Results of recent research suggest an increase in co-movement in house prices across countries since the mid-1980s, and this apparent increased synchronization has been attributed to greater globalization in the form of rising trade and financial flows. A similar line of research has indicated...

Some previous research has indicated that the classical gold standard led to greater price level convergence among member countries than would be observed in later Bretton Woods and floating exchange rate regimes. This paper examines the subject of price convergence under the gold standard with...

A number of previous studies (Barro and Sala-i-Martin, Grier) have attempted to gauge the differential impact of regressors such as human capital and investment on the performance of fast and slow growing economies. To date, most such studies impose a single marginal impact on all countries for...