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- W2324730003 abstract "This paper analyzes inflation persistence in three emerging market economies, from January 1999 to January 2009. We make use of Auto-Regressive Fractionally Integrated (ARFIMA) models to examine the consumer price indices of the countries analyzed. The picture that emerges from the results indicates that the inflation rates have some degree of persistence but they are all mean-reverting. This finding is confirmed by the impulse response functions, which show that disturbances to all series tend to disappear considerably in the short to medium run (12 months), although shocks to some indices take longer to vanish than others." @default.
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- W2324730003 date "2011-05-18" @default.
- W2324730003 modified "2023-09-25" @default.
- W2324730003 title "Persistência inflacionária: comparações entre três economias emergentes" @default.
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- W2324730003 doi "https://doi.org/10.11132/rea.2011.360" @default.
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