Inflation Dynamics in the ABC (Argentina, Brazil and Chile) countries
Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
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| Format: | info:eu-repo/semantics/publishedVersion |
| Language: | eng |
| Published: |
2024
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| Online Access: | https://erevistas.uca.edu.ar/index.php/ENSAYOS/article/view/3213 http://hdl.handle.net/11086/550459 |
| _version_ | 1806011932669378560 |
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| author | Zarzosa Valdivia, Fernando |
| author_facet | Zarzosa Valdivia, Fernando |
| author_sort | Zarzosa Valdivia, Fernando |
| collection | Repositorio Digital Universitario |
| description | Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. |
| format | info:eu-repo/semantics/publishedVersion |
| id | rdu-unc.550459 |
| institution | Universidad Nacional de Cordoba |
| language | eng |
| publishDate | 2024 |
| record_format | dspace |
| spelling | rdu-unc.5504592024-07-05T16:01:58Z Inflation Dynamics in the ABC (Argentina, Brazil and Chile) countries Zarzosa Valdivia, Fernando Inflation inertia Sectoral inflation Persistence ARMA ARFIMA info:eu-repo/semantics/publishedVersion Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Fil: Zarzosa Valdivia, Fernando. Universidad Católica de Córdoba; Argentina. This research analyses the inertia and persistence of headline and sectoral inflation for Argentina (two periods), Brazil and Chile using seasonal fractional integrated autoregressive moving average (S-ARFIMAmodel). Measuring inertia by the sum of the autoregressive coefficients, there is evidence of: headline, clothing, health, housing and miscellaneous inertial inflation larger in Argentina (second period) than in Chile and Brazil, inertial inflation of food and beverages is larger for Chile than for Argentina (second period) and Brazil, and inertial inflation of education larger in Brazil than in Chile, which in turn is larger than in Argentina (second period). Measuring persistence by the size of the fractionally integrated coefficient, our results suggest long-memory or long-dependence of Brazilian headline, clothing and health inflation, and Chilean alcoholic beverages. We show also that the quarter-life of headline inflation occurs in 20, 3 and 15 months in Argentina (second period), Brazil and Chile, while its half-life takes 29, 15 and 13 months, respectively. https://erevistas.uca.edu.ar/index.php/ENSAYOS/article/view/3213 info:eu-repo/semantics/publishedVersion Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Fil: Zarzosa Valdivia, Fernando. Universidad Católica de Córdoba; Argentina. Economía, Econometría 2024-02-08T18:38:50Z 2024-02-08T18:38:50Z 2020 article 1853-6999 https://erevistas.uca.edu.ar/index.php/ENSAYOS/article/view/3213 http://hdl.handle.net/11086/550459 2313-979X eng Atribución 4.0 Internacional http://creativecommons.org/licenses/by/4.0/ Electrónico y/o Digital |
| spellingShingle | Inflation inertia Sectoral inflation Persistence ARMA ARFIMA Zarzosa Valdivia, Fernando Inflation Dynamics in the ABC (Argentina, Brazil and Chile) countries |
| title | Inflation Dynamics in the ABC (Argentina, Brazil and Chile) countries |
| title_full | Inflation Dynamics in the ABC (Argentina, Brazil and Chile) countries |
| title_fullStr | Inflation Dynamics in the ABC (Argentina, Brazil and Chile) countries |
| title_full_unstemmed | Inflation Dynamics in the ABC (Argentina, Brazil and Chile) countries |
| title_short | Inflation Dynamics in the ABC (Argentina, Brazil and Chile) countries |
| title_sort | inflation dynamics in the abc argentina brazil and chile countries |
| topic | Inflation inertia Sectoral inflation Persistence ARMA ARFIMA |
| url | https://erevistas.uca.edu.ar/index.php/ENSAYOS/article/view/3213 http://hdl.handle.net/11086/550459 |
| work_keys_str_mv | AT zarzosavaldiviafernando inflationdynamicsintheabcargentinabrazilandchilecountries |