Linearity and stationarity of G7 government bond returns

This study investigates the linearity and stationarity properties of government bond returns for the G7 economies. Our results from Luukkonen et al. (198 8) linearity test reveal the nonlinear nature of all of the G7 bond returns. Furthermore, we had determined that they are s...

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Main Authors: Liew, Venus Khim-Sen, Qiao, Zhuo, Wong, Wing-Keung
Format: Article
Language:English
Published: Economics Bulletin 2010
Subjects:
Online Access:http://ir.unimas.my/id/eprint/18000/
http://ir.unimas.my/id/eprint/18000/1/Linearity%20and%20stationarity.pdf
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author Liew, Venus Khim-Sen
Qiao, Zhuo
Wong, Wing-Keung
author_facet Liew, Venus Khim-Sen
Qiao, Zhuo
Wong, Wing-Keung
author_sort Liew, Venus Khim-Sen
building UNIMAS Institutional Repository
collection Online Access
description This study investigates the linearity and stationarity properties of government bond returns for the G7 economies. Our results from Luukkonen et al. (198 8) linearity test reveal the nonlinear nature of all of the G7 bond returns. Furthermore, we had determined that they are stationary by the Kapetanios et al. (2003) nonlinear unit root test. In sum, it can be concluded that G7 government bond returns are stationary but possess a nonlinear feature. Our findings provide useful information for researchers interested in bond markets
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institution Universiti Malaysia Sarawak
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publisher Economics Bulletin
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spelling unimas-180002022-03-18T08:38:48Z http://ir.unimas.my/id/eprint/18000/ Linearity and stationarity of G7 government bond returns Liew, Venus Khim-Sen Qiao, Zhuo Wong, Wing-Keung H Social Sciences (General) This study investigates the linearity and stationarity properties of government bond returns for the G7 economies. Our results from Luukkonen et al. (198 8) linearity test reveal the nonlinear nature of all of the G7 bond returns. Furthermore, we had determined that they are stationary by the Kapetanios et al. (2003) nonlinear unit root test. In sum, it can be concluded that G7 government bond returns are stationary but possess a nonlinear feature. Our findings provide useful information for researchers interested in bond markets Economics Bulletin 2010 Article PeerReviewed text en http://ir.unimas.my/id/eprint/18000/1/Linearity%20and%20stationarity.pdf Liew, Venus Khim-Sen and Qiao, Zhuo and Wong, Wing-Keung (2010) Linearity and stationarity of G7 government bond returns. Economics Bulletin, 4 (1). ISSN 1545-2921 https://www.researchgate.net/publication/228219603 DOI: 10.2139/ssrn.1673743
spellingShingle H Social Sciences (General)
Liew, Venus Khim-Sen
Qiao, Zhuo
Wong, Wing-Keung
Linearity and stationarity of G7 government bond returns
title Linearity and stationarity of G7 government bond returns
title_full Linearity and stationarity of G7 government bond returns
title_fullStr Linearity and stationarity of G7 government bond returns
title_full_unstemmed Linearity and stationarity of G7 government bond returns
title_short Linearity and stationarity of G7 government bond returns
title_sort linearity and stationarity of g7 government bond returns
topic H Social Sciences (General)
url http://ir.unimas.my/id/eprint/18000/
http://ir.unimas.my/id/eprint/18000/
http://ir.unimas.my/id/eprint/18000/
http://ir.unimas.my/id/eprint/18000/1/Linearity%20and%20stationarity.pdf