@article{e8e7f3c1cb9a451b9db178b333d0cc4e,
title = "Long memory or structural changes: An empirical examination on inflation rates",
abstract = "The modified local Whittle method is proposed for testing long memory when the data have structural changes. We apply it to analyze monthly G7 inflation rates. Empirical results show that for Germany and Japan, the long-memory phenomenon may just be a consequence of structural changes, and that for other countries, the inflation rates may have both long memory and structural changes.",
keywords = "Change point, Local Whittle estimation, Long memory",
author = "Hsu, {Chih Chiang}",
note = "Funding Information: I am very grateful to C.S. Bos, C.-F. Chung, C.-M. Kuan, G. Teyssiere, and the anonymous referee for their worthy suggestions and comments. Financial support is acknowledged from the National Science Council of the Republic of China (NSC89-2415-H-008-004).",
year = "2005",
month = aug,
doi = "10.1016/j.econlet.2005.02.017",
language = "???core.languages.en_GB???",
volume = "88",
pages = "289--294",
journal = "Economics Letters",
issn = "0165-1765",
number = "2",
}