Working Paper Nonparametric and Semiparametric Evidence on the Long-Run Effects of Inflation on Growth Kiel Working Papers, 1286 KWP_1286 In this paper we adopt both a nonparametric and a semi-parametric IV estimator to show that the relationship between inflation and output growth is non-linear and that there exists a threshold level below which inflation has no effects on growth. Authors Stefano Schiavo Andrea Vaona Info Publication Date 07/2006 JEL Classification E31, O49, C14 Key Words Growth Inflation