The Stationarity Of Consumption-Income Ratios With Nonlinear And Asymmetric Unit Root Tests: Evidence From Fourteen Transition Economies
This paper analyses the stationarity properties of the consumption-income ratios for a sample of 14 transition economies by taking account of nonlinearities and asymmetries together using the unit root tests based on the TAR models. The results provide evidence in favour of the stationary consumption-income ratios for all countries.
|Date of creation:||2012|
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