Growth-Inflation Trade-off-Empirical Estimation of Threshold Rate of Inflation for India

Empirical Estimation of Threshold Rate of Inflation for India R Kannan Himanshu Joshi The empirical analysis of growth-inflation trade-off has received keen attention in macro-economic research in the recent years. Even as it is generally argued that inflation is not good for growtht some investigators have pointed out that the negative effect is pronounced and serious only if inflation breaches its specific threshold rate for a country in question.