Çankaya GCRIS Standart veritabanının içerik oluşturulması ve kurulumu Research Ecosystems (https://www.researchecosystems.com) tarafından devam etmektedir. Bu süreçte gördüğünüz verilerde eksikler olabilir.
 

Testing for Unit Roots in Nonlinear Dynamic Heterogeneous Panels with Logistic Smooth Breaks

dc.contributor.authorOmay, Tolga
dc.contributor.authorUçar, Nuri
dc.contributor.authorID189073tr_TR
dc.date.accessioned2024-01-26T07:57:48Z
dc.date.available2024-01-26T07:57:48Z
dc.date.issued2023
dc.departmentÇankaya Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Bankacılık ve Finans Bölümüen_US
dc.description.abstractIn this study, we investigate the validity of the purchasing power parity (PPP) proposition for 34 European and selected global countries. For this purpose, we propose a new unit root test for cross-sectionally dependent heterogeneous panels that allows for gradual structural breaks and symmetric nonlinear adjustment toward the equilibrium level. The alternative hypothesis stationary is obtained by symmetric adjustment due to exponential smooth transition autoregression (ESTAR) around a nonlinear trend. Moreover, we provide small sample properties extensively for the newly proposed test. Hence, this alternative hypothesis has been proven to characterize real exchange rate data (REER) correctly. Thus, the newly proposed tests provide an essential basis for modeling the REER series correctly. Finally, we also derive the approximate asymptotic distribution of the proposed tests using new techniques.en_US
dc.description.publishedMonth3
dc.identifier.citationOmay, T.; Uçar, N. (2023). "Testing for Unit Roots in Nonlinear Dynamic Heterogeneous Panels with Logistic Smooth Breaks", Symmetry, Vol.15. No.3.en_US
dc.identifier.doi10.3390/sym15030747
dc.identifier.issn20738994
dc.identifier.issue3en_US
dc.identifier.urihttp://hdl.handle.net/20.500.12416/7013
dc.identifier.volume15en_US
dc.language.isoenen_US
dc.relation.ispartofSymmetryen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectCCEen_US
dc.subjectCross-Section Dependencyen_US
dc.subjectFactor Modelen_US
dc.subjectNonlinear Panel Unit Rooten_US
dc.subjectPPPen_US
dc.subjectReal Exchange Rate Dataen_US
dc.subjectSieve Bootstrapen_US
dc.subjectSmooth Breaken_US
dc.titleTesting for Unit Roots in Nonlinear Dynamic Heterogeneous Panels with Logistic Smooth Breakstr_TR
dc.titleTesting for Unit Roots in Nonlinear Dynamic Heterogeneous Panels With Logistic Smooth Breaksen_US
dc.typeArticleen_US
dspace.entity.typePublication

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