Narayan, Paresh Kumar - In: Economic Modelling 36 (2014) C, pp. 378-382
accounts for multiple structural breaks. We find strong evidence of panel stationarity of the inflation rate. However, for a … structural breaks. We find that except for Burkina Faso, Burundi and Gambia, the inflation rate is stationary for the rest of the … period 1966 to 2002. We use the Kwiatkowski, Phillips, Schmidt and Shin (KPSS, 1992) univariate test and allow for multiple …