Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/10176
Title: | Modelling African inflation rates: nonlinear deterministic terms and long-range dependence |
Authors: | Caporale, GM Carcel, H Gil-Alana, LA |
Keywords: | Social Sciences;Economics;Business & Economics;nonlinear models;Africa;fractional integration;E31;C22;MEMORY |
Issue Date: | 2015 |
Publisher: | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD |
Citation: | APPLIED ECONOMICS LETTERS, 22:5, pp. 421 - 424, 2015 |
Abstract: | This paper estimates a fractional integration model with non-linear deterministic trends for the inflation rates of five African countries. The results indicate that non-linearities are present in the case of Angola and Lesotho, but not in Botswana, Namibia and South Africa. Moreover, the degrees of differentiation are higher in the latter group of countries. |
URI: | http://www.tandfonline.com/doi/abs/10.1080/13504851.2014.946181#.VNnw9XZFDL8 http://bura.brunel.ac.uk/handle/2438/10176 |
DOI: | http://dx.doi.org/10.1080/13504851.2014.946181 |
ISSN: | 1350-4851 |
Appears in Collections: | Dept of Economics and Finance Research Papers |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Fulltext.doc | 92 kB | Microsoft Word | View/Open |
Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.