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Applied Economics Letters Volume 8, 2001 - Issue 12
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Original Articles

The inflation/growth relationship: evidence from state panel data

David C. Black
,
Michael R. Dowd
&
Kristen Keith
Pages 771-774 | Published online: 06 Oct 2010
 
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Abstract

Employing US state data, a positive correlation is found between inflation and growth during the 1980s, accompanied by a downward trend in inflation. During the 1960s and 1970s, a negative correlation was accompanied by an upward trend in inflation.

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