On The Sustainability of the EUs Current Account Deficits

In this paper, we test for the stationarity of EU current account deficits. Our testing strategy addresses two key concerns with regard to unit root panel data testing, namely (i) the identification of which members-states are stationary, and (ii) the presence of cross-sectional dependence. For this...

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Autores:

Tipo de recurso:

Fecha de publicación:

2007

Institución:

Universidad del Rosario

Repositorio:

Repositorio EdocUR - U. Rosario

Idioma:

eng

OAI Identifier:

oai:repository.urosario.edu.co:10336/28411

Acceso en línea:

https://repository.urosario.edu.co/handle/10336/28411

Palabra clave:

Heterogeneous dynamic panels
Current account sustainability
Mean reversion
Panel stationarity test

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