Inflation in Mozambique: empirical facts based on persistence, seasonality and breaks

This article investigates inflation in Mozambique using long-range dependence (LRD) techniques in monthly data from December 1995 to October 2012. Two important features of the data are analysed: persistence and seasonality, looking at aggregated and disaggregated data. The stability of the parameters across the sample is also investigated. The results indicate a high degree of persistence in the data along with a strong seasonal pattern. Policy implications are discussed.

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Year of publication:	2014
Authors:	Gil-Alana, Luis Alberiko ; Barros, Carlos ; Faria, Joao Ricardo
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 46.2014, 21, p. 2545-2555
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010824155