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May/June 1996, 
Vol. 78, No. 3
Posted 1996-05-01

Inflation and Growth: In Search of a Stable Relationship

by Michael Bruno and William Easterly

The authors characterize the literature on inflation and growth. Aware of the limits of their comparative advantage, they do not intend to do a general survey of the literature. Instead, they look at the aspects of the literature that motivated them to pursue one particular angle in their own recent work: the behavior of growth before, during, and after discrete high inflation crises.