Cerrato, Mario; Peretti, Christian de; Stewart, Chris - Department of Economics, Adam Smith Business School - 2008
Is the consumption-income ratio stationary? Evidence from a nonlinear panel
unit root test for OECD and non …-OECD countries.
Key words: consumption-income ratio, heterogeneous panel nonlinear unit root test
JEL classification: C12, C33 … empirical and theoretical
literature and discusses our data. The nonlinear panel unit root test is discussed in
Section 3 …