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Zahra Mila Elmi

Academic rank: Professor
ORCID:
Education: PhD.
ScopusId:
Faculty: Faculty of Economics and Administrative Sciences
Address:
Phone: 09112153929

Research

Title
Nonlinear adjustment to the mean reversion of consumption–income ratio
Type
JournalPaper
Keywords
Consumption–income ratioMean reversionFourier stationary test
Year
2013
Journal ECONOMIC MODELLING
DOI
Researchers Zahra Mila Elmi ، Omid Ranjbar

Abstract

This study utilizes a flexible Fourier stationary test, proposed by Becker et al. (2006) to investigate the mean reversion of consumption–income ratio in 16 OECD countries from 1960 to 2010. Empirical results from our flexible nonlinear stationary test show that the mean reversion hypothesis is not rejected for 12 of the 16 OECD countries