Title of article
Is the trend in post-WW II US real GDP uncertain or non-linear?
Author/Authors
Dimitrios V. Vougas، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2007
Pages
8
From page
348
To page
355
Abstract
This paper examines the presence of deterministic trend and/or absence of a unit root in the log of post-WW II US real GDP. Evidence favoring non-linear deterministic trend and trend stationarity (unit-root absence) is found, contradicting recent unit-root and trend uncertainty findings.
Keywords
Business Cycle , Productivity slow-down , Non-linear trend , Trend approximation , Unit root
Journal title
Economics Letters
Serial Year
2007
Journal title
Economics Letters
Record number
436161
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