests a theory of the demand for money that is derived from a general equilib...
The paper analyzes the short-run impact of periods of strong monetary growth on inflation dynamics f...
I study whether money growth targeting leads to indeterminacy in the price level. I extend a convent...
Abstract: The empirical evidence suggests that there is a significant, negative relationship between...