Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence

Detalhes bibliográficos
Autor(a) principal: Mota, Maria Teresa
Data de Publicação: 2008
Outros Autores: Cunha, Mariana Alves da, Santos, Carlos
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.14/25292
Resumo: Using the Bai-Perron test, we look for a shift in the conditional mean of an AR representation of Spanish CPI inflation over the period: 1978-2006. It is clear that Spain, as most OECD economies, experienced an inflation slowdown in the early eithgties, which can be related to some policy measures undertook by the government coming out of the 1982 elections. It is shown, that when the break is accounted for, there are no signs of persistence in Spanish CPI inflation.
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spelling Looking for a break in Spanish Inflation Data in the early eighties and assessing persistenceinflation persistencestructural breaksmonetary policyUsing the Bai-Perron test, we look for a shift in the conditional mean of an AR representation of Spanish CPI inflation over the period: 1978-2006. It is clear that Spain, as most OECD economies, experienced an inflation slowdown in the early eithgties, which can be related to some policy measures undertook by the government coming out of the 1982 elections. It is shown, that when the break is accounted for, there are no signs of persistence in Spanish CPI inflation.Veritati - Repositório Institucional da Universidade Católica PortuguesaMota, Maria TeresaCunha, Mariana Alves daSantos, Carlos2018-07-30T11:03:25Z20082008-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.14/25292engMota, M. T., Cunha, M. A., Santos, C. (2008). Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence. Working Papers: Economics. N.º 2, 13 p.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-12T17:30:40Zoai:repositorio.ucp.pt:10400.14/25292Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:20:09.296523Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence
title Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence
spellingShingle Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence
Mota, Maria Teresa
inflation persistence
structural breaks
monetary policy
title_short Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence
title_full Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence
title_fullStr Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence
title_full_unstemmed Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence
title_sort Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence
author Mota, Maria Teresa
author_facet Mota, Maria Teresa
Cunha, Mariana Alves da
Santos, Carlos
author_role author
author2 Cunha, Mariana Alves da
Santos, Carlos
author2_role author
author
dc.contributor.none.fl_str_mv Veritati - Repositório Institucional da Universidade Católica Portuguesa
dc.contributor.author.fl_str_mv Mota, Maria Teresa
Cunha, Mariana Alves da
Santos, Carlos
dc.subject.por.fl_str_mv inflation persistence
structural breaks
monetary policy
topic inflation persistence
structural breaks
monetary policy
description Using the Bai-Perron test, we look for a shift in the conditional mean of an AR representation of Spanish CPI inflation over the period: 1978-2006. It is clear that Spain, as most OECD economies, experienced an inflation slowdown in the early eithgties, which can be related to some policy measures undertook by the government coming out of the 1982 elections. It is shown, that when the break is accounted for, there are no signs of persistence in Spanish CPI inflation.
publishDate 2008
dc.date.none.fl_str_mv 2008
2008-01-01T00:00:00Z
2018-07-30T11:03:25Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.14/25292
url http://hdl.handle.net/10400.14/25292
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Mota, M. T., Cunha, M. A., Santos, C. (2008). Looking for a break in Spanish Inflation Data in the early eighties and assessing persistence. Working Papers: Economics. N.º 2, 13 p.
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
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instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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