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Threshold effects of inflation on economic growth in developing countries

Alexander Bick

Economics Letters, 2010, vol. 108, issue 2, 126-129

Abstract: This paper introduces a generalized panel threshold model by allowing for regime intercepts. The empirical application to the relation between inflation and growth confirms that the omitted variable bias of standard panel threshold models can be statistically and economically significant.

Keywords: Panel; threshold; model; Inflation; thresholds; Economic; growth (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (127)

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