In this paper, we modify the multivariate nonlinear causality test to be panel nonlinear causality test and we apply these and other existing related tests to examine the causal relationship between growth in economic ...
We examine co-movement and predictability of Bond Spread of BRICS and PIIGS with respect to political risk
(PR), financial risk (FR), and economic risk (ER). Our linear Granger causality findings imply that PR is the ...
