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Non-Linear Unit Root Testing With Arctangent Trend: Simulation and Applications in Finance

dc.contributor.author Ozel, Ozgur
dc.contributor.author Ilalan, Deniz
dc.contributor.authorID 234617 tr_TR
dc.contributor.other 01. Çankaya Üniversitesi
dc.contributor.other 03.01. Bankacılık ve Finans
dc.contributor.other 03. İktisadi ve İdari Birimler Fakültesi
dc.date.accessioned 2019-12-23T14:01:29Z
dc.date.accessioned 2025-09-18T16:06:47Z
dc.date.available 2019-12-23T14:01:29Z
dc.date.available 2025-09-18T16:06:47Z
dc.date.issued 2018
dc.description Ilalan, Deniz/0000-0002-0905-2304 en_US
dc.description.abstract We consider arctangent as the logistic function and compute the asymptotic critical values of the related non-linear unit root test via Monte Carlo simulation. While doing so, we got inspiration from some pioneering articles and use first-order Taylor approximation. We observe that this newly proposed test exhibits higher power than some well-known linear and non-linear tests. We apply our test to some stock indexes and find out that a non-linear arctangent trend can be at stage, rather than a linear unit root process. en_US
dc.description.publishedMonth 4
dc.identifier.citation İlalan, Deniz; Özel, Özgür (2018). Non-linear unit root testing with arctangent trend: Simulation and applications in finance, Cogent Mathematics, 5(1). en_US
dc.identifier.doi 10.1080/25742558.2018.1458555
dc.identifier.issn 2574-2558
dc.identifier.uri https://doi.org/10.1080/25742558.2018.1458555
dc.identifier.uri https://hdl.handle.net/20.500.12416/14587
dc.language.iso en en_US
dc.publisher Taylor & Francis As en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.subject Unit Root Test en_US
dc.subject Smooth Transition en_US
dc.subject Asymptotic Distribution en_US
dc.title Non-Linear Unit Root Testing With Arctangent Trend: Simulation and Applications in Finance en_US
dc.title Non-linear unit root testing with arctangent trend: Simulation and applications in finance tr_TR
dc.type Article en_US
dspace.entity.type Publication
gdc.author.id Ilalan, Deniz/0000-0002-0905-2304
gdc.author.institutional İlalan, Deniz
gdc.author.wosid Ilalan, Deniz/E-6399-2018
gdc.description.department Çankaya University en_US
gdc.description.departmenttemp [Ilalan, Deniz] Cankaya Univ, Ankara, Turkey; [Ozel, Ozgur] Cent Bank Republ Turkey, Ankara, Turkey en_US
gdc.description.issue 1 en_US
gdc.description.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
gdc.description.volume 5 en_US
gdc.description.woscitationindex Emerging Sources Citation Index
gdc.identifier.openalex W2794988066
gdc.identifier.wos WOS:000430413900001
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gdc.plumx.mendeley 1
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