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http://bura.brunel.ac.uk/handle/2438/24284Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Caporale, GM | - |
| dc.contributor.author | Gil-Alana, LA | - |
| dc.contributor.author | Poza, C | - |
| dc.date.accessioned | 2022-03-18T15:14:11Z | - |
| dc.date.available | 2022-03-18T15:14:11Z | - |
| dc.date.issued | 2022-04-05 | - |
| dc.identifier | ORCID iD: Guglielmo Maria Caporale https://orcid.org/0000-0002-0144-4135 | - |
| dc.identifier.citation | Caporale, G.M., Gil-Alana, L.A. and Poza, C. (2022) 'Inflation in the G7 countries: persistence and structural breaks', Journal of Economics and Finance, 46 (3), pp.493 - 506 . doi: 10.1007/s12197-022-09576-w. | en_US |
| dc.identifier.issn | 1055-0925 | - |
| dc.identifier.uri | https://bura.brunel.ac.uk/handle/2438/24284 | - |
| dc.description.abstract | Copyright © The Author(s) 2022. This paper examines long-range dependence in the inflation rates of the G7 countries by estimating their (fractional) order of integration d over the sample period January 1973—March 2020. The results indicate that the series are very persistent, the estimated value of d being equal to or higher than 1 in all cases. Possible non-linearities in the form of Chebyshev polynomials in time are ruled out. Endogenous break tests are then carried out, and the degree of integration is estimated for each of the subsamples corresponding to the detected break dates. Significant differences are found between subsamples and countries in terms of the estimated degree of integration of the series, which is likely to be related to the reputation and credibility of the monetary authorities. | - |
| dc.description.sponsorship | MINEIC-AEI-FEDER PID2020-113691RB-I00 project from ‘Ministerio de Economía, Industria y Competitividad’ (MINEIC); `Agencia Estatal de Investigación' (AEI) Spain and `Fondo Europeo de Desarrollo Regional' (FEDER); Internal Projects of the Universidad Francisco de Vitoria. | en_US |
| dc.format.extent | 493 - 506 | - |
| dc.format.medium | Print-Electronic | - |
| dc.language.iso | en | en_US |
| dc.publisher | Springer Nature on behalf of Academy of Economics and Finance | en_US |
| dc.rights | Copyright © The Author(s) 2022. Rights and permissions: Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit https://creativecommons.org/licenses/by/4.0/. | - |
| dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | - |
| dc.subject | inflation rates | en_US |
| dc.subject | G7 | en_US |
| dc.subject | persistence | en_US |
| dc.subject | long memory | en_US |
| dc.subject | long-range dependence | en_US |
| dc.title | Inflation in the G7 countries: persistence and structural breaks | en_US |
| dc.type | Article | en_US |
| dc.identifier.doi | https://doi.org/10.1007/s12197-022-09576-w | - |
| dc.relation.isPartOf | Journal of Economics and Finance | - |
| pubs.issue | 3 | - |
| pubs.publication-status | Published | - |
| pubs.volume | 46 | - |
| dc.identifier.eissn | 1938-9744 | - |
| dc.rights.holder | The Author(s) | - |
| Appears in Collections: | Dept of Economics and Finance Research Papers | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| FullText.pdf | Copyright © The Author(s) 2022. Rights and permissions: Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit https://creativecommons.org/licenses/by/4.0/. | 605.63 kB | Adobe PDF | View/Open |
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