References
- Christopoulos, D. and León-Ledesma, M. A. (2010) Current account sustainability in the US: what did we really know about it?, Journal of International Money and Finance, 29, 442–59. doi:10.1016/j.jimonfin.2009.06.014.
- Clarida, R. H., Goretti, M. and Taylor, M. P. (2007) Are there thresholds of current account adjustment in the G7?, in G7 Current Account Imbalances: Sustainability and Adjustment, NBER, Clarida, R. H. (Ed), University of Chicago Press, Chicago, IL, pp. 169–204.
- Cuestas, J. C. (2013) The current account sustainability of European transition economies, JCMS: Journal of Common Market Studies, 51, 232–45. doi:10.1111/j.1468-5965.2012.02309.x.
- Granger, C. W. J. and Teräsvirta, T. (1993) Modelling Nonlinear Economic Relationships, Oxford University Press, Oxford.
- Kapetanios, G., Shin, Y. and Snell, A. (2003) Testing for a unit root in the nonlinear STAR framework, Journal of Econometrics, 112, 359–79. doi:10.1016/S0304-4076(02)00202-6.
- Sollis, R. (2009) A simple unit root test against asymmetric STAR nonlinearity with an application to real exchange rates in Nordic countries, Economic Modelling, 26, 118–25. doi:10.1016/j.econmod.2008.06.002.
- Taylor, A. M. (2002) A century of current account dynamics, Journal of International Money and Finance, 21, 725–48. doi:10.1016/S0261-5606(02)00020-7.
- Trehan, B. and Walsh, C. E. (1991) Testing intertemporal budget constraints: theory and applications to US federal budget and current account deficits, Journal of Money, Credit and Banking, 23, 206–23. doi:10.2307/1992777.
- Wickens, M. (2008) Macroeconomic Theory, Princeton University Press, Princeton, NJ.