Inflation‐Growth Profiles Across Countries: Evidence from Developing and Developed Countries

  title={Inflation‐Growth Profiles Across Countries: Evidence from Developing and Developed Countries},
  author={Ardeshir Sepehri and Saeed Moshiri},
  journal={International Review of Applied Economics},
  pages={191 - 207}
There is growing evidence from multi‐country studies indicating that there is a turning point in the relationship between inflation and economic growth beyond which the detrimental effects of high inflation offset the stimulating effects of mild inflation on growth. However, it is not clear whether it is appropriate to assume an identical turning point in the inflation and growth relation across countries at various stages of development. Using a non‐linear specification and the data from four… 
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