This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

An Investigation of Current Account Solvency in Latin America Using Non Linear Stationarity Tests

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Georgios Chortareas (University of Connecticut)
George Kapetanios () (Queen Mary, University of London)
Merih Uctum (City University of New York)

Additional information is available for the following registered author(s):

Abstract

Using a new methodology that allows for nonlinearities, we find frequent support for sustainability in the debt of a set of Latin American countries. Our findings overturn results obtained with traditional unit-root tests and provide a more realistic alternative to evaluate the external solvency of an economy.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help file. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.econ.qmul.ac.uk/papers/doc/wp485.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Queen Mary, University of London, Department of Economics in its series Working Papers with number 485.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Length:
Date of creation: Jan 2003
Date of revision:
Handle: RePEc:qmw:qmwecw:wp485

Contact details of provider:
Postal: London E1 4NS
Phone: +44 (0) 20 7882 5096
Fax: +44 (0) 20 8983 3580
Web page: http://www.econ.qmul.ac.uk
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Nick Vriend).

Related research
Keywords: Current account Nonlinearity

Find related papers by JEL classification:
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models
F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
F34 - International Economics - - International Finance - - - International Lending and Debt Problems

This paper has been announced in the following NEP Reports:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. Vahagn Galstyan, 2007. "How Persistent are International Capital Flows?," The Institute for International Integration Studies Discussion Paper Series iiisdp232, IIIS. [Downloadable!]
  2. Yunus Aksoy & Miguel A. León-Ledesma, 2007. "Non-linearities and Unit Roots in G7 Macroeconomic Variables," Birkbeck Working Papers in Economics and Finance 0710, Birkbeck, School of Economics, Mathematics & Statistics. [Downloadable!]
    Other versions:
  3. Theo Panagiotidis & Mark J Holmes, 2005. "Sustainability and Asymmetric Adjustment: Some New Evidence Concerning Behaviour of the US Current Account," Money Macro and Finance (MMF) Research Group Conference 2005 29, Money Macro and Finance Research Group. [Downloadable!]
  4. Marianna Belloc & Giancarlo Gandolfo, 2005. "The Current Account--Interest Rate Relation as a Nonlinear Phenomenon," Journal of International Trade & Economic Development, Taylor and Francis Journals, vol. 14(2), pages 145-166, June. [Downloadable!] (restricted)
  5. Dimitris K. Christopoulos & Miguel León-Ledesma, 2004. "Current Account Sustainability in the US: What Do We Really Know About It?," Studies in Economics 0412, Department of Economics, University of Kent. [Downloadable!]
  6. Ibrahim Chowdhury & Gregory Gadzinski & Mathias Hoffmann, 2004. "Asymmetric Dynamics in the Current Account: Evidence from Long-Horizon Data," Working Paper Series in Economics 13, University of Cologne, Department of Economics. [Downloadable!]
Statistics
Access and download statistics

Did you know? RePEc stands for Research Papers in Economics.

This page was last updated on 2008-8-5.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.