Article ID Journal Published Year Pages File Type
5083725 International Review of Economics & Finance 2013 12 Pages PDF
Abstract
► We use PSTR models to investigate the nonlinear trade balance fundamentals nexus. ► Real interest rate differentials nonlinearly cause the changes in trade balances. ► Stylized facts of China's trade balances were verified. ► We simulate the effect of the Fed's monetary policy on the bilateral trade balance.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Nonlinear bilateral trade balance-fundamentals nexus: A panel smooth transition regression approach
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