Search Results - subject:"Smooth Transition"

Optimal inflation-growth threshold : a case of the WAMZ member states

Olowofeso, Olorunsola E.; John-Sowe, Maimuna; Adeleke, … - 2023

This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the WAMZ over the period 1996-2021. Although there is large empirical literature on this subject, however, previous studies on the WAMZ economies generally focused on exogenous approaches of...

Persistent link: https://www.econbiz.de/10014487058

The growth effect of trade openness on African countries : evidence from using an instrumental variable panel smooth transition model

Kinfack, Emilie; Bonga-Bonga, Lumengo - In: Bulletin of economic research 75 (2023) 2, pp. 366-379

Persistent link: https://www.econbiz.de/10014304728

Spot-futures price adjustments in the Nikkei 225: linear or smooth transition? : financial centre leadership or home bias?

Qin, Jieye; Green, Christopher J.; Sirichand, Kavita - In: Journal of risk and financial management : JRFM 16 (2023) 2, pp. 1-31

This paper studies price discovery in Nikkei 225 markets through the nonlinear smooth transition price adjustments … between spot and future prices and across all three futures markets. We test for smooth transition nonlinearity and employ an … exponential smooth transition error correction model (ESTECM) with exponential generalised autoregressive conditional …

Persistent link: https://www.econbiz.de/10014305752