Smooth transition in China: New evidence in the cointegrating money demand relationship
Using 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.
Volume (Year): 30 (2010)
Issue (Month): 1 ()
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- Bernard J Laurens & Rodolfo Maino, 2007. "China; Strengthening Monetary Policy Implementation," IMF Working Papers 07/14, International Monetary Fund. Full references (including those not matched with items on IDEAS)
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