Path-dependence is a feature of capital markets. In this systematic literature review, we study recent and relevant publications on causality testing in equity markets with the purpose of identifying which causality tests have most widely been used. Our sample consists of 191 journal articles...

Capital markets are path-dependent institutions. We can determine that a causal assessment is required for a most evidence-based analysis of capital market complexity. In this structured literature review, we study recent and relevant publications on causality testing in equity markets with the...

In this paper we report results on inflation persistence using 79 inflation series covering the EU countries, the euro area and the US for five different inflation variables. The picture that emerges is one of moderate inflation persistence across the board. In particular we find euro area...

In this paper we report results on inflation persistence using 79 inflation series covering the EU countries, the euro area and the US for five different inflation variables. The picture that emerges is one of moderate inflation persistence across the board. In particular we find euro area...

In this paper we report results on inflation persistence using 79 inflation series covering the EU countries, the euro area and the US for five different inflation variables. The picture that emerges is one of moderate inflation persistence across the board. In particular we find euro area...

This paper carries out another evaluation on a highly debated property of inflation dynamics, namely its persistence. We study inflation dynamics for the United States since 1959 with a time-varying methodology where the intercept, variance and persistence are allowed to vary over time. We...