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Is there a unit root in the inflation rate? New evidence from panel data models with multiple structural breaks

โœ Scribed by Narayan, Paresh Kumar; Narayan, Seema


Book ID
121509220
Publisher
Taylor and Francis Group
Year
2010
Tongue
English
Weight
150 KB
Volume
42
Category
Article
ISSN
0003-6846

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Is there a unit root in the inflation ra
โœ Sarah E. Culver; David H. Papell ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 144 KB ๐Ÿ‘ 1 views

Using sequential trend break and panel data models, we investigate the unit root hypothesis for the inยฏation rates of thirteen OECD countries. With individual country tests, we ยฎnd evidence of stationarity in only four of the thirteen countries. The results are more striking with the panel data mode