the US and Japan based on an output-employment MS vector equilibrium correction model, and a structural break in the … the 1970s, convergence in the business cycle pattern which suggests the notion of a European business cycle. The multi …

total factor productivity growth in the manufacturing sector, using panel data on 159 EU-15 regions from 1992 to 2005 … productivity growth both directly, reflecting own innovation, and indirectly, reflecting imitation of frontier technology.  Further …, the model allows for conditional convergence to a long-run level of TFP relative to the frontier.  We also develop an …

inequality in Italy.  More particularly, convergence in value added per capita across Italy's regions is tested (through both …

A convergence model with wealth accumulation subject to i.i.d. random shocks is examined. The transfer function shows … econometric theory of time series. Economic theory forces consideration of a broad range of cases, including some which violate B-convergence …

It is widely believed that regional labour markets in the USA are highly flexible, so that employment shocks have only … employment rates to shocks has been rather weak in the USA over the past 30 years, though probably stronger in the 1950s and 1960 …

In this paper we present a general result concerning the convergence to stochastic integrals with non-linear integrands …

This paper examines the evidence for regional convergence or catch-up in levels and growth rates of per capita income …, Re-Weighted Least Squares, and Least Trimmed Squares - establish that unconditional convergence in growth rates does not … obtain, but that there is clear and robust evidence of conditional convergence. This suggests that important differences …

A convergence model in which wealth accumulation is subject to i.i.d. random shocks is examined. The accumulation …