Asymptotic theory for the estimation of nonlinear vector error correction models that exhibit regime-specific short-run dynamics is developed. In particular, regimes ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation In this paper, we first introduce investment-specific technology (IST) shocks to an otherwise standard international real ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Yemen has had a high and volatile rate of inflation in recent years. This paper studies the underlying determinants of ...

This paper tests the Keynesian, monetary and real business cycle theories using annual data from Pakistan covering period 1953-2004. An error-correction equation to explain inflation is presented that ...

Eliminating errors in next-generation DNA sequencing has proved challenging. Here we present error-correction code (ECC) sequencing, a method to greatly improve sequencing accuracy by combining ...