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 nonlinearity.
|Date of creation:||18 Jan 2010|
|Publication status:||Published in Economics Bulletin, Economics Bulletin, 2010, vol.30, n°1, pp.265-273|
|Note:||View the original document on HAL open archive server: https://hal-rbs.archives-ouvertes.fr/hal-00565520|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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- Dick van Dijk & Timo Terasvirta & Philip Hans Franses, 2002.
"Smooth Transition Autoregressive Models — A Survey Of Recent Developments,"
Taylor & Francis Journals, vol. 21(1), pages 1-47.
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