Neely, Christopher J. (contributor); … - 2008
and inflation
rates using monthly data for 1947–1986 for 18 OECD countries. Rose (1988) finds that ADF
tests fail to … industrialized
countries. Rapach (2003) obtains similar results using postwar data for an even larger number of
OECD countries … yield and CPI inflation rate in 13 OECD countries using
quarterly data for 1962–1993. In broad agreement with the results …