Journal Article10.1016/0164-0704(94)90070-1
Inflation and growth
47
TL;DR: In this article, the authors evaluated the effect of inflation on the ability of economic agents to operate efficiently in a private enterprise system and found that both the rate of inflation and the change in inflation have significant negative effects on output growth.
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About: This article is published in Journal of Macroeconomics. The article was published on 01 Mar 1994. The article focuses on the topics: Real interest rate & Economic stability.
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Citations
In search of an optimal debt ratio for economic growth
David J. Smyth,Yu Hsing +1 more
TL;DR: In this paper, the authors extended the work of Barro (1979), Eisner (1992), Joines (1991), and others to examine the federal government debt's impact on economic growth and to test if an optimal debt ratio exists that will maximize the economic growth rate.
Public and private investment: Are there causal linkages?
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TL;DR: In this article, the causal linkage between private investment and government provision of public capital and government investment spending is examined by including public sector investment spending and public capital stock along with the variables specified in the major theoretical private investment models.
References
A Contribution to the Empirics of Economic Growth
TL;DR: The authors examined whether the Solow growth model is consistent with the international variation in the standard of living, and they showed that an augmented Solow model that includes accumulation of human as well as physical capital provides an excellent description of the cross-country data.
Institutions and economic performance: cross‐country tests using alternative institutional measures
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