Greek economy towards increasing convergence rates with the U.S. economy after the implementation of the common monetary … policy and increasing convergence rates towards the peripheral countries of the E.M.U. Also, the Greek GDP fluctuations are …

This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993 … compared with the widely cited 2% rate of convergence. (2) The pure mechanism of conditional convergence of the countries under … study was rather constant over time: there were periods of more rapid or slower convergence but the differences were not as …

responses. As a consequence, more bilateral trade and convergence in economic policy constitute two complementary processes to …

This paper tests the hypothesis in the revised endogenous dynamic Solow model that there exists dynamic convergence to … the moving steady-state as a single economy grows. The convergence in the revised endogenous dynamic Solow model implies …, providing strong evidence to support the dynamic convergence hypothesis. …

This paper investigates the convergence of local price levels within Japan, using long-run data spanning six decades … and based on a pairwise approach. The analysis investigates convergence of all binary combinations of local price levels …, rather than choosing a particular city as reference. The results indicate that the null hypothesis of no convergence is …

In this paper we examine long-run house price convergence across US states using a novel econometric approach advocated … convergence based on the percentage of unit root rejections among all state house price differentials. Using a sieve bootstrap … procedure, we construct confidence intervals and find evidence in favour of convergence. We also conclude that speed of …

This paper empirically examines whether there exists stochastic convergence of income inequality among 48 contiguous … evidence in support of the hypothesis of inter-state inequality convergence. Moreover, the results are robust to alternative … inequality measures applied, different notions of stochastic convergence defined, and alternative panel stationary test employed. …

firstly, business cycle synchronization, and secondly, long-term economic convergence. To measure the impact on business cycle … adversely affect business cycle synchronization as well as long-run convergence. …