Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2009
, Italy and the UK). The empirical results suggest that inflation in France and Italy is nonstationary. However, while for the … former country this applies both to the zero and the seasonal frequencies, in the case of Italy the nonstationarity comes … both the zero and the semi-annual frequencies, especially at the former. -- Fractional integration ; long memory …