Title of article
Mean reversion of the current account: evidence from the panel data unit-root test
Author/Authors
Wu، Jyh-Lin نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2000
Pages
-214
From page
215
To page
0
Abstract
This paper employs quarterly data from the whole of Germany to test the stability of M3 demand for money. The methodology is based on an application of the CUSUM and CUSUMSQ in the context of error-correction modeling and cointegration. The results reveal some instability in M3 money demand function.
Keywords
Mean reverting , Current account , Panel data unit-root tests , Bootstrap
Journal title
Economics Letters
Serial Year
2000
Journal title
Economics Letters
Record number
21782
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