1. Smooth transition in China: New evidence in the cointegrating money demand relationship
- Author
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Anne laure Delatte, Julien Fouquau, NEOMA, BS, Pôle Finance Responsable - Rouen Business School, and Rouen Business School
- Subjects
[SHS.ECO.FIN]Humanities and Social Sciences/Economics and Finance/domain_shs.eco.fin ,China Money Demand ,[SHS.ECO.FIN] Humanities and Social Sciences/Economics and Finance/domain_shs.eco.fin ,JEL: E - Macroeconomics and Monetary Economics/E.E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit ,China Money Demand, Non-linearity, Cointegrating STR ,jel:E5 ,jel:C3 ,JEL: C - Mathematical and Quantitative Methods/C.C3 - Multiple or Simultaneous Equation Models • Multiple Variables ,Cointegrating STR ,Non-linearity ,China Money Demand,Non-linearity,Cointegrating STR - Abstract
International audience; Using linearity tests proposed by Choi and Saikkonen (2004), this paper finds evidence of a non-linear cointegrating money demand relationship in China during the 1987-2008 period and identifies potential explanations for this nonlinearity.
- Published
- 2010