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convergence. We apply three approaches to convergence – beta-convergence, sigma-convergence and quantile-convergence (q-convergence … check if countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the …
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convergence over the period 1926-1991 was driven by both within-sector convergence in productivity and structural change. Our …
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I examine the relevance of contagion in explaining financial distress in the US banking system by identifying the component of bank level probabilities that is due to contagion. Identification is achieved after controlling for macrofinancial and bank specific shocks that have similar...
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estimation of a conditional convergence model. In general, reliance on natural resource exports slows growth, but we find that …
Persistent link: https://www.econbiz.de/10013175560
, their wholesale national gas markets are highly heterogeneous. We study the determinants of cross-country convergence of … pairwise, relative and σ-convergence. We show that there is evidence of pairwise price convergence and that some key … the existence of a convergence process. This result carries over to the notion of σ-convergence and is robust to a number …
Persistent link: https://www.econbiz.de/10012395753