文章基本信息

标题：Nonlinearity and stationarity of inflation rates: The results in the case of the Western Balkans
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作者：Saša Obradović Saša Obradović ; Saša Obradović Saša Obradović ; Gordana Obradović 等
期刊名称：Ekonomski Signali
印刷版ISSN：1452-4457
电子版ISSN：2560-3302
出版年度：2019
卷号：14
期号：1
页码：39-52
DOI：10.5937/ekonsig1901039X
语种：English
出版社：Viša ekonomska škola Peć, Leposavić
摘要：In this article, we explored the nature of the dynamics and behavior of inflation in the case of the Western Balkans. The inflation rate, according to the test results, in most of the countries can be modeled as a stationary process. The paper applied the test of linearity, and then depending on the results, the battery of linear and nonlinear unit root tests. In particular, they consider structural breaks and asymmetric adjustment in order to obtain robust results. The results of the centered calibration in one case suggest potential unstationary inflation.
关键词：inflation; stationarity; linearity; unit root tests; the monetary policy