The dynamics of persistence in US inflation

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 105
Issue: 2
Pages: 168-172

Authors (2)

Noriega, Antonio E. (Banco de México) Ramos-Francia, Manuel (not in RePEc)

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Using a recently developed time-series approach, we show that post-WWII US inflation became highly persistent during the 'Great Inflation' period, and then switched back to a low persistence process during 1984, and has remained stationary until the present day.

Technical Details

RePEc Handle
repec:eee:ecolet:v:105:y:2009:i:2:p:168-172
Journal Field
General
Author Count
2
Added to Database
2026-01-26