Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/62931
Authors: 
Chortareas, Georgios
Kapetanios, George
Uctum, Merih
Year of Publication: 
2003
Series/Report no.: 
Working Paper, Department of Economics, Queen Mary, University of London 485
Abstract: 
Using a new methodology that allows for nonlinearities, we find frequent support for sustainability in the debt of a set of Latin American countries. Our findings overturn results obtained with traditional unit-root tests and provide a more realistic alternative to evaluate the external solvency of an economy.
Subjects: 
Current account, Nonlinearity
JEL: 
C22
F32
F34
Document Type: 
Working Paper

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