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- W1969103497 abstract "This paper considers the existence of a path of GDP corresponding to steady inflation in the prices of domestic goods. We estimate the steady inflation rate of growth, denoted the SIRG, at a little over 4 per cent p.a. in the post-float period in Australia. Changes in inflation are modelled as a nonlinear combination of growth and changes, in import price inflation. Because import price inflation is more volatile than overall inflation, policy that targets overall inflation may require growth to fluctuate considerably, whereas growth can be steady if the target is steady inflation of domestic goods' prices." @default.
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- W1969103497 date "2000-12-01" @default.
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- W1969103497 title "The Steady Inflation Rate of Economic Growth" @default.
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- W1969103497 doi "https://doi.org/10.1111/j.1475-4932.2000.tb00035.x" @default.
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