Espinosa, Christian; Gorigoitía, Juan; Maquieira, Carlos - Facultad de Economía y Empresa, Universidad Diego Portales - 2012
Considering the time period from September 2000 to September 2010, we study the nonlinear behaviour of the EMBI index for six emerging Eastern European countries,. Applying the Hinich portmanteau bicorrelation test, the BDS test, the Engle test and Wavelet theory, we observe systematic nonlinear...