Testing the Fed and the Graham and Dodd Models : Asymmetric vs Symmetric Adjustment - HAL Accéder directement au contenu
Article dans une revue Applied Economics Letters Année : 2007

Testing the Fed and the Graham and Dodd Models : Asymmetric vs Symmetric Adjustment

Sofiane Aboura
  • Fonction : Auteur
  • PersonId : 840537

Résumé

We examine the empirical validity of the Fed Model and the Graham and Dodd model for five countries and over a time period spanning three decades by applying the Enders and Granger (1998) and Enders and Siklos (2001) threshold unit-root and cointegration tests. Our results support the hypothesis that the adjustment back to equilibrium is asymmetric.
Loading...
Fichier non déposé

Dates et versions

halshs-00154378, version 1 (13-06-2007)

Identifiants

  • HAL Id : halshs-00154378 , version 1

Citer

Sofiane Aboura. Testing the Fed and the Graham and Dodd Models : Asymmetric vs Symmetric Adjustment. Applied Economics Letters, 2007, ND, pp.ND. ⟨halshs-00154378⟩
47 Consultations
0 Téléchargements
Dernière date de mise à jour le 15/06/2024
comment ces indicateurs sont-ils produits

Partager

Gmail Facebook Twitter LinkedIn Plus