This paper examines persistence, structural breaks and non-linearities in the case of five European stock market …

exhibit a higher degree of persistence, which reflects relatively long lags between inflation and wage adjustments. Endogenous … subsample estimates imply an increase over time in the degree of persistence of both series. …

This paper uses fractional integration methods to examine persistence, trends and structural breaks in US house prices …

This paper examines persistence in tax revenues in a set of 21 OECD countries over the period 1965-2021 using long …, Finland, Spain, Sweden and USA). The analysis is also carried out for inflation in the same set of countries. Again the I(1 …, stronger evidence of mean reversion is found for the differences between the three original tax series and inflation compared …

This paper studies factors behind inflation dynamics in the euro area, the UK and the US. It introduces a factor … inflation in the three economies. The FAVAR model framework is also applied to study the effects on inflation subcomponents in … the more recent past. The FAVAR models suggest that headline inflation in the three economies has reacted in a relatively …

evidence of autonomous variance breaks and inflation gap persistence. Through a real-time out-of-sample forecasting exercise …This paper revisits inflation forecasting using reduced-form Phillips curve forecasts, that is, inflation forecasts … inflation, a host of real-activity data, term structure data, nominal data, and surveys. In each individual specification, we …

This paper studies inflation persistence with time-varying coefficient autoregressions for twelve central European … countries,in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high … inflation. Since the oil price shocks, inflation persistence has declined both in the US and euro-area. In most central and …

model .fits the data well, and the results suggest that inflation persistence follows from future expectations. Persistence …We propose a noncausal autoregressive model with time-varying parameters, and apply it to U.S. postwar inflation. The … curve indicate that current inflation also depends on past inflation although future expectations dominate. The implied …