We apply classical econometric method to characterize the dynamic behavior of the quarter-on-quarter inflation over the … inflation series and as well as for the consumer price inflation at representative product groups level, taking into account the … influence of structural breaks in the mean of inflation on the level of persistence. We find strong evidence for a break in the …

We use cointegration tests that determine endogenously the regime shift to test for bilateral inflation rate … breaks, only for seven of the fourteen countries examined we find evidence of a long run relationship between their inflation … rates and the German inflation rate. In contrast, our innovative approach provides strong evidence in favour of such …

recent advances in precision-based algorithms, is developed. Our results for several measures of U.S. inflation indicate that … estimates of trend inflation. …

-order) spatial autoregressive models. Moreover, an estimation procedure based on the maximum-likelihood principle is introduced and …

This paper investigates the question of whether there exists evidence in support of inflation convergence within the … European Union. The analysis also focuses on whether the Exchange Rate Mechanism (ERM) helped to accelerate inflation …

model together with long memory are used to examine these features in inflation series for three economies. The results … which compares favourably with that of van Dijk et al. (2002) elicit some interesting attributes of inflation in the …