-zone inflation rates are stationary and others are regime-wise stationary. While such results may reconcile some of the literature …

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

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

We study the dynamics of inflation persistence in 45 countries for the period 1960-2008. We use a nonparametric unit … inflation data, and a test for multiple changes in persistence, which decomposes the sample information between adjacent I(0 …) and I(1) periods. We find that (1) With very few exceptions, inflation around the world rejects a unit root, (2) for …

We examine both the degree and the structural stability of inflation persistence at different quantiles of the … conditional inflation distribution. Previous research focused exclusively on persistence at the conditional mean of the inflation … rate. As economic theory provides reasons for inflation persistence to differ across conditional quantiles, this is a …

We examine both the degree and the structural stability of inflation persistence at different quantiles of the … conditional inflation distribution. Previous research focused exclusively on persistence at the conditional mean of the inflation … rate. As economic theory provides reasons for inflation persistence to differ across conditional quantiles, this is a …

, instead of the current fiscal policies, then the Turkish economy attains a lower budget deficit, inflation and interest rates …