Chortareas, Georgios E; Kapetanios, George; Uctum, Merih - In: Studies in Nonlinear Dynamics & Econometrics 8 (2004) 1
Using a new methodology that allows nonlinearities, we find frequent support for external debt sustainability in a number of Latin American countries. Our findings reverse the results for several countries, obtained with traditional unit-root tests and present a richer framework for evaluating...