Smooth transition in China: New evidence in the cointegrating money demand relationship
AbstractUsing linearity tests proposed by Choi and Saikkonen (2004), this paper finds evidence of a non-linear cointegrating money demand relationship in China during the 1987-2008 period and identifies potential explanations for this non-linearity.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 30 (2010)
Issue (Month): 1 ()
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China Money Demand; Non-linearity; Cointegrating STR.;
Other versions of this item:
- Julien Fouquau & Anne-Laure Delatte, 2010. "Smooth transition in China: New evidence in the cointegrating money demand relationship," Post-Print hal-00565520, HAL.
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
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