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Modeling transformation in CEECs using smooth transitions

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  • Foster, Neil
  • Stehrer, Robert

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Comparative Economics.

Volume (Year): 35 (2007)
Issue (Month): 1 (March)
Pages: 57-86

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Handle: RePEc:eee:jcecon:v:35:y:2007:i:1:p:57-86

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Web page: http://www.elsevier.com/locate/inca/622864

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References

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  1. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," NBER Working Papers 7664, National Bureau of Economic Research, Inc.
  2. Stanley Fischer & Carlos A. Végh Gramont & Ratna Sahay, 1996. "Stabilization and Growth in Transition Economies," IMF Working Papers 96/31, International Monetary Fund.
  3. Ratna Sahay & Jeromin Zettelmeyer & Eduardo Borensztein & Andrew Berg, 1999. "The Evolution of Output in Transition Economies," IMF Working Papers 99/73, International Monetary Fund.
  4. Andrews, Donald W K, 1993. "Tests for Parameter Instability and Structural Change with Unknown Change Point," Econometrica, Econometric Society, Econometric Society, vol. 61(4), pages 821-56, July.
  5. Fidrmuc, Jan & Tichit, Ariane, 2007. "Mind the Break! Accounting for Changing Patterns of Growth during Transition," CEPR Discussion Papers, C.E.P.R. Discussion Papers 6382, C.E.P.R. Discussion Papers.
  6. Eitrheim, Øyvind & Teräsvirta, Timo, 1995. "Testing the Adequacy of Smooth Transition Autoregressive Models," Working Paper Series in Economics and Finance 56, Stockholm School of Economics.
  7. Perron, P. & Bai, J., 1995. "Estimating and Testing Linear Models with Multiple Structural Changes," Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ 9552, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
  8. Tito Boeri, 1999. "Transition with Labour Supply," William Davidson Institute Working Papers Series 274, William Davidson Institute at the University of Michigan.
  9. Campos, Nauro F & Coricelli, Fabrizio, 2002. "Growth in Transition: What we Know, What we Don't and What we Should," CEPR Discussion Papers, C.E.P.R. Discussion Papers 3246, C.E.P.R. Discussion Papers.
  10. Perron, P., 1989. "Testing For A Unit Root In A Time Series With A Changing Mean," Papers, Princeton, Department of Economics - Econometric Research Program 347, Princeton, Department of Economics - Econometric Research Program.
  11. Leybourne, Stephen J. & C. Mills, Terence & Newbold, Paul, 1998. "Spurious rejections by Dickey-Fuller tests in the presence of a break under the null," Journal of Econometrics, Elsevier, Elsevier, vol. 87(1), pages 191-203, August.
  12. Stanley Fischer & Ratna Sahay & Carlos A. Vegh, 1996. "Stabilization and Growth in Transition Economies: The Early Experience," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 45-66, Spring.
  13. Gérard Roland, 2004. "Transition and Economics: Politics, Markets, and Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 026268148x, December.
  14. Philippe Aghion & Olivier Jean Blanchard, 1994. "On the Speed of Transition Central Europe," NBER Working Papers 4736, National Bureau of Economic Research, Inc.
  15. Allsopp, Christopher & Kierzkowski, Henryk, 1997. "The Assessment: Economics of Transition in Eastern and Central Europe," Oxford Review of Economic Policy, Oxford University Press, Oxford University Press, vol. 13(2), pages 1-22, Summer.
  16. Philippe Aghion & Olivier J. Blanchard, 1994. "On the Speed of Transition in Central Europe," NBER Chapters, in: NBER Macroeconomics Annual 1994, Volume 9, pages 283-330 National Bureau of Economic Research, Inc.
  17. Murphy, Kevin M & Shleifer, Andrei & Vishny, Robert W, 1992. "The Transition to a Market Economy: Pitfalls of Partial Reform," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 107(3), pages 889-906, August.
  18. Perron, P, 1988. "The Great Crash, The Oil Price Shock And The Unit Root Hypothesis," Papers, Princeton, Department of Economics - Econometric Research Program 338, Princeton, Department of Economics - Econometric Research Program.
