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culture from other confounds, however, is often a daunting, sometimes intractable challenge for the working empiricist. To …, environmental, and genetic variation. Using a regression discontinuity design, we estimate discontinuities at the border in terms of … of the border. Our results show multiple discontinuities and thus indicate a potential role of culture to shape …
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This paper studies the smooth transition regression model where regressors are I(1) and errors are I(0). The regressors … sample sizes are moderately large. The cointegrating smooth transition regression model is applied to the Korean and … Indonesian data from the Asian currency crisis of 1997. SigniÞcant nonlinear effects of interest rate on spot exchange rate are …
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