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dc.contributor.authorGiannellis, Ξ ., Koukouritakis, M.en
dc.date.accessioned2015-11-24T17:04:40Z-
dc.date.available2015-11-24T17:04:40Z-
dc.identifier.urihttps://olympias.lib.uoi.gr/jspui/handle/123456789/11210-
dc.rightsDefault Licence-
dc.subjectCHEER. Misalignment rate, Structural shifts, Non linear two-regime unit root test, Inflation persistenceen
dc.titleExchange rate misalignment and inflation rate persistence: Evidence from Latin American countriesen
heal.typejournalArticle-
heal.type.enJournal articleen
heal.type.elΆρθρο Περιοδικούel
heal.identifier.primaryhttp://dx.doi.org/10.1016/j.iref.2012.07.013-
heal.identifier.secondaryhttp://www.sciencedirect.com/science/article/pii/S1059056012000731-
heal.languageen-
heal.accesscampus-
heal.recordProviderΠανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημώνel
heal.publicationDate2013-
heal.abstractThis paper tests the conjecture that inflation rate persistence in selected Latin American countries, namely Brazil, Mexico, Uruguay and Venezuela, is related with currency undervaluation. In this manner, we expect that the behaviour of inflation rates may be non linear reflecting the changing status of the exchange rate. By modelling an appropriate non linear model, we find no strong evidence in favour of the above commonly accepted view. However, our evidence shows that in periods of high depreciation of the home currency the domestic inflation rate was persistent, while in periods of slower depreciation, or relative stability, it was transitory.en
heal.publisherElsevieren
heal.journalNameInternational Review of Economics and Financeen
heal.journalTypepeer reviewed-
heal.fullTextAvailabilityTRUE-
Appears in Collections:Άρθρα σε επιστημονικά περιοδικά ( Ανοικτά) - ΟΕ

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