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growth regressions that span the period from 1870 to 2008. The obtained estimates indicate a strong pattern of convergence …
Persistent link: https://www.econbiz.de/10011124125
Persistent link: https://www.econbiz.de/10005292806
. Hence, this paper suggests that convergence should be measured not only by the traditional convergence parameter, which … actually measures convergence to the long-run path, but also by the parameter that measures by how much this long-run path …
Persistent link: https://www.econbiz.de/10010570820
simulations show that the speed of convergence increases with the size of the shocks. …
Persistent link: https://www.econbiz.de/10011123990
This study examines the fiscal effects of emigration. A dynamic macroeconomic framework is used. The net present value of the fiscal effects of different types of individuals’ emigration decisions is calculated. Individuals are differentiated w.r.t. age, gender, education, being immigrants or...
Persistent link: https://www.econbiz.de/10011124063