Plakandaras, Vasilios; Gogas, Periklis; Gupta, Rangan; … - Department of Economics, Democritus University of Thrace - 2015
In this paper we evaluate inflation persistence in the U.S. using long range monthly and annual data. The importance of … inflation persistence is crucial to policy authorities and market participants, since the level of inflation persistence … found in the relevant literature, we evaluate inflation persistence through the nonparametric Hurst exponent within both a …
