Durmaz, Nazif; Kagochi, John - In: Journal of risk and financial management : JRFM 15 (2022) 4, pp. 1-11
The present paper uses asymmetric cointegration and error-correction modeling where a nonlinear adjustment of the exchange rate yields results that are different than those yielded by linear models. We study cocoa imports for Turkey with advanced ARDL and nonlinear ARDL frameworks. Our findings...
