Shelley, Gary L.; Wallace, Frederick H. - In: Economics Letters 112 (2011) 1, pp. 56-59
This paper examines whether the CPI and real GDP for the US exhibit nonlinear reversion to trend as recently concluded by Beechey and Österholm [Beechey, M. and Österholm, P., 2008. Revisiting the uncertain unit root in GDP and CPI: testing for nonlinear trend reversion. Economics Letters 100,...
