This paper examines long-range dependence in the inflation rates of the G7 countries by estimating their (fractional …

America, Asia and MENA). It covers the period 1979-2004, and carries out second-generationʺ tests for non-stationary panels … integration ; misalignment ; second-generation panel unit-root and cointegration tests …

In July 1997, the economies of East Asia became embroiled in one of the worst financial crises of the postwar period …

This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that … evolution over time. On the whole, the evidence suggests that the degree of persistence of UK inflation has been relatively …-Bretton Woods changes in UK inflation are attributable to a fall in the volatility of permanent shocks. …

interdependency of national monetary policies, which is sometimes measured by the degree of inflation transmission across borders. In … this paper, we examine how inflation rates in two small open economies, namely Hong Kong and Singapore, interact with those … model is used to study the inflation dynamics. It is found that Hong Kong and Singapore inflation rates, but not the U …

How does competition affect information acquisition of firms and thus the response of inflation and output to monetary … uncertainty about inflation as a non-targeted moment. …

networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more … intermediate inputs for economies in the Asia-Pacific region and examine the impact on domestic producer prices of changes in costs … price dynamics in the Asia-Pacific region. …

exhibit a higher degree of persistence, which reflects relatively long lags between inflation and wage adjustments. Endogenous …

concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to … which "observed" inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our … persistence of the aggregate inflation. -- aggregation ; large dynamic panels ; long memory ; weak and strong cross section …

grouped into three regions (Latin America, Asia and MENA). Our findings suggest that different types of shocks (external, real …