International evidence on output persistence from postwar data

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

9 Scopus Citations
View graph of relations



Original languageEnglish
Pages (from-to)435-441
Journal / PublicationEconomics Letters
Issue number4
Publication statusPublished - Apr 1992
Externally publishedYes


This paper reports some international evidence on output persistence based on postwar data. Using fractional differencing analysis, we find evidence of fractional integration in output for the U.S. and U.K. but not for the other G-7 countries, implying that these two countries show much less persistence in output fluctuations than the others. © 1992.