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THE RELATIONSHIP BETWEEN INFLATION AND GDP GROWTH

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THE RELATIONSHIP BETWEEN INFLATION AND GDP GROWTH

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June 21, 2023
Number of pages
9
Written in
2022/2023
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Class notes
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Lucas
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THE RELATIONSHIP
BETWEEN INFLATION
AND GDP GROWTH
Presented By:

, INTRODUCTION
Over the years, it is evident that various theoretical and empirical findings
have emerged that tend to provide a determination concerning the relationship
between inflation and GDP growth. As a result, to distinguish the relationship
between inflation and GDP growth, there is the consideration by Friedman that a
rise in nominal inflation is associated with inflation and growth uncertainties. On
the other hand, a group of researchers studies the relationship between the two
variables without factoring in inflation and growth uncertainties.

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