The Effects of Inflation on Employment in African Countries: A Non-dynamic Panel Threshold Approach

C.F.J. N’Guessan

Studies in Economics and Econometrics, 2018, vol. 42, issue 1, 135-150

Abstract: The objective of this study is to empirically contribute to a better orientation of the inflation targeting policy. Specifically, it assesses the impact of inflation targeting on employment in 19 African countries. We used a non-dynamic panel threshold model applied to data that cover the period from 1992 to 2014. We found that, below an inflation rate of 9.16%, the employment ratio increases with inflation, while inflation does not impact the employment ratio beyond 9.16%.

Date: 2018
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DOI: 10.1080/10800379.2018.12097330

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