cyclical fluctuation in inflation may be confused for a shift in the trend component. Bayesian estimation reveals that there …This paper seeks to document and explain the effect of a commodity price shock on underlying core inflation, and how … across many countries there was a break in the response of core inflation to a commodity price shock. In an earlier period, a …

This paper analyses trends and persistence in atmospheric pollution in ten US cities over the period from January 2014 …

This paper provides evidence on the degree of persistence of one of the key components of the CAPM, namely the market …. There is also evidence that in the case of the US the degree of persistence has changed as a results of various events; this …

analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …Regarding inflation as being a monetary phenomenon in the long-run is a widely-held view in modern macro economics. We …. Moreover, parameter restrictions for the long-run relationships implied by the monetary theory are tested. Country specific P …

analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …Regarding inflation as being a monetary phenomenon in the long-run is a widely-held view in modern macro economics. We …. Moreover, parameter restrictions for the long-run relationships implied by the monetary theory are tested. Country specific P …

This paper examines four unresolved issues regarding the effects of GDP and inflation on financial development: (i …-linear? (iii) Does financial development vary with inflation rates? (iv) Does inflation moderate the effect of GDP on financial …, and the relationship is non-linear in over 60% of the countries. The authors also reveal that inflation has a negative …