Laurini, Márcio Poletti - In: Journal of statistical and econometric methods 2 (2013) 2, pp. 51-83
In this article we model the inflationary inertia in Brazil, as measured by the monthly series of IPCA (Aggregate Consumer Prices Index), for the period of inflationary transition from August of 1994 until January of 2003. The concept of inflationary inertia is defined as the value of the first...