Search Results - subject:"Nonlinear unit root"

Is the consumption-income ratio stationary? Evidence from linear and nonlinear panel unit root tests for OECD and non-OECD countries

Cerrato, Mario; de Peretti, Christian; Stewart, Chris - Scottish Institute for Research in Economics (SIRE) - 2008

This paper applies recently developed heterogeneous nonlinear and linear panel unit root tests that account for cross-sectional dependence to 24 OECD and 33 non-OECD countries’ consumption-income ratios over the period 1951–2003. We apply a recently developed methodology that facilitates the...

Persistent link: https://www.econbiz.de/10010552434

Nonlinear Mean Reversion in Real Exchange Rates: Evidence from the ASEAN-5

Baharumshah, Ahmad Zubaidi; Liew, Venus Khim-Sen; Lau, Evan - EconWPA - 2003

Utilizing formal nonlinear unit root test (Sarno, The behavior of US public debt: a nonlinear perspective. Economics …

Persistent link: https://www.econbiz.de/10005119239

Kapetanios, George; Shin, Yongcheol - School of Economics and Finance, Queen Mary - 2002

procedures have considerable power gains in a majority of cases against both existing nonlinear unit root tests and standard unit …

Persistent link: https://www.econbiz.de/10005106352