Back to Search
Start Over
An analysis of inflation and interest rates. New panel unit root results in the presence of structural breaks
- Source :
- Economics Letters. 95:408-414
- Publication Year :
- 2007
- Publisher :
- Elsevier BV, 2007.
-
Abstract
- This paper investigates the order of integration of inflation and interest rates in a panel of 19 countries. The results show that once multiple endogenous breaks are allowed for and appropriate critical values are used, the series appear to be I (0).
Details
- ISSN :
- 01651765
- Volume :
- 95
- Database :
- OpenAIRE
- Journal :
- Economics Letters
- Accession number :
- edsair.doi.dedup.....34fe5fc4d2464c8617c06552b960dc37