Is there a nonlinear long-run relation in the U.S. interest rate and inflation?
Recent advances in nonlinear cointegration analysis find evidence for a nonlinear long-run relation between the U.S. interest rate and inflation. Employing the Breitung's (2001) rank tests for nonlinear cointegration, we find herein little evidence for cointegration in the U.S. data. We also pr...
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Economics Bulletin
2013
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| Online Access: | http://ir.unimas.my/id/eprint/15931/1/EB-13-V33-I1-P10%20%28abstrak%29.pdf http://ir.unimas.my/id/eprint/15931/ https://ideas.repec.org/a/ebl/ecbull/eb-12-00198.html |
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my.unimas.ir.159312017-05-03T01:59:26Z http://ir.unimas.my/id/eprint/15931/ Is there a nonlinear long-run relation in the U.S. interest rate and inflation? lee, Hwa-tae Khim-Sen Liew, Venus Gawon, Yoon HC Economic History and Conditions Recent advances in nonlinear cointegration analysis find evidence for a nonlinear long-run relation between the U.S. interest rate and inflation. Employing the Breitung's (2001) rank tests for nonlinear cointegration, we find herein little evidence for cointegration in the U.S. data. We also provide simulation results regarding the performance of the rank tests for some plausible nonlinear models for the data. Economics Bulletin 2013 E-Article PeerReviewed text en http://ir.unimas.my/id/eprint/15931/1/EB-13-V33-I1-P10%20%28abstrak%29.pdf lee, Hwa-tae and Khim-Sen Liew, Venus and Gawon, Yoon (2013) Is there a nonlinear long-run relation in the U.S. interest rate and inflation? Economics Bulletin, 33 (1). pp. 104-112. ISSN 1545-2921 https://ideas.repec.org/a/ebl/ecbull/eb-12-00198.html |
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HC Economic History and Conditions |
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HC Economic History and Conditions lee, Hwa-tae Khim-Sen Liew, Venus Gawon, Yoon Is there a nonlinear long-run relation in the U.S. interest rate and inflation? |
| description |
Recent advances in nonlinear cointegration analysis find evidence for a nonlinear long-run relation between the U.S. interest rate and inflation. Employing the Breitung's (2001) rank tests for nonlinear cointegration, we find herein little evidence for cointegration in the U.S. data. We also provide simulation results regarding the performance of the rank tests for some plausible nonlinear models for the data. |
| format |
E-Article |
| author |
lee, Hwa-tae Khim-Sen Liew, Venus Gawon, Yoon |
| author_facet |
lee, Hwa-tae Khim-Sen Liew, Venus Gawon, Yoon |
| author_sort |
lee, Hwa-tae |
| title |
Is there a nonlinear long-run relation in the U.S. interest rate and inflation? |
| title_short |
Is there a nonlinear long-run relation in the U.S. interest rate and inflation? |
| title_full |
Is there a nonlinear long-run relation in the U.S. interest rate and inflation? |
| title_fullStr |
Is there a nonlinear long-run relation in the U.S. interest rate and inflation? |
| title_full_unstemmed |
Is there a nonlinear long-run relation in the U.S. interest rate and inflation? |
| title_sort |
is there a nonlinear long-run relation in the u.s. interest rate and inflation? |
| publisher |
Economics Bulletin |
| publishDate |
2013 |
| url |
http://ir.unimas.my/id/eprint/15931/1/EB-13-V33-I1-P10%20%28abstrak%29.pdf http://ir.unimas.my/id/eprint/15931/ https://ideas.repec.org/a/ebl/ecbull/eb-12-00198.html |
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