regions. Using data for 1992-2001, we find strong sigma divergence simultaneously with beta convergence. he results indicate …

This research develops a theory about the role of inequality in the overtaking of growth performance across countries …. It is also shown that divergence or convergence may arise instead of overtaking, depending on the initial levels of …

”) in western part. The result of OLS & GLS regression on absolute convergence model found the existence of â-divergence … process of East Java in overall period (1983-2003), consistent with the ó convergence which showing upward trend (divergence …). Meanwhile, the same divergence process is also found in absolute convergence equation estimated for each club, even though in …

performance among countries. The theory captures two opposing effects of inequality on factor accumulation and suggests that the …. It is also shown that divergence or convergence may arise instead of overtaking, depending on the initial levels of …

hedge funds performance using various asset-pricing models, including an extension form of Carhart's (1997) model combined …, Equity non- Hedge and Sector funds. We analyse the performance of ehdge funds and the persistence in performance for … calculations for several individual hedge fund strategies. We showed there is a proof of persistence in performance in some cases …

Hedge Fund Performance and Persistence in Bull and Bear Markets DANIEL P.J. CAPOCCI University of Liege - Economics … paper tests the performance of 2894 hedge funds in a time period that encompasses unambiguously bullish and bearish trends …-factor composite performance model that achieves very high significance levels. The analysis of performance indicates that most hedge …

We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves … some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring by increasing …

determinants of performance of cities. We construct a preliminary worldwide database for cities, containing variables and … indicators of globalization (at the country and city level), city governance, city performance (access and quality of … globalization (at both the country as well as at the city level) do matter for city-level performance in terms of access and quality …