The effcts of Rate And variability of Inflation on Output Growth Variability: Evidence from selected Countries

Abstract

The effects of rate and variability inflation on output growth variability has has been investigated in this paper. The paper concludes that there exists no significant relationship between inflation rate and/or its variability and output growth variability in most of the cases. The results more or less remains the same when we introduced the lagged dependent variable and also in the case of pooling the data possibily due to the similar socio-economic structure of the economies included in the sample