Hasanov, Mubariz - İktisat Bölumu, İktisadi ve İdari Bilimler Fakültesi - 2012
In this paper, we re-examine stationarity of the Australian real exchange rate (RER). For this purpose, we modify the test of Kapetanios et al. [Testing for a unit root in the nonlinear STAR framework. Journal of Econometrics 112 (2003), 359-379] to allow for a nonlinear trend function in the...