The detection and measurement of the level of persistence on aggregate and disaggregate private consumption in Italy … concluded that that one cannot reject the presence of a significant process of persistence in aggregate and disaggregate … consumption in the three countries, even though each one displaying different levels of persistence. In particular, durables …

persistence is a common feature for inflation series. Note that neglecting the existence of additive outliers may possibly biased …This paper considers the application of long memory processes to describe inflation with seasonal behaviour. We use … inflation rates of four different countries, USA, Canada, Tunisia, and South Africa. The analysis is carried out using the …

The concept of NAIRU summarized the observed negative correlation between the unemployment rate and the inflation rate …

Much of the US inflation forecasting literature deals with examining the ability of macroeconomic indicators to predict … the mean of future inflation, and the overwhelming evidence suggests that the macroeconomic indicators provide little or … no predictability. In this paper, we expand the scope of inflation predictability and explore whether macroeconomic …

autoregressive model for the inflation rate. By construction, our approach avoids a number of problems related to the GMM estimation …, inflation persistence turns out to be intrinsic rather than inherited from a persistent driving process. …We propose an estimation method of the new Keynesian Phillips curve (NKPC) based on a univariate noncausal …

The paper deals with the detection and measurement of the level of persistence on aggregate private consumption in … persistence shown by the consumption in Portugal can be beneficial for the effectiveness of the countercyclical fiscal and …

This paper examines the presence of nonlinear mechanisms in the exchange rate pass-through (ERPT) to CPI inflation for … three macroeconomic factors, namely inflation rate, exchange rate fluctuations and business cycle. Our results reveals that … exchange rate transmission is higher when inflation rate surpass some threshold. We give a supportive evidence to the Taylor …

This paper employs a new econometric technique to estimate the core inflation in Turkey measured as the shifting means … find that there are at least three shifts in the inflation series. The findings help detect the exact dates of the shifts … between different inflation regimes and the duration of each shift, which should be important information in evaluating the …

In this paper, we study some empirical issues in the estimation of a New-Keynesian Phillips curve for Tunisia. In this … the sensitivity of the Phillips curve estimation to some empirical speci�cations. It includes the measures to be used for … the output gap variable, as well as the implementation of the generalized method of moments for the estimation of this …

The study critically analyzed the dynamic and simultaneous inter-relationship between inflation and its determinants in … root test and the result reveals that inflation rate, growth rate of real output and money supply, and real share of Fiscal … inflation and its determinants were examined usig the Augmented Engle-Granger (AEG) cointegration test and Error Correction …