Inflation anchoring and growth: the role of credit constraints

DOI10.1016/J.JEDC.2021.104279OpenAlexW3215313667MaRDI QIDQ2115949FDOQ2115949

Prakash Loungani, Myungkyu Shim, Davide Furceri, Sangyup Choi

Publication date: 15 March 2022

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://www.cb.cityu.edu.hk/ef/doc/GRU/WPS/GRU%232020-032%20Choi.pdf

zbMATH Keywords

difference-in-differencescredit constraintsinflation forecastscentral bank independenceindustry growthinflation anchoring

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Cites Work

• Biases in Dynamic Models with Fixed Effects
• Title not available (Why is that?)
• Optimal contracts and competitive markets with costly state verification
• Identification and Inference for Econometric Models
• A Theory of Debt Based on the Inalienability of Human Capital
• R&D AND ECONOMIC GROWTH IN A CASH‐IN‐ADVANCE ECONOMY
• Irreversibility of R\&D investment and the adverse effect of uncertainty: Evidence from the OECD countries

Cited In (5)

• Inflation targeting and firm performance in developing countries
• Are government spending shocks inflationary at the zero lower bound? New evidence from daily data
• A NOTE ON THE ANCHORING EFFECT OF EXPLICIT INFLATION TARGETS
• Credit and inflation under borrower's lack of commitment
• Credit constraints and GDP growth: evidence from a natural experiment

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