01812cas a2200253 a 4500 AALejournalIMF007728 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451853339 1018-5941 BD-DhAAL BD-DhAAL Senhadji, Abdelhak. Threshold Effects in the Relationship Between Inflation and Growth / Abdelhak Senhadji, Mohsin Khan. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reexamines the issue of the existence of threshold effects in the relationship between inflation and growth, using new econometric techniques that provide appropriate procedures for estimation and inference. The threshold level of inflation above which inflation significantly slows growth is estimated at 1-3 percent for industrial countries and 7-11 percent for developing countries. The negative and significant relationship between inflation and growth, for inflation rates above the threshold level, is quite robust with respect to the estimation method, perturbations in the location of the threshold level, the exclusion of high-inflation observations, data frequency, and alternative specifications. Mode of access: Internet Khan, Mohsin. IMF Working Papers; Working Paper ; No. 2000/110 Full text available on IMF http://elibrary.imf.org/view/journals/001/2000/110/001.2000.issue-110-en.xml IMF e-Library