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Since the beginning of the 1990s, the issue of income convergence has received considerable attention in economic … scarce. The present paper is an attempt to provide additional information on the spatial aspect of convergence. Spatial … econometric methods are used to investigate regional convergence in West Germany. The results indicate that spatial interaction is …
Persistent link: https://www.econbiz.de/10010295602
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10011409398
The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which incorporate banks with a higher intermediation quality grow faster in “normal” times and are more resilient in “bad” ones. For this purpose, we measure the...
Persistent link: https://www.econbiz.de/10011381424
The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which incorporate banks with a higher intermediation quality grow faster in “normal” times and are more resilient in “bad” ones. For this purpose, we measure the...
Persistent link: https://www.econbiz.de/10011443947
The findings of recent studies on adjustment processes suggest that regional labour markets in the EU and the US differ significantly. Low wage flexibility and limited labour mobility in European countries involve persistent unemployment differentials across regions. However, the spatial...
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