Search Results - subject:"Fourier function"

The measurement of fiscal behavior in some European countries: Panel data perspective

BOLAT, Süleyman; TIWARI, Aviral Kumar - In: Theoretical and Applied Economics XXII(2015) (2015) 1(602), Spring, pp. 151-162

Selection Method (SPSM) developed by Chortareas and Kapetanios (2009) using the Panel KSS test with a Fourier function. This … article analyses both Kapetanios et al. (2003, hereafter, KSS) without Fourier and KSS with Fourier function. SPSM method … Fourier function and found that the budget balance in 7 countries are stationary and this result is in accord with …

Persistent link: https://www.econbiz.de/10011234986

Purchasing power parity in transition countries : panel stationary test with smooth and sharp breaks

Bahmani-Oskooee, Mohsen; Chang, Tsangyao; Wu, Tsung-pao - In: International Journal of Financial Studies : open … 3 (2015) 2, pp. 153-161

This study examines whether the long-run purchasing power parity (PPP) holds in transition economies (Bulgaria, the Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania and Russia) using monthly data over the 1995 - 2011 period. We apply a recently introduced panel stationary test, which...

Persistent link: https://www.econbiz.de/10011308453

Revisiting real interest rate parity in Central and Eastern European countries: The Sequential Panel Selection Method

Chang, Hsu-Ling - In: Acta Oeconomica 64 (2014) June, pp. 181-196

This study uses the Sequential Panel Selection Method (SPSM) proposed by Chortareas and Kapetanios (2009) to investigate the non-stationarity properties of real interest rates in 12 Central and Eastern European (CEE) countries. We are thereby able to test the validity of real interest rate...

Persistent link: https://www.econbiz.de/10011094489

Purchasing Power Parity in the BRICS and the MIST Countries: Sequential Panel Selection Method

Bahmani-Oskooee, Mohsen; Chang, Tsangyao; Lee, Kuei-Chiu - In: Review of Economics & Finance 4 (2014) Feburary, pp. 1-12

. Empirical results from the SPSM procedure that uses the Panel KSS unit root test with a Fourier function indicate that mean …

Persistent link: https://www.econbiz.de/10010927766

A stochastic convergence analysis for selected East Asian and Pacific countries: A Fourier unit root test approach

YILANCI, Veli; SARIDOĞAN, Ercan; ARTAR, Okşan - In: Theoretical and Applied Economics XVIII(2014) (2014) 9(598), pp. 51-60

over the period 1960–2010, using a recently introduced unit root test with a Fourier function capable of capturing unknown …

Persistent link: https://www.econbiz.de/10011004917

Are the Global REIT Markets Efficient by a New Approach?

Fang, Hao; Lee, Yen-Hsien - In: Panoeconomicus 60 (2013) 6, pp. 743-757

This study uses a panel KSS test by Nuri Ucar and Tolga Omay (2009), with a Fourier function based on the sequential …

Persistent link: https://www.econbiz.de/10010857980

Are real GDP levels nonstationary across Central and Eastern European countries?

Shen, Pei-Long; Su, Chih-Wei; Chang, Hsu-Ling - In: Baltic Journal of Economics 13 (2013) 1, pp. 99-108

This study applies the Sequential Panel Selection Method (SPSM) proposed by Chortareas and Kapetanios (2009) to investigate and assess the non-stationary properties of whether real GDP follows a trend stationary or a difference stationary process for Central Eastern European (CEE) countries....

Persistent link: https://www.econbiz.de/10010690391

Inflation Persistence in Nine Latin American Countries: Panel SURKSS Test with a Fourier Function

LI, Yanli; PENG, Hongfeng; PENG, Hongfeng - In: Journal for Economic Forecasting (2013) 3, pp. 132-143

non-stationary in these nine countries under study. However, the panel SURKSS test with a Fourier function rejects the …This study employs the panel seeming unrelated regression of the Kapetanios-Shin- Snell (SURKSS) test with a Fourier … function to investigate the inflation persistence in Nine Latin American Countries over the period of January 1993-January 2012 …

Persistent link: https://www.econbiz.de/10010702346

Purchasing power parity in BRICS countries : fourier quantile unit root tests

Chang, Tsangyao; Lin, Tzu-ling - In: The empirical economics letters : a monthly … 17 (2018) 5, pp. 597-609

Persistent link: https://www.econbiz.de/10011913383

Re-testing Prebisch-Singer hypothesis : new evidence using Fourier quantile unit root test

Bahmani-Oskooee, Mohsen; Chang, Tsangyao; Elmi, Zahra Mila - In: Applied economics 50 (2018) 4, pp. 441-454

Persistent link: https://www.econbiz.de/10011846997