Inflation persistence and nonlinearities in Central and Eastern European countries
AbstractIn this paper we provide an insight into the inflation dynamics in a panel of Central and Eastern European countries. Applying unit root tests and allowing for nonlinearities, we show that inflation rates in more than half of these countries are stationary.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 106 (2010)
Issue (Month): 2 (February)
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Web page: http://www.elsevier.com/locate/ecolet
Inflation persistence Unit roots Nonlinearities;
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