PPP test for Asian countries and regions: new evidence from a wild bootstrap AESTAR test
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DOI: 10.1080/13504851.2016.1248353
Abstract: ABSTRACT This article investigates the effects of time-varying variance on the asymmetric exponential smooth transition autoregressive (AESTAR) unit root test. We propose a wild bootstrap-based implementation of the test, which is asymptotically valid under time-varying… read more here.
Keywords: countries regions; asian countries; wild bootstrap; aestar test ... See more keywords