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Openness, the sacrifice ratio, and inflation: Is there a puzzle?

โœ Scribed by Joseph P. Daniels; David D. VanHoose


Book ID
116658772
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
151 KB
Volume
25
Category
Article
ISSN
0261-5606

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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