This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that … evolution over time. On the whole, the evidence suggests that the degree of persistence of UK inflation has been relatively … detect any shifts in the degree of persistence, and also run rolling-window and recursive regressions to investigate its …

the Phillips curve over time. We consider different specifications and different measures for inflation. Furthermore, we … include stochastic volatility for the observation errors. Our estimation results are based on practical Bayesian state space ….S. headline inflation has remained empirically relevant over the years. …

We investigate the empirics of the persistence in the inflation series for 13 OECD countries that use an inflation … inflation persistence across the inflation targeting countries, (iv) about half of the countries in the sample persistence … experience significantly lower persistence in the inflation targeting period, (v) in the inflation targeting period all inflation …

This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that … evolution over time. On the whole, the evidence suggests that the degree of persistence of UK inflation has been relatively … detect any shifts in the degree of persistence, and also run rolling-window and recursive regressions to investigate its …

This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that … evolution over time. On the whole, the evidence suggests that the degree of persistence of UK inflation has been relatively … detect any shifts in the degree of persistence, and also run rolling-window and recursive regressions to investigate its …

, particularly at 12 months. We find that this autocorrelation in monthly inflation leads to significant persistence in the headline …In this paper we model monthly UK inflation and find that there is some small but significant autocorrelation … annual inflation figure. A one-off shock to monthly inflation will have an effect on the headline figure equal to 10% of the …