Smooth transition in China: New evidence in the cointegrating money demand relationship
Résumé
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.
Domaines
Origine | Fichiers éditeurs autorisés sur une archive ouverte |
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