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Inflation in Argentina: Analysis of Persistence Using Fractional Integration

Author

Listed:
  • Mateo Isoardi

    (International University of Andalucia)

  • Luis A. Gil-Alana

    (University of Navarra)

Abstract

This paper deals with the analysis of the persistence in the inflation rate in Argentina. For this purpose, we use fractionally integrated techniques based on monthly and annual data. The results show evidence of fractional integration and long memory behavior in both cases, being especially noticeable in the case of monthly data with shocks having long-lived effects.

Suggested Citation

  • Mateo Isoardi & Luis A. Gil-Alana, 2019. "Inflation in Argentina: Analysis of Persistence Using Fractional Integration," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(2), pages 204-223, April.
    • Handle: RePEc:pal:easeco:v:45:y:2019:i:2:d:10.1057_s41302-019-00133-8
    DOI: 10.1057/s41302-019-00133-8
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    Cited by:

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    2. Sakiru Adebola Solarin & Luis A. Gil-Alana & Carmen Lafuente, 2020. "Persistence of the Misery Index in African Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 147(3), pages 825-841, February.

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    More about this item

    Keywords

    Inflation; Argentina; Persistence; Fractional integration;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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