Economics, Econometrics and Finance
4 years ago

Shocks in MENA countries' inflation rates have no lasting impact.

1 view
RePEc: Research Papers in Economics
Testing the inflation rates in MENA countries: Evidence from quantile regression approach and seasonal unit root test
Süleyman Bolat, Aviral Kumar Tiwari, Phouphet Kyophilavong

Paper Summary

The article investigates inflation rates in Middle East and North Africa (MENA) countries using quantile regression and seasonal unit root tests. The study shows that inflation rates in MENA countries do not revert to a mean and have asymmetries in their adjustment. Additionally, there is no seasonal pattern in inflation rates, meaning shocks do not have long-lasting effects on inflation.

Related papers

Economics, Econometrics and Finance
3 years ago

High inflation persistence threatens economic stability in West African Commonwealth Countries.

Macroeconomic Analysis
Financial Access
Economics, Econometrics and Finance
5 years ago

Nigeria's Nominal Interest Rates Not Reflecting Expected Inflation, Urgent Policy Changes Needed

Infrastructure Impact
Macroeconomic Analysis
1 view
Economics, Econometrics and Finance
7 years ago

Shocks in MENA countries' inflation rates have no lasting impact.

Macroeconomic Analysis
Oil Price Shocks
Asset Pricing