• Article  

      Are any growth theories robust? 

      Durlauf, Steven N.; Kourtellos, Andros; Tan, Chih Ming (2008)
      This article investigates the strength of empirical evidence for various growth theories when there is model uncertainty with respect to the correct growth model. Using model averaging methods, we find little evidence that ...
    • Article  

      Long-run PPP under the presence of near-to-unit roots: The case of the British Pound-US dollar rate 

      Pittis, Nikitas; Christou, Christina; Kalyvitis, Sarantis; Hassapis, Christis (2009)
      Empirical tests typically provide evidence that the British pound-US dollar exchange rate and the relative wholesale price index contain exact unit roots and exhibit cointegration. However, the cointegrating vector is ...