This paper provides an analysis of the convergence pattern of German housing prices and rents employing a new dataset … that covers all the country's administrative districts. In addition to conventional tests for β-convergence and δ-convergence … districts. Our results reveal no evidence of convergence across Germany or within states; rather, we discover widespread …

This paper provides an analysis of the convergence pattern of German housing prices and rents employing a new dataset … that covers all the country's administrative districts. In addition to conventional tests for 𝛽-convergence and 𝜎-convergence … districts. Our results reveal no evidence of convergence across Germany or within states; rather, we discover widespread …

We study house price convergence in panels of US states and metropolitan areas. Our analysis is centered on three … issues. First, we test whether the US house prices are converging over time using log t convergence test by Phillips and Sul … (2007). The test results suggest that there is little evidence of overall convergence. The second issue is to investigate …

This paper demonstrates effects of economic convergence processes on the foreign exchange behaviour in a monetary …-round integration of two economies. Empirically, such a constellation is found between Australia and New Zealand, whereas diverging … trends in money and interest rates characterise the relation of Australia towards the US. …