This paper examines long-range dependence in the inflation rates of the G7 countries by estimating their (fractional …

model together with long memory are used to examine these features in inflation series for three economies. The results … which compares favourably with that of van Dijk et al. (2002) elicit some interesting attributes of inflation in the …

, linking nominal interest rates to inflation; however, there is no evidence of the full adjustment of the former to the latter …

, linking nominal interest rates to inflation; however, there is no evidence of the full adjustment of the former to the latter …

A key application of long memory time series models concerns inflation. Long memory implies that shocks have a long … such level shifts are not unlikely for inflation, where the shifts may be caused by sudden oil price shocks, we examine … whether evidence for long memory (indicated by the relevance of an ARFIMA model) in G7 inflation rates is spurious or …

ability to describe the US inflation data. Specifically, the model allows for long memory in the conditional mean formulation … yields a good description of the salient features, including skewness and heteroskedasticity, of the US inflation data …

wealth. Domestic price inflation is affected by imported inflation including currency depreciation (a pass through effect …

This paper examines persistence in Turkish inflation rates using data from consumer and wholesale price indices. The … inflationary process in Turkey is believed to be highly inertial, which should lead to strongly persistent inflation series …. Persistence of seventy-five inflation series at various aggregation levels are examined by estimating models that allow long …