Inflation and Investment in the United States
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| Format: | Artículo científico |
| Sprache: | en |
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Universidad Nacional Autónoma de México
2005
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| author | H. Sonmez Atesoglu |
| author_facet | H. Sonmez Atesoglu |
| contents | Inflation and Investment in the United States H. Sonmez Atesoglu Economía y Finanzas In this article the empirical relation between inflation and investment spending isexamined using quarterly United States data. Findings indicate a positive cointegrationrelation between inflation and investment spending. The findings do not support theview that inflation hampers investment. The results suggest that, in the long-run,lowering of inflation may lead to a small reduction in real investment in the UnitedStates. These results raise doubts on arguments for low-inflation targeting policy viewfor the United States that are based on a negative relation between inflation and realinvestment. 2005 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60125201 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.252 Vol.LXIV |
| format | Artículo científico |
| id | redalyc_60125201 |
| institution | Redalyc |
| language | en |
| publishDate | 2005 |
| publisher | Universidad Nacional Autónoma de México |
| spellingShingle | Inflation and Investment in the United States H. Sonmez Atesoglu Economía y Finanzas Inflation and Investment in the United States H. Sonmez Atesoglu Economía y Finanzas In this article the empirical relation between inflation and investment spending isexamined using quarterly United States data. Findings indicate a positive cointegrationrelation between inflation and investment spending. The findings do not support theview that inflation hampers investment. The results suggest that, in the long-run,lowering of inflation may lead to a small reduction in real investment in the UnitedStates. These results raise doubts on arguments for low-inflation targeting policy viewfor the United States that are based on a negative relation between inflation and realinvestment. 2005 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60125201 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.252 Vol.LXIV |
| title | Inflation and Investment in the United States |
| topic | Economía y Finanzas |
| url | https://www.redalyc.org/articulo.oa?id=60125201 |