Persistence in International Inflation Rates
نویسندگان
چکیده
منابع مشابه
Persistence in International Inflation Rates
We test for fractional dynamics in CPI-based inflation rates for twenty-seven countries and WPI-based inflation rates for twenty-two countries. The fractional differencing parameter is estimated using semiparametric and approximate maximum likelihood methods. Significant evidence of fractional dynamics with long-memory features is found in both CPIand WPI-based inflation rates for industrial as...
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ژورنال
عنوان ژورنال: Southern Economic Journal
سال: 1999
ISSN: 0038-4038
DOI: 10.2307/1061283