  19. Greenaway, David & Leybourne, Stephen & Sapsford, David, 2000. "Smooth Transitions and GDP Growth in the European Union," Manchester School, University of Manchester, vol. 68(2), pages 145-65, March.
  20. Paul Brenton & Daniel Gros & Guy Vanadille, 1997. "Output decline and recovery in the transiton economies: causes and social consequences," The Economics of Transition, The European Bank for Reconstruction and Development, The European Bank for Reconstruction and Development, vol. 5(1), pages 113-130, 05.
  21. Lin, Chien-Fu Jeff & Terasvirta, Timo, 1994. "Testing the constancy of regression parameters against continuous structural change," Journal of Econometrics, Elsevier, Elsevier, vol. 62(2), pages 211-228, June.
  22. Michael Alexeev & William Pyle, 2003. "A note on measuring the unofficial economy in the former Soviet Republics -super-1," The Economics of Transition, The European Bank for Reconstruction and Development, The European Bank for Reconstruction and Development, vol. 11(1), pages 153-175, March.
  23. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," IMF Working Papers 00/30, International Monetary Fund.
  24. Portes, Richard, 1991. "The Path of Reform in Central and Eastern Europe: An Introduction," CEPR Discussion Papers, C.E.P.R. Discussion Papers 559, C.E.P.R. Discussion Papers.
  25. Wolf, H.C., 1999. "Transition Strategies: Choices and Outcomes," Princeton Studies in International Economics, International Economics Section, Departement of Economics Princeton University, 85, International Economics Section, Departement of Economics Princeton University,.
  26. Selowsky, Marcelo & Martin, Ricardo, 1997. "Policy Performance and Output Growth in the Transition Economies," American Economic Review, American Economic Association, American Economic Association, vol. 87(2), pages 349-53, May.
  27. Nelson, Charles R. & Plosser, Charles I., 1982. "Trends and random walks in macroeconmic time series : Some evidence and implications," Journal of Monetary Economics, Elsevier, Elsevier, vol. 10(2), pages 139-162.
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Cited by:
  1. Pelin Oge Guney & Erdinc Telatar & Mubariz Hasanov, 2012. "Time Series Behaviour of the Real Interest Rates in Transition Economies," Hacettepe University Department of Economics Working Papers, Hacettepe University, Department of Economics 20125, Hacettepe University, Department of Economics.
  2. Jes?s Crespo-Cuaresma & Octavio Fern?ndez-Amador, 2010. "Business cycle convergence in EMU: A first look at the second moment," Working Papers 2010-22, Faculty of Economics and Statistics, University of Innsbruck.
  3. TRIANDAFIL, Cristina Maria, 2013. "Sustainability of convergence in the context of macro-prudential policies in the European Union," Working Papers of National Institute of Economic Research, National Institute of Economic Research 130618, National Institute of Economic Research.
  4. Crespo Cuaresma , Jesus & Fernandez Amador, Octavio, 2010. "Business cycle convergence in EMU: A second look at the second moment," Working Papers in Economics and Finance, University of Salzburg 2010-13, University of Salzburg.
  5. Triandafil, Cristina Maria, 2011. "The Analysis Of The Convergence Criteria. Empirical Perspective In The Context Of The Sustainable Character Highlight," Working Papers of National Institute of Economic Research, National Institute of Economic Research 111205, National Institute of Economic Research.
  6. DELL'ANNO, Roberto & VILLA, Stefania, 2012. "Growth in Transition Countries: Big Bang versus Gradualism," CELPE Discussion Papers 122, CELPE - Centre of Labour Economics and Economic Policy, University of Salerno, Italy.
  7. Antonio E. Noriega & Cid Alonso Rodríguez-Pérez, 2011. "Stationarity, structural breaks, and economic growth in Mexico: 1895-2008," Working Papers 2011-11, Banco de México.
  8. Peter Havlik & Sebastian Leitner & Robert Stehrer, 2008. "Growth Resurgence, Productivity Catching-up and Labour Demand in CEECs," wiiw Statistical Reports, The Vienna Institute for International Economic Studies, wiiw 3, The Vienna Institute for International Economic Studies, wiiw.

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