This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that … evolution over time. On the whole, the evidence suggests that the degree of persistence of UK inflation has been relatively … detect any shifts in the degree of persistence, and also run rolling-window and recursive regressions to investigate its …

We investigate the empirics of the persistence in the inflation series for 13 OECD countries that use an inflation … inflation persistence across the inflation targeting countries, (iv) about half of the countries in the sample persistence … experience significantly lower persistence in the inflation targeting period, (v) in the inflation targeting period all inflation …

This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that … evolution over time. On the whole, the evidence suggests that the degree of persistence of UK inflation has been relatively … detect any shifts in the degree of persistence, and also run rolling-window and recursive regressions to investigate its …

This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that … evolution over time. On the whole, the evidence suggests that the degree of persistence of UK inflation has been relatively … detect any shifts in the degree of persistence, and also run rolling-window and recursive regressions to investigate its …

and persistence, especially in the case of CPI. Since the two variables have different degrees of integration in each of …

We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK inflation in the 1970s. We confront …