Canarella, Giorgio; Gupta, Rangan; Miller, Stephen M.; Omay, Tolga(Routledge, 2020)
We employ linear and nonlinear unit-root tests to examine the stationarity of five multi-century historical U.K. series of real output compiled by the Bank of England. Three series span 1270 to 2016 and two series span ...
Omay, Tolga; Van Eyden, Renee; Gupta, Rangan(Springer, 2018-05)
This paper analyses the empirical relationship between inflation and growth using a panel data estimation technique, multiple-regime panel smooth transition regression, which takes into account the nonlinearities in the ...
Emirmahmutoglu, Furkan; Gupta, Rangan; Miller, Stephen M.; Omay, Tolga(Wiley, 2020-01)
This paper re‐examines the stochastic properties of U.S. state real per capita personal income, using new panel unit‐root procedures. The new developments incorporate non‐linearity, asymmetry, and cross‐sectional correlation ...
This article applies the Fractional Frequency Flexible Fourier Form (FFFFF) Dickey–Fuller (DF)-type unit root test on the natural logarithm of US real GNP over the quarterly period of 1875:1–2015:2, to determine whether ...
