Recent evidence shows that different inflation rates have effects on long-run economic
growth. We follow the increasing interest in the issue offering a new explanation for the …

This study analyzes the effects of inflation on intra‐and intercounty wage inequality,
specialization, and growth, using a North–South endogenous growth model with …

This study incorporates endogenous human capital into a monetary Schumpeterian model
with endogenous market structure. We find that endogenous human capital leads to …

We study the real long‐run effects of the structural stance of monetary policy and of inflation,
in the context of a monetary growth model where R&D is complemented with physical capital …

What is the effect of inflation on growth? There is no consensus in existing empirical
literature. This study argues that the effect may be inverted-U shaped. Using panel data for …

I provide evidence of substantial hysteresis (ie, a situation in which temporary shocks have
longrun effects) from monetary shocks on two sources of endogenous growth; human capital …

We develop a directed technical change growth model with both public and private sectors.
Due to the COVID-19 pandemic, labor productivity and R &D activity in the private sector are …

We developed a directed technical change growth model with two stylized (European)
countries. Although Covid19 had several economic implications, it caused a negative …

This study explores a novel channel for monetary policy to impact growth and welfare—
through fertility choice. In a scale-invariant Schumpeterian growth model with endogenous …

In this survey, we provide a selective review of the literature on inflation, innovation, and
economic growth. The relationship between economic growth and inflation is a fundamental …