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Luiz de Mello,Pier Carlo Padoan
This paper assesses the sustainability of global imbalances by testing for the presence of unit roots in the current account positions (measured in relation to GDP) of the United States, China, Japan, Germany and the oil-exporting countries using a metho...
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Eugenio Figueroa
Pág. pp. 5 - 32
Cross-country estimations of the Environmental Kuznets Curve (EKC) to empiricallyanalyze the relationship between income and pollution have generallyassumed a common structure for all countries. Since this latter feature is notsupported by economic theor...
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Gilberto Libânio
A existência de raízes unitárias em series temporais macroeconômicas tem sido objeto de extensa pesquisa teórica e empírica nas últimas duas décadas. O presente artigo discute algumas das principais questões relacionadas a testes de raízes unitárias, exp...
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Rómulo Chumacero
Pág. pp. 55 - 68
This paper presents compelling evidence against the null hypothesis of a unitroot in series such IMACEC, consumption or GDP for the Chilean economy.This evidence builds on results derived by Chumacero (2000) that show thatwhen the scale variable is diffe...
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