application to a GARCH-model demonstrates the approach in practice by estimating actual rates of convergence through a large scale …The convergence of estimators, e.g. maximum likelihood estimators, for increasing sample size is well understood in … many cases. However, even when the rate of convergence of the estimator is known, practical application is hampered by the …

application to a GARCH-model demonstrates the approach in practice by estimating actual rates of convergence through a large scale …The convergence of estimators, e.g. maximum likelihood estimators, for increasing sample size is well understood in … many cases. However, even when the rate of convergence of the estimator is known, practical application is hampered by the …

world of increasing economic integration convergence in health care financing (HCF) and, hence, decreasing differences in … convergence we take the public financing ratio in % of total HCF and in % of GDP. The major finding is that HCF in the OECD … convergence is decreasing over time. …

We investigate the convergence process among EU regions between 1980-2002 taking into account the effects of spatial …

Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …

According to New Growth Theory one can not rely on the convergence mechanisms inherent in traditional neoclassical … constant returns to scale models. Convergence as well as divergence is possible, in general, depending on the assumptions about … conditions divergence, convergence or a stable centre-periphery structure emerge. The model allows for different degrees of …

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies … importance of the global factor. In other words, there is evidence of business cycle convergence within each of these two groups …

This paper examines whether economic integration favors countries' convergence into a common cone of diversification … integration in Europe is found to have promoted convergence from lower to higher diversification cones. …