Boengiu, Tudor; Morar Triandafil, Cristina; Morar … - In: Journal for Economic Forecasting (2011) 4, pp. 15-29
In this paper we investigate the external debt sustainability using a quantile autoregression (QAR) model. QAR is a new type of econometric models used to separate periods of nonstationarity from the stationarity ones. This kind of model allows us to identify various trajectories of external...