Summary-Table (all).docx

Inflation rate and economic growth is nonlinear in

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inflation rate and economic growth is nonlinear. -In addition, below the threshold level, there is a statistically significant positive relationship between inflation rate and growth. Ashutosh, B. (2016) Effect of Inflation of India and United States on USD-Rupee Relationship Variables: -Inflation -Interest Rates -Currency exchange value Source: Stock/Share Market Investing TP: 1986-2015 Multiple Correlation analysis, Regression analysis -At last the result which came is that inflation of both India and United states significantly affects the value of Rupee against US Dollars. -Inflation and Interest Rate difference makes the USD more lucrative for Speculators and Arbitrageurs. Jaganath, B. (2014) Inflation and Its Impact on Economic Growth: Evidence from Six South Asian Countries Variables: -Inflation -Economic Growth Source: World Economic Outlook (WEO), German Statistiches Bundesamt (1990), IMF international financial statistics TP:1980-2013 Error Correction test, Unit Root Test, Cointegration Test, Granger Causality, -There is high positive correlation exist between inflation and economic for all the countries. -There is a long run relationship exists for Malaysia. However, the rest of the countries have no long run relation between inflation and economic growth.
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Nguyen, V, B. (2015) Effect of fiscal deficit and money M2 supply on inflation: Evidence from selected economies of Asia Variables: -Inflation -Growth rate Source: Asian Development Bank TP:1985-2012 PMG estimator, Dynamic panel GMM estimation, unit root tests, Correlation coefficient, Descriptive statistics -The estimated results show that broad money M2 supply has significantly positive impact on inflation only in the method of PMG estimation whereas fiscal deficit, government expenditure and interest rate are the statistically significant determinants of inflation in both methods of estimation. Anthony J.M, Alex Robson, and Shyama R. (2017) Missing Money Found Causing Australia’s inflation -excess currency growth -inflation -money supply growth Source: Australian Bureau of Statistics TP: 1970-2015 - Quandt-Andrews (QA) unknown breakpoint test - Bai- Perron (BP) multiple break point test - Augmented Dickey - Fuller (ADF) test - Philips Peron (PP) test - Generalized Augmented Dickey Fuller test (GLS-ADF) -Australia's excess currency growth had a strong, significant, almost one to one (0.94%) relationship with inflation before inflation targeting began in 1992. Kabukcuoglu, A. and Martinez-Garcia, E. (2017) Inflation as a Global Phenomenon – Some Implications for inflation modelling and forecasting -Aggregate economic activity -Global slack -Domestic slack Source: U.S. Bureau of Economic Analysis TP: 1984-2015 MSFE test -Most of the gains achieved in forecasting accuracy should be attributed primarily to the contribution of global inflation -Hence, although our findings are
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