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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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:108:y:2010:i:2:p:126-129
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