Rico, Vanessa Berenguer; Gonzalo, Jesús - Departamento de Economía, Universidad Carlos III de Madrid - 2013
, the intrinsic linearity in the concepts of integration and co-integration makes it unsuitable to study non-linear long run … approximations to unknown functions. In this paper, to cope with non-linear relations and consequently to generalise co …-Rico and Gonzalo (2013), which, in turn, was conceived to address non-linear transformations of persistent processes …