Glawe, Linda; Wagner, Helmut - In: Journal of risk and financial management : JRFM 14 (2021) 3/104, pp. 1-22
a necessary precondition. While the goal of this income and institutional convergence was successfully achieved over a … long period of time, this convergence development has weakened or even turned into divergence in the last one to two … decades. This paper provides an overview of the empirical evidence for these convergence and divergence developments and …
