Inflation convergence and divergence within the European Monetary Union

F Busetti, L Forni, A Harvey, F Venditti - 2006 - papers.ssrn.com
We study the convergence properties of inflation rates among the countries of the European
Monetary Union over the period 1980-2004. Given the Maastricht agreements and the …

Inflation synchronization among the G7and China: The important role of oil inflation

AH Elsayed, S Hammoudeh, RM Sousa - Energy Economics, 2021 - Elsevier
We investigate the interconnectedness and spillovers between oil price inflation and CPI
inflation in the G7 countries and China over the available period 1987M6-2020M6. To this …

Are oil shocks permanent or temporary? Panel data evidence from crude oil and NGL production in 60 countries

PK Narayan, S Narayan, R Smyth - Energy Economics, 2008 - Elsevier
This paper examines the unit root properties of crude oil production for 60 countries
employing a range of panel data unit root tests for the period 1971 to 2003. The study first …

Is there really a unit root in the inflation rate? More evidence from panel data models

SA Basher, J Westerlund - Applied Economics Letters, 2008 - Taylor & Francis
Time series unit root evidence suggests that inflation is nonstationary. By contrast, when
using more powerful panel unit root tests, Culver and Papell find that inflation is stationary. In …

Are Turkey's tourism markets converging? Evidence from the two-step LM and three-step RALS-LM unit root tests

B Ozcan, S Erdogan - Current Issues in Tourism, 2017 - Taylor & Francis
In this study, we aim to analyse whether Turkey's 14 major tourist source markets are
converging by using monthly data over the period January 1996 to December 2012. To this …

Inflation targeting and inflation convergence: International evidence

P Arestis, G Chortareas, G Magkonis… - Journal of International …, 2014 - Elsevier
We examine whether the inflation rates of the countries that pursue inflation targeting
policies have converged as opposed to the experience of the OECD non-inflation targeters …

Decentralization and regional inflation in Indonesia

D Tirtosuharto, H Adiwilaga - Bulletin of Monetary Economics …, 2013 - bulletin.bmeb-bi.org
The link between decentralization and inflation as one of the key aspects of macro economic
stability has been surveyed by a number of studies and the findings are generally …

A small monetary system for the euro area based on German data

R Brüggemann, H Lütkepohl - Journal of Applied Econometrics, 2006 - Wiley Online Library
Previous euro area money demand studies have used aggregated national time series data
from the countries participating in the European Monetary Union (EMU). However …

On the feasibility of a monetary union in the Southern Africa Development Community

TD Agbeyegbe - International Journal of Finance & Economics, 2008 - Wiley Online Library
This paper investigates the feasibility of a monetary union in Southern Africa Development
Community (SADC) by looking at evidence of nominal exchange rate and inflation …

Inflation convergence after the introduction of the Euro

M Mentz, SP Sebastian - Available at SSRN 460820, 2003 - papers.ssrn.com
Using the Johansen test for cointegration, we examine to which extent inflation rates in the
Euro area have converged after the introduction of a single currency. Since the assumption …