Whittle estimation method, the research examines the longmemory properties of headline inflation through monthly data from … January 1996 to January 2023. The study expands upon existing knowledge of inflation persistence by exploring its changes and … the various patterns of inflation persistence in Europe. The findings reveal significant differences in the persistence of …

The estimation of inflation volatility is important to Central Banks as it guides their policy initiatives for … Heteroscedasticity (GARCH) family with a view to providing a parsimonious approximation to the dynamics of Nigeria's inflation volatility … for food CPI. The results are quite revealing. Firstly, model outcomes indicate high persistence parameters for the core …

inflation volatility.Also, causality tests results indicate that changes in the exchangerate, output gap volatility, and output … gap will have permanent andtemporary causal effects on inflation volatility. The policymakersshould carefully consider … these results to implement appropriatepolicies to reduce inflation volatility. The finding that the shocks areof temporary …

This chapter examines the concept of inflation persistence in macroeconomic theory. It begins by defining persistence … persistence from the literature on imperfect information models, learning models, and so-called “trend inflation models … — emphasizing the difference between reduced-form and structural persistence. It then examines a number of empirical measures of …

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 …

In this paper, we explore machine learning (ML) methods to improve inflation forecasting in Brazil. An extensive out … identify the key variables to predict inflation, thus helping to open the ML black box. Despite the evidence of no universal … of mean-squared error. Moreover, the results indicate the existence of nonlinearities in the inflation dynamics, which …