resulting semiparametric estimator of the parameter vector is asymptotically normal with an optimal rate of convergence … optimal rate of convergence. Two simulated examples are provided to illustrate the finite sample behavior of the proposed …

There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered … convergence process will be affected. Synthetically, the pessimistic authors are viewing the future economic dynamics as one of so …-Swan model, Mankiw, Romer, and Weil model, etc.) and by empirical evidences, we are considering the convergence in the level of …