 | Estimating The Inflation–Growth Nexus—A Smooth Transition Model Author/Editor: Raphael A. Espinoza, Ananthakrishnan Prasad, Gene L. Leon. Release Date:March, 2010 Motivated by the global inflation episode of 2007-08 and concern that high levels of inflation could undermine growth, this paper uses a panel of 165 countries and data for 1960-2007 to revisit the more...
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 | Price Volatility and Financial Instability Author/Editor: Gene L. Leon, Rupert Worrell. Release Date:May, 2001 Statistical measures of the volatility of exchange rates, interest rates, and stock prices are estimated for a number of countries. Periods of high volatility are identified and compared with periods more...
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