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Financial Liberalization and a Possible Growth-Inflation Trade-Off
The negative relationship between growth and inflation is well-documented in the literature. However, recent evidences tend to indicate of a possible growth-inflation trade-off. This paper provides a theoretical explanation to the above mentioned empirical contradiction. To validate our point, we de...
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| Формат: | Journal Article |
| Опубликовано: |
India Economic Review
2009
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