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such level shifts are not unlikely for inflation, where the shifts may be caused by sudden oil price shocks, we examine …A key application of long memory time series models concerns inflation. Long memory implies that shocks have a long … whether evidence for long memory (indicated by the relevance of an ARFIMA model) in G7 inflation rates is spurious or …
Persistent link: https://www.econbiz.de/10014184339
Persistent link: https://www.econbiz.de/10003179674
price elasticities, the cumulative promotional price elasticity and the long-run regular price elasticity are correlated … price promotions. Brands in categories that are characterized by high price differentiation and that constitute a lower … share of budget are less sensitive to price discounts. Deep price discounts turn out to increase the immediate price …
Persistent link: https://www.econbiz.de/10014027477
For many developing countries, historical inflation figures are rarely available. We propose a simple method that aims … to recover such figures of inflation using prices of postage stamps issued in earlier years. We illustrate our method for … Suriname, where annual inflation rates are available for 1961 until 2015, and where fluctuations in inflation rates are …
Persistent link: https://www.econbiz.de/10011854870
For many developing countries, historical inflation figures are rarely available. We propose a simple method that aims … to recover such figures of inflation using prices of postage stamps issued in earlier years. We illustrate our method for … Suriname, where annual inflation rates are available for 1961 until 2015, and where fluctuations in inflation rates are …
Persistent link: https://www.econbiz.de/10012610987
such level shifts are not unlikely for inflation, where the shifts may be caused by sudden oil price shocks, we examine …A key application of long memory time series models concerns inflation. Long memory implies that shocks have a long … whether evidence for long memory (indicated by the relevance of an ARFIMA model) in G7 inflation rates is spurious or …
Persistent link: https://www.econbiz.de/10005612952
such level shifts are not unlikely for inflation, where the shifts may be caused by sudden oil price shocks, we examine …A key application of long memory time series models concerns inflation. Long memory implies that shocks have a long … exaggerated. Our main findings are that apparent longmemory is quite resistant to level shifts, although for a few inflation rates …
Persistent link: https://www.econbiz.de/10011283465
Persistent link: https://www.econbiz.de/10000805882
Persistent link: https://www.econbiz.de/10003825057
Persistent link: https://www.econbiz.de/10000984706