Search Results - subject:"Change in Persistence"

A note on the dynamics of persistence in US inflation

Noriega, Antonio E.; Ramos-Francia, Manuel - 2008

Empirical research on the degree and stability of inflation persistence in the US has produced mixed results: some suggest high and unchanged persistence during the last few decades, while others argue in favor of a decline in persistence since the early 1980s. We contribute to this debate by...

Persistent link: https://www.econbiz.de/10010322575

Sign tests for unit root and change in persistence

Furno, Marilena - In: International journal of computational economics and … 4 (2014) 3/4, pp. 269-287

Persistent link: https://www.econbiz.de/10010496424

The Persistence and Predictive Power of the Dividend-Price Ratio

Park, Cheolbeom - Department of Economics, National University of Singapore - 2006

experienced a change in persistence and are well known to be I(0). This relation between the persistence and the predictive power … directions of the change in persistence appear different in the two countries. …This paper presents strong statistical evidence that the dividend- price ratio in the US has experienced a change in …

Persistent link: https://www.econbiz.de/10005518306

Detecting changes from short to long memory

Hassler, Uwe; Scheithauer, Jan - In: Statistical Papers 52 (2011) 4, pp. 847-870

Persistent link: https://www.econbiz.de/10009401673

Hysteresis in Unemployment Rates? A Comparison between Germany and the US

Hassler, Uwe; Wolters, Jürgen - In: Jahrbücher für Nationalökonomie und Statistik 229 (2009) 2-3, pp. 119-129

Summary In this paper we compare the unemployment dynamics of the US and Germany with monthly data up to 2008. With data from 1971 on the evidence is mixed when applying descriptive methods or formal unit root tests. When allowing for fractional integration, however, we find similar results to...

Persistent link: https://www.econbiz.de/10014609253

Hysteresis in Unemployment Rates? A Comparison between Germany and the US

Hassler, Uwe; Wolters, Jürgen - In: Journal of Economics and Statistics (Jahrbuecher fuer … 229 (2009) 2-3, pp. 119-129

In this paper we compare the unemployment dynamics of the US and Germany with monthly data up to 2008. With data from 1971 on the evidence is mixed when applying descriptive methods or formal unit root tests. When allowing for fractional integration, however, we find similar results to the...

Persistent link: https://www.econbiz.de/10008559111