...Nicholas Apergis Purpose The purpose of this paper is to explore the degree of inflation persistence across all US metro areas over the post-pandemic period. Design/methodology/approach Both the Multivariate Core Trend (MCT) model and a fractional integration model, that is the Multivariate...

...Satish Kumar Purpose The author aims to examine the long-run dynamic relation between gold price and inflation in the Indian context from 1982 to 2015. The author measures inflation using consumer price index and wholesale price index (WPI). However, this study focuses on the long-run dynamic...

... estimates on the basis of lending rate indicate the absence of long‐run relationship between interest rate and inflation rate. Thus, a general and clear‐cut conclusion about the presence of long‐run relationship between the nominal interest rate and the inflation rate cannot be drawn. Equation (3) can...

...Osama D. Sweidan Purpose The purpose of this paper is to examine the hypothesis that a central bank's asymmetric preferences are able to explain inflation rate in a developing country. In addition, it seeks to help comprehend movements of inflation rate in Jordan and to understand Central Bank...