Are Inflation Rates Stationary in 11 Mediterranean Countries? Evidence from Univariate and Panel Unit Root Tests
In this study, we employ unit root tests that allow for heterogeneous structural breaks developed by Lee and Strazicich (2003), Narayan and Popp (2010), and Im et al. (2010) to examine the stationarity of inflation rates in 11 Mediterranean countries over the period 1960-2011. The empirical findi...
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Format: | Article |
Language: | English |
Published: |
Ala-Too International University
2013-11-01
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Series: | Eurasian Journal of Business and Economics |
Subjects: | |
Online Access: | http://www.ejbe.org/EJBE2013Vol06No12p079-OZCAN.pdf |