Resumen de UK overseas visitors: Seasonality and persistence

Guglielmo M. Caporale, Luis Alberiko Gil Alaña

• This article analyses seasonality and persistence in the number of UK overseas visitors applying a fractional integration framework to (monthly and quarterly) data from 1986 to 2017. The results indicate that long memory is present in the series and the degree of persistence is higher for seasonally adjusted data, with shocks having transitory but long-lasting effects.