alphajae.blogg.se - Valdosta state university endnote download

Christopoulos & Miguel León-Ledesma, 2004. National Bureau of Economic Research, Inc.

NBER Chapters, in: G7 Current Account Imbalances: Sustainability and Adjustment, pages 169-204, " Are There Thresholds of Current Account Adjustment in the G7?,"

Ozdemir, Zeynel Abidin & Balcilar, Mehmet & Tansel, Aysit, 2011.Ħ063, Institute of Labor Economics (IZA).

Koç University-TUSIAD Economic Research Forum Working Papersġ130, Koc University-TUSIAD Economic Research Forum.ġ105, ERC - Economic Research Center, Middle East Technical University, revised Oct 2011.

Aysit Tansel & Zeynel Abidin Ozdemir & Mehmet Balcilar, 2011.

" International Labour Force Participation Rates by Gender: Unit Root or Structural Breaks?,"ġ5-28, Eastern Mediterranean University, Department of Economics.

Zeynel Abidin Ozdemir & Mehmet Balcilar & Aysit Tansel, 2011.

Thus, it can be concluded that neglecting the nonlinearities in the relevant data testing process leads to misleading results in the testing process of the current account sustainability hypothesis. That could be an indicator of the strength of the Chinese economy.

Furthermore, by using one of the newly developed time dependent nonlinear unit root tests, we find evidence of the fast adjustment to the equilibrium of China's relevant data.

Besides, the current account sustainability of India and Russia can be provided by using state dependent nonlinearity and time and state dependent nonlinearity simultaneously, respectively. The study empirically shows that the current account sustainability for BRICS cannot be provided without taking into consideration the time dependent nonlinearity (i.e.

For this purpose, a linear and a variety of nonlinear unit root tests have been applied to the current account to GDP ratios of the aforementioned countries. This study investigates the current account sustainability hypothesis for Brazil, Russia, India, China and South Africa (BRICS).