Inflation and economic growth
Sergey Blinov ()
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Sergey Blinov: Department of Strategy Planning, PTC Kamaz, Naberezhnye Chelny, Tatarstan, Russia.
Journal of Economics Library, 2017, vol. 4, issue 3, 345-358
Attempts to establish a link between inflation and economic growth are made quite regularly. The aim of such attempts is not only to determine the impact of inflation on economic growth but also to assess efficiency of the inflation rein-in policy, for example, the policy of inflation targeting. This work reveals the nature of the inter-connection between inflation and economic growth and explains why this inter-connection cannot be sustainable without considering the third parameter, i.e. money supply.
Keywords: Monetary policy; Price level; Inflation; Deflation; Economic growth; Business cycles. (search for similar items in EconPapers)
JEL-codes: E30 E32 E51 E52 E58 N10 O11 O40 O42 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ksp:journ5:v:4:y:2017:i:3:p:345-358
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