Jouini, J.; Boutahar, M. - In: Applied Economics Letters 10 (2003) 15, pp. 985-988
The selection procedure of Bai and Perron (Econometrica, 1998, 66, 47-78), based on a sequence of tests for multiple structural changes, is used to explore the empirical evidence of the instability by selecting the number of breaks and their locations for the post-war monthly U.S. inflation...