An Investigation of Current Account Solvency in Latin America Using Non Linear Nonstationarity Tests

Verfasser / Beitragende:
[Georgios E Chortareas, George Kapetanios, Merih Uctum]
Ort, Verlag, Jahr:
2004
Enthalten in:
Studies in Nonlinear Dynamics & Econometrics, 8/1(2004-03-01)
Format:
Artikel (online)
ID: 378913824
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024 7 0 |a 10.2202/1558-3708.1200  |2 doi 
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245 0 3 |a An Investigation of Current Account Solvency in Latin America Using Non Linear Nonstationarity Tests  |h [Elektronische Daten]  |c [Georgios E Chortareas, George Kapetanios, Merih Uctum] 
520 3 |a Using a new methodology that allows nonlinearities, we find frequent support for external debt sustainability in a number of Latin American countries. Our findings reverse the results for several countries, obtained with traditional unit-root tests and present a richer framework for evaluating the external solvency of an economy. Our results also provide some justification for the assumption the international current accounts are based on. 
540 |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston 
700 1 |a Chortareas  |D Georgios E.  |u Bank of England, georgios.chortareas@bankofengland.co.uk  |4 aut 
700 1 |a Kapetanios  |D George  |u Queen Mary University of London, G.Kapetanios@qmul.ac.uk  |4 aut 
700 1 |a Uctum  |D Merih  |u City University of New York, muctum@brooklyn.cuny.edu  |4 aut 
773 0 |t Studies in Nonlinear Dynamics & Econometrics  |d De Gruyter  |g 8/1(2004-03-01)  |q 8:1  |1 2004  |2 8  |o snde 
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950 |B NATIONALLICENCE  |P 700  |E 1-  |a Chortareas  |D Georgios E.  |u Bank of England, georgios.chortareas@bankofengland.co.uk  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Kapetanios  |D George  |u Queen Mary University of London, G.Kapetanios@qmul.ac.uk  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Uctum  |D Merih  |u City University of New York, muctum@brooklyn.cuny.edu  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Studies in Nonlinear Dynamics & Econometrics  |d De Gruyter  |g 8/1(2004-03-01)  |q 8:1  |1 2004  |2 8  |o snde 
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