Is inflation persistence in the new EU Member States (NMS) comparable to that in the euro area countries? We argue that …-varying mean leads to the reversal of this result and suggests similar or lower inflation persistence for the NMS compared to euro …

specification, most of the observed inflation persistence is attributed to fluctuations in the underlying inflation trend, which are …In this paper, I consider the policy implications of two alternative structural interpretations of observed inflation … persistence, which correspond to two alternative specifications of the new Keynesian Phillips curve (NKPC). The first …

Is inflation persistence in the new EU Member States (NMS) comparable to that in the euro area countries? We argue that …-varying mean leads to the reversal of this result and suggests similar or lower inflation persistence for the NMS compared to euro …

-state inflation has generally remained stable, steady-state inflation uncertainty and inflation persistence have both increased, and …

-to-specific approach. We conclude against inflation persistence in the sample period, and the point estimates of persistence we obtain are …

This paper studies inflation persistence with time-varying-coefficient autoregressions in response to recently … simulation technique calibrated to the time series in question. We apply the methods for the study of inflation persistence of …

policy literature and tend to match macroeconomic data well given their prediction of inflation persistence. The extent to …

We study the evolution of inflation persistence in Argentina between 1980 and 2007, a period in which significant … Working Paper 2007 | 23 Inflation persistence and changes in the monetary regime: The argentine case … in mean ρ 0.80 0.56 hcse (0.184) (0.240) (1 lag) (1 lag) Inflation Persistence Period 1980:1 2007:2 When we assume a …