and persistence, especially in the case of CPI. Since the two variables have different degrees of integration in each of … find that the only significant relationship implies the existence of a lagged effect of prices on output in the case of the …

and persistence, especially in the case of CPI. Since the two variables have different degrees of integration in each of … find that the only significant relationship implies the existence of a lagged effect of prices on output in the case of the …

processes, and provide information about the persistence and long-memory properties of the series and thus on whether or not the …

of persistence in the data. Both appear to be mean-reverting, although the stochastic trend is nonstationary whilst the …

of persistence in the data. Both appear to be mean-reverting, although the stochastic trend is nonstationary whilst the …

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

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