Search Results - subject:"Nonlinear Trend"

International income convergence : is Latin America actually different?

King, Alan; Ramlogan, Carlyn - In: Economic modelling 49 (2015), pp. 212-222

Persistent link: https://www.econbiz.de/10011439532

Is Africa actually developing?

King, Alan; Ramlogan, Carlyn - In: World development : the multi-disciplinary … 66 (2015), pp. 598-613

Persistent link: https://www.econbiz.de/10010495547

Is Africa Actually Developing?

King, Alan; Ramlogan-Dobson, Carlyn - In: World Development 66 (2015) C, pp. 598-613

The results of previous time-series studies of the income convergence hypothesis indicate that practically no African economies are systematically closing their income gap with the rich world. This implies that almost the entire continent is not ‘developing’ in the literal sense of the term....

Persistent link: https://www.econbiz.de/10011077563

Forecasting inflation with gradual regime shifts and exogenous information

González, Andrés; Hubrich, Kirstin; Teräsvirta, Timo - School of Economics and Management, University of Aarhus - 2009

model. i Keywords: Nonlinear forecast; nonlinear model; nonlinear trend; penalised likelihood; structural shift; time …

Persistent link: https://www.econbiz.de/10005787545

Nonlinearities and Price Puzzle in Brazil

Ferreira, Roberto Tatiwa; Castelar, Ivan - In: Economia 9 (2008) 1, pp. 47-62

nonlinear trend stationary. After that a nonparametric co-trending analysis was applied. The test result favored a common … nonlinear trend between ination and the interest rate, which seems to a_ect the system innovation analysis, inducing most of the …

Persistent link: https://www.econbiz.de/10008516682

Are income differences within the OECD diminishing? : evidence from Fourier unit root tests

King, Alan; Ramlogan, Carlyn - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 18 (2014) 2, pp. 185-199

Persistent link: https://www.econbiz.de/10010347297

Nonlinear Trend Stationarity in Real Exchange Rates: Evidence from Nonlinear ADF tests

Assaf, Ata - In: Annals of Economics and Finance 7 (2006) 2, pp. 283-294

these series are nonlinear trend stationary, and therefore, we conclude that the real exchange rate behavior may not be so …

Persistent link: https://www.econbiz.de/10009228634

Modelling autoregressive processes with a shifting mean

Terasvirta, Timo; González, Andrés - BANCO DE LA REPÚBLICA - 2006

This paper contains a nonlinear, nonstationary autoregressive model whose intercept changes deterministically over time. The intercept is a flexible function of time, and its construction bears some resemblance to neural network models. A modelling technique, modified from one for single...

Persistent link: https://www.econbiz.de/10005196682

Nonlinear trends in real exchange rates: A panel unit root test approach

Cushman, David O.; Michael, Nils - In: Journal of International Money and Finance 30 (2011) 8, pp. 1619-1637

We analyze the possibility of nonlinear trend stationarity as the alternative to unit roots in 23 OECD real exchange … reasonable. We argue that nonlinear trend stationarity is the most likely alternative hypothesis for at least some of the real … distributions from bootstrapped nonlinear trend stationary processes than from linear trend or mean stationary processes. …

Persistent link: https://www.econbiz.de/10010869443

Nonlinear trend and co-trending in the Tunisian real effective exchange rate

Bouoiyour, Jamal; Marimoutou, Velayoudoum; Rey, Serge - Volkswirtschaftliche Fakultät, … - 2003

find that in the most of cases, the variables are stationary around a nonlinear trend. So we highlight the presence of co …-trending relationships between REER and the four fundamental. That confirms the presence of a common nonlinear trend. …

Persistent link: https://www.econbiz.de/10008924806