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Testing for breaks in inertia: an alternative approach

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  • Ricardo Gottschalk

Abstract

This paper tests for breaks in inflation inertia. It proposes an alternative method that can be relied upon when inflation follows a stationary process that fluctuates around a segmented deterministic trend. This method is then applied to the Brazilian case.

Suggested Citation

  • Ricardo Gottschalk, 2003. "Testing for breaks in inertia: an alternative approach," Applied Economics Letters, Taylor & Francis Journals, vol. 10(3), pages 161-163.
    • Handle: RePEc:taf:apeclt:v:10:y:2003:i:3:p:161-163
    DOI: 10.1080/1350485022000044048
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    Cited by:

    1. Valera, Harold Glenn A. & Holmes, Mark J. & Hassan, Gazi M., 2017. "How credible is inflation targeting in Asia? A quantile unit root perspective," Economic Modelling, Elsevier, vol. 60(C), pages 194-210.
    2. Tianfeng Li & June Wei, 2015. "Multiple Structural Breaks and Inflation Persistence: Evidence from China," Asian Economic Journal, East Asian Economic Association, vol. 29(1), pages 1-20, March.
    3. Vera Barinova, 2012. "Institutional Conditions for Innovative Development of a Firm," Published Papers 170, Gaidar Institute for Economic Policy, revised 2013.

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