Inflation and growth: An estimate of the threshold level of inflation in the U.S.

  • Hio Loi

Student thesis: Master's Thesis › Master of Arts (MA)

Abstract

The study examines the threshold level of inflation in the US during the period
1960-2011. The model suggests the threshold level of inflation in the US is 0 to 1.5
percent quarterly. Above that threshold level, inflation has a significant negative effect on
real GDP growth. Below the threshold level, the effect of inflation on real GDP growth is
ambiguous.
Date of Award2012
Original languageAmerican English
Awarding Institution
  • Eastern Illinois University
SupervisorAhmed Abou-Zaid (Supervisor)

ASJC Scopus Subject Areas

  • Economics and Econometrics

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