Multiple structural change tests by Bai and Perron (Econometrica 66:47–78, <CitationRef CitationID="CR2">1998</CitationRef>) are applied to the regression by Demetrescu et al. (Econ Theory 24:176–215, <CitationRef CitationID="CR15">2008</CitationRef>) in order to detect breaks in the order of fractional integration. With this instrument we tackle time-varying inflation...</citationref></citationref>

This paper provides new evidence on inflation persistence before and after the European Monetary Union (EMU). Taking into account fractional integration of inflation, we confirm that inflation dynamics differed considerably across Euro area countries before the start of EMU. Since 1999, however,...