Is the health care price inflation in US urban areas stationary?: Evidence from panel unit root tests

Journal of Economics, Finance and Administrative Science, pp. 77-94, 2018.

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Purpose – This study aims to investigate, for the first time in the literature, the stochastic properties of theUS aggregate health-care price inflation rate series, using the data on health-care inflation rates for a panel of 17 major US urban areas for the period 1966-2006. Design/methodology/approach – This goal is undertaken by ap...More



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