Article ID Journal Published Year Pages File Type
5062147 Economics Letters 2007 8 Pages PDF
Abstract
This paper examines the presence of deterministic trend and/or absence of a unit root in the log of post-WW II US real GDP. Evidence favoring non-linear deterministic trend and trend stationarity (unit-root absence) is found, contradicting recent unit-root and trend uncertainty findings.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Is the trend in post-WW II US real GDP uncertain or non-linear?
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