Showing 1 - 6 of 6
necessarily convergence of the arbitrage pricing intervals in that context. We prove here that we have very good convergence …
Persistent link: https://www.econbiz.de/10010861455
that, from the 1980's onwards, we can accept the hypothesis of stochastic convergence between France, Germany and Japan, on …
Persistent link: https://www.econbiz.de/10010707010
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 …
Persistent link: https://www.econbiz.de/10010707200
Periods for european convergence Real convergence of european economies is disputed in recent studies which suggest an … opposition between real and nominal convergence. This paper enlarges the perspective and considers real convergence over … highlights the distinction between p- and CJ-convergence. Finally, national specific performances, as measured by residuals to …
Persistent link: https://www.econbiz.de/10010707950
This paper evaluates the convergence of energy intensities for a group of 97 countries in the period 1971 …–2003. Convergence is tested using a recent method proposed by Pesaran (2007) [Pesaran, M.H., 2007. A pair-wise approach to testing for … output and growth convergence. Journal of Econometrics 138, 312–355] based on the stochastic convergence criterion. An …
Persistent link: https://www.econbiz.de/10010708323
The aim of this paper is to establish a compactness result on some function sets. The main idea is very simple : it suffices to change the axis in order to transform a family of nondecreasing functions in Lipschitz ones and then to apply Ascoli's theorem. As we will see, this simple geometrical...
Persistent link: https://www.econbiz.de/10010708587