convergence speed of per capita income among municipios and test whether spatial externalities are linked to local income growth …. Conditionally on structural characteristics, we find evidence of convergence between municipios and of positive spatial dependence …

and timing of euro adoption. We investigate the real-nominal convergence nexus from the perspective of euro area entry. We … argue that the initial level of economic development as measured by per capita income and the speed of real convergence have …

part of the report focuses on inflation perceptions and a fourth section explores the cross-border convergence of prices … differentials have generally declined over time across European countries though there is no sizeable euro introduction convergence …

-industry restructuring in productivity growth, few studies have gone beyond the framework of the representative firm in examining convergence …

Using a neo-classical growth model, we analyse the real and nominal GDP per capita convergence of 21 emerging market … physical capital intensities in the long run. Due to standard-convergence in the model, catching up will continue at a … decelerating speed. Also nominal convergence in prices that will lead to a real appreciation of the EME currencies with respect to …

that, from the 1980's onwards, we can accept the hypothesis of stochastic convergence between France, Germany and Japan, on …

A switching regression approach with imperfect sample separation information is used to determine convergence clubs …. Regime classification allows one to determine which countries belong to the related convergence clubs. Initial per capita GDP …