Moreira, Ricardo Ramalhete; Monte, Edson Zambon; … - In: Journal of applied economics 21 (2018) 1, pp. 67-83
We applied the fractional integration approach to measure inflation deviation inertia in an emerging economy under an … inflation targeting regime, as well as to control for potential determinants of such a deviation. We did not base our analysis … on typical unit root tests, as we identified a long-memory behavior in inflation deviation. Such a non …
