Weber, Enzo - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2007
differential: Since the presence of long-run comovement rules out persistent shocks
to the output gap, per capita GDPs are in pairs …, this criterion states a
certain ”all-round” economic integration encompassing money, output, interest rate and
inflation … future research.
References
[1] Bernard, A.B., S.N. Durlauf (1995): Convergence in international output. Journal of
Applied …