Number of the records: 1
Inflation, investment and growth: a money and banking approach
- 1.0359867 - NHÚ 2012 RIV GB eng J - Journal Article
Gillman, M. - Kejak, Michal
Inflation, investment and growth: a money and banking approach.
Economica. Roč. 78, č. 310 (2011), s. 260-282. ISSN 0013-0427. E-ISSN 1468-0335
R&D Projects: GA MŠMT LC542
Institutional research plan: CEZ:AV0Z70850503
Keywords : inflation * investments * economic development
Subject RIV: AH - Economics
Impact factor: 1.152, year: 2011
Output growth, investment and the real interest rate in long-run evidence tend to be negatively affected by inflation. Theoretically, inflation acts as a human capital tax that decreases output growth and the real interest rate, but increases the investment rate, opposing evidence.
Permanent Link: http://hdl.handle.net/11104/0197564
Number of the records: 1