We apply both classical and Bayesian econometric methods to characterize the dynamic behavior of inflation for twelve industrial countries over the period 1984-2003, using four different price indices for each country. In particular, we estimate a univariate autoregressive (AR) model for each...

Over the last number of years, the German airline Air Berlin has experienced impressive double-digit growth rates measured by the increased number of passengers and revenue. Consequently, Air Berlin is now the second largest airline in Germany after Lufthansa, and the third largest low-fares...