Hanif, Muhamad Nadim; Malik, Muhamad Jahanzeb; Iqbal, Javed - Volkswirtschaftliche Fakultät, … - 2012
This study estimates degree of intrinsic inflation persistence in Pakistan using aggregate price index, group level … price indices, and individual commodity prices. We find no evidence of a unit root in (MoM) inflation at any level, except … for house rent. Using monthly data from 1959 to 2011 we find that the estimate of (overall) inflation persistence is 0 …