Multiple Structural Breaks in Australia's Macroeconomic Data: An Application of the Lumbsdaine and Papell Test

Authors

Abbas Valadkhani, University of WollongongFollow
Allan Layton, Queensland University of Technology
Mosayeb Pahlavani, University of WollongongFollow

RIS ID

13098

Publication Details

Valadkhani, A., Pahlavani, M. & Layton, A. (2005). Multiple Structural Breaks in Australia''s Macroeconomic Data: An Application of the Lumbsdaine and Papell Test. International Journal of Applied Econometrics and Quantitative Studies, 2 (3), 19-32.

Abstract

This paper employs all available annual time series data to endogenously determine the timing of structural breaks for 10 macroeconomic variables in the Australian economy.