time varying inflation trend. This model explains observed inflation persistence in different way and gives the different … curve with time varying coefficients. This model shows that in Russia exist at least two sources of the inflation … persistence. …

This paper investigates inflation persistence under Threshold Autoregressive (TAR) model motivated by the fact that … persistency is found in the high inflation regime. Low inflation persistence in high inflation regime signifies that inflation do …

Despite widespread recognition that credibility is an important determinant of inflation persistence, surprisingly … results suggest that the degree of inflation persistence is strongly influenced by regime credibility. …

higher inflation persistence at the upper than at the lower tail of the conditional inflation distribution. Based on post … a structural break in persistence at all quantiles of the inflation process in the early 1980s. Inflation persistence …

the lines of van der Cruijsen et al. We test a quadratic relationship between central bank transparency and the inflation … persistence by introducing some technical and economic modifications. Particularly, we used three new measures of transparency. An …

This paper provides new evidence on inflation persistence before and after the European Monetary Union (EMU). Taking … run inflation persistence has converged. In line with theoretical predictions, we find that the persistence of inflation …

monetary policy making that mitigates the effects of productive public investment on inflation persistence. Design … central banker could better manage inflation expectations and therefore inflation persistence despite the occurrence of … between public investment and inflation persistence. Practical implications From a monetary policy perspective view, the best …