Ventosa-santaulària, Daniel; Gómez-zaldívar, Manuel; … - In: Economics Bulletin 33 (2013) 2, pp. 1317-1327
We study whether there is a long-run relationship between Mexican current account (CA) revenues and expenditures. Our results show that evidence in favor of this claim is drawn only when (at least) three structural break levels are allowed. The CA therefore behaves as a broken-mean stationary...