theory, practical data compilations issues and the many uses and applications. …

economists to engage with Phillips’ famous unemployment/wage-inflation analysis, now referred to as the Phillips curve. They … formulated the firstunemployment/price-inflation version of the Phillips curve and were the first to interpret the Phillips curve … reconstruction and assessment of their original formulation, documenting the close relationship between the wage-inflation and price-inflation …

thinking and theory. In particular, which role do calibration, statistical inference, and structural change play? What is the …

and negative effects. In this respect, the theory supports the findings of the empirical literature, which are …

economy as some point in the future. This is known as the convergence hypothesis. In this study, we test this hypothesis for … whether or not it holds. We determine how fast or slow this convergence process is by using the returns to scale concept on … hypothesis of convergence i.e. Ghana is catching up with the Western European countries. The study also shown that Ghana growth …

This paper examines the relationship between migration and convergence for the enlarged internal market of the European … migration rate in a growth regression and examining its impact on the convergence coefficient; and from the actual coefficient … results in favour of the importance of migration on convergence even when human capital is controlled for, the results of the …