Does Inflation Volatility Affect Economic Growth? Evidence from Developed and Developing Economies

This study examines the impact of inflation volatility on GDP growth across selected developed (Japan, USA) and developing (India, Nigeria) economies over the period 2010–2024. Using annual macroeconomic data from the World Bank, inflation volatility is measured as the 3-year and 5-year rolling standard deviations of consumer price inflation, while annual inflation rates are included to control for level effects. The analysis employs a fixed-effects panel regression framework in Stata to estimat