From Inflation to Growth

36 Pages Posted: 17 Oct 2000

See all articles by Peter Christoffersen

Peter Christoffersen

University of Toronto - Rotman School of Management; Copenhagen Business School; Aarhus University - CREATES

Peter Doyle

International Monetary Fund (IMF) - European Department

Multiple version iconThere are 2 versions of this paper

Date Written: July 1998

Abstract

This paper reexamines growth in transition using panel data to 1997. It suggests that output has been strongly affected by export market growth; that inflation has been associated with weaker output only above a threshold inflation rate; that structural reform has been associated with weaker output initially, but that it stimulates higher growth thereafter; and that rapid disinflation has been associated with output losses only in the presence of pegged exchange rates.

Suggested Citation

Christoffersen, Peter and Doyle, Peter, From Inflation to Growth (July 1998). IMF Working Paper No. 98/100. Available at SSRN: https://ssrn.com/abstract=246464 or http://dx.doi.org/10.2139/ssrn.246464

Peter Christoffersen (Contact Author)

University of Toronto - Rotman School of Management ( email )

105 St. George Street
Toronto, Ontario M5S 3E6 M5P 3C4
Canada
416-946-5511 (Phone)

Copenhagen Business School

Solbjerg Plads 3
Frederiksberg C, DK - 2000
Denmark

Aarhus University - CREATES

School of Economics and Management
Building 1322, Bartholins Alle 10
DK-8000 Aarhus C
Denmark

Peter Doyle

International Monetary Fund (IMF) - European Department ( email )

700 19th St. NW
Washington, DC 20431
United States

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