RDP 2004-04: Inflation Convergence Across Countries Appendix A: Sensitivity Analysis

Table A1: Regression Results
Equation (2)
t OECD countries US regions
Regression coefficient β1
1966–1970 −0.75*** −1.43***
1971–1975 0.17 −0.93***
1976–1980 0.69** −2.08***
1981–1985 −0.20** −1.40***
1986–1990 −0.52*** −0.81***
1991–1995 −0.76*** −1.14***
1996–2000 −0.80*** −0.83***

Note: **,*** indicate significance at the 5 and 1 per cent levels, respectively.