Inflation and Growth: Stories Short and Tall

Posted: 22 Apr 1999

See all articles by Jonathan R.W. Temple

Jonathan R.W. Temple

Centre for Economic Policy Research (CEPR)

Abstract

This paper reviews the stories that economists tell about the growth effects of inflation. Informal accounts of inflation's effects are common, but there are few models which get to grips with the effects that are probably central. Partly as a result of this, and partly as a result of many econometric problems, much of the empirical evidence remains unconvincing. The paper assesses the various contributions and suggests possible improvements.

JEL Classification: E31, O40, O42

Suggested Citation

Temple, Jonathan R.W., Inflation and Growth: Stories Short and Tall. Available at SSRN: https://ssrn.com/abstract=141084

Jonathan R.W. Temple (Contact Author)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

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