Add to ORKGThis paper proposes new three unit root testing procedures which consider jointly for two structural breaks and nonlinear adjustment. The structural breaks are modelled by means of two logistic smooth transition functions and nonlinear adjustment is modelled by means of ESTAR models. The Monte Carlo experiments display that the empirical sizes of tests are quite close to the nominal ones and in terms of power; the three new unit root tests are superior to the alternative tests. An empirical application involving crude oil underlines the usefulness of the new unit root tests
Perron [Perron, P., 1989. The great crash, the oil price shock and the unit root hypothesis. Econome...
This paper reconsiders the nature of the trends (i.e. deterministic or stochastic) in macroeconomic ...
Since threshold autoregressive models were discovered, many unit root tests have been developed to t...
This paper proposes new three unit root testing procedures which consider jointly for two structural...
In this paper, we develop a new unit root testing procedure which considers jointly for structural b...
We develop unit root tests that allow under the alternative hypothesis for a smooth transition betwe...
Traditional unit root tests display a tendency to be nonstationary in the case of structural breaks ...
The aim of this paper is to develop a unit root test that takes into account two sources of nonlinea...
This paper reconsiders the nature of the trends (i.e. deterministic or stochastic) in macroeconomic ...
This study suggests a new nonlinear unit root test procedure with Fourier function. In this test pro...
This paper extends the unit root test of Christopoulos and Leòn-Ledesma (2010) to accommodate not o...
This paper deals with testing a time series with a structural break in its mean for a unit root when...
In this study, we propose a new unit root test procedure that allows for both gradual structural bre...
In this paper we examine the local power of unit root tests against globally stationary exponential ...
Techniques for testing the null hypothesis of difference stationarity against stationarity around so...
Perron [Perron, P., 1989. The great crash, the oil price shock and the unit root hypothesis. Econome...
This paper reconsiders the nature of the trends (i.e. deterministic or stochastic) in macroeconomic ...
Since threshold autoregressive models were discovered, many unit root tests have been developed to t...
This paper proposes new three unit root testing procedures which consider jointly for two structural...
In this paper, we develop a new unit root testing procedure which considers jointly for structural b...
We develop unit root tests that allow under the alternative hypothesis for a smooth transition betwe...
Traditional unit root tests display a tendency to be nonstationary in the case of structural breaks ...
The aim of this paper is to develop a unit root test that takes into account two sources of nonlinea...
This paper reconsiders the nature of the trends (i.e. deterministic or stochastic) in macroeconomic ...
This study suggests a new nonlinear unit root test procedure with Fourier function. In this test pro...
This paper extends the unit root test of Christopoulos and Leòn-Ledesma (2010) to accommodate not o...
This paper deals with testing a time series with a structural break in its mean for a unit root when...
In this study, we propose a new unit root test procedure that allows for both gradual structural bre...
In this paper we examine the local power of unit root tests against globally stationary exponential ...
Techniques for testing the null hypothesis of difference stationarity against stationarity around so...
Perron [Perron, P., 1989. The great crash, the oil price shock and the unit root hypothesis. Econome...
This paper reconsiders the nature of the trends (i.e. deterministic or stochastic) in macroeconomic ...
Since threshold autoregressive models were discovered, many unit root tests have been developed to t...