Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/23367
Título: | Structural breaks and nonlinearity in US and UK public debts |
Autor(es): | Jawadi, Fredj Sousa, Ricardo M. |
Palavras-chave: | Public debt Structural breaks Nonlinearity C22 H6 |
Data: | 2013 |
Editora: | Taylor and Francis |
Revista: | Applied Economics Letters |
Resumo(s): | This article investigates the short-term dynamics of public debts in the United States and the United Kingdom over more than four decades. We check for structural changes in the data and assess nonlinearity and switching-regime hypotheses using several linearity tests. Our findings point to multiple structural breaks due to economic downturns, oil shocks and financial and political instability. We also identify different regimes for which the adjustment is asymmetric and nonlinear, in particular, since 2003 and around the Great Recession. |
Tipo: | Artigo |
URI: | https://hdl.handle.net/1822/23367 |
DOI: | 10.1080/13504851.2012.727967 |
ISSN: | 1350-4851 |
Versão da editora: | http://www.tandfonline.com/doi/abs/10.1080/13504851.2012.727967 |
Arbitragem científica: | yes |
Acesso: | Acesso restrito UMinho |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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Structural breaks and nonlinearity_RSousa.pdf Acesso restrito! | Documento principal | 185,31 kB | Adobe PDF | Ver/Abrir |