different bootstrap tests. In the context of static linear regression models two of these are shown to have serious size and …

determined with a permutation procedure and a parametric bootstrap in the tests for serial independence and linearity …

We use a subsample bootstrap method to get a consistent estimate of the asymptotically optimal choice of the sample …

both estimators. A practical procedure for jointly selecting band- and binwidth parameters is also presented. Simulation …

How does global aging affect the convergence in global economic development? Both the developing and developed world …

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level … for 14 OECD countries, covering the period 1970-1997. A fã-convergence analysis shows that the development of cross …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence …

effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which